Navigating New Business Tax and Lease Accounting Standards
Join the experts from Deloitte for two webinars in one! In this multifaceted webinar, experts from Deloitte’s Business Tax and Audit sectors come together to provide an overview of new standards impacting businesses. The first 20 minute section will feature Business Tax Senior Manager Trever Trame, who will cover how businesses across the United States are still weighing the impact of new and extensively modified international tax provisions contained in the 2017 Tax Act (P.L. 115-97). What recent updates should US companies know about, and how should these issues help shape future planning?
Key takeaways will include knowledge of how these provisions might impact business and exploration of resulting tax planning considerations.
During the second 20 minute portion, Audit Senior Manager Mike Lund will cover the recently introduced New Lease Accounting Standard. The finish line is in view, but are you ready? Have you been following the recent standard-setting developments related to leases? Topics covered will include:
• Current standard-setting activities, including a discussion of recently issued FASB guidance.
• Evolving FAQs that continue to be a challenge for the profession.
• Implementation progress and challenges.
Participants will learn about these items and hear perspectives on the new lease standard based on discussions held with the FASB, other accounting firms, and the preparer community.
If you’re interested in learning more about these new regulations and the effect they’ll have on your business, don’t miss out! There will be time during each session to ask questions of the presenters.
His client base includes a wide variety of clients from startup companies to large multi-national companies. He also serves a number of clients that are inbound investments of foreign parent companies and assists them with tax issues related to cash management and transfer pricing. He is an Adjunct Lecturer at the University of Illinois MS Tax Program and a member of both the American Institute of Certified Public Accountants and the Illinois CPA Society.
