New York, NY, November 20, 2009 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Scott Balestrier, Tax Managing Partner, BDO Seidman, LLP will speak at the Knowledge Congress’ webcast entitled: “Protecting Your Tax Strategies After Textron and The New Proposed Tax Form”. This event is scheduled for February 2, 2010 at 12:00 PM - 2:00 PM ET. (For further details, please visit: http://www.knowledgecongress.org/event_2009_tax_strategies.html)
The surprising United States First Circuit Court of Appeals en banc opinion in Textron (U.S. v. Textron, Inc., No. 07-2631 Aug. 13, 2009) - which may go to the Supreme Court - has tax executives and their advisors wondering how they can keep their most sensitive tax analyses from disclosure to tax authorities (http://www.journalofaccountancy.com/Web/20092045.html). The IRS is stating publicly that its policy of voluntary restraint in seeking taxpayers' accrual work papers is under review; and while IRS maintains this policy of voluntary restraint, other tax authorities - foreign, state and local - may not. During this 2-hour Live webcast, they will provide a substantive discussion on this issue and answer questions on the evolving rules and practices that you need to know to protect your strategies from discovery in a tax dispute, including:
· An overview of tax position documentation required, including ASC Policy 740 (formerly known as "FIN 48")
· An in-depth analysis of what may - and may not - be tax accrual work papers
· A consideration of potential privileges applicable to this information
· An update on the litigation in the area, including the status of possible Supreme Court review of Textron
· Live interactive Q&A session
Attending this course will give you tools necessary to understand the risks to your sensitive tax analyses and how they may be protected.
About Scott Balestrier
Scott has 20 years of experience providing tax services for clients in the retail industry. He has assisted clients in providing tax planning and consultation in the areas of International tax, State and local tax, Accounting for income taxes as well as mergers and acquisitions. He has also lead teams that assisted many public retailers with the implementation of FIN 48.
Scott has also served as the industry leader for the retail industry for a “big 4” accounting firm. Scott currently serves as the Philadelphia offices tax leader.
Professional Affiliations: American Institute of Certified Public Accountants;
Pennsylvania Institute of Certified Public Accountants
Education: B.S. Business Administration, Kutztown University
About BDO Seidman, LLP
BDO Seidman, LLP is a national professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. Guided by core values including competence, honesty and integrity, professionalism, dedication, responsibility and accountability, for almost 100 years it has provided quality service and leadership through the active involvement of their most experienced and committed professionals.
BDO Seidman serves clients through 37 offices and more than 400 independent alliance firm locations nationwide. As a Member Firm of BDO International, BDO Seidman, LLP serves multi-national clients by leveraging a global network of resources comprised of 1,095 Member Firm offices in 110 countries. BDO International is a world wide network of public accounting firms, called BDO Member Firms, serving international clients. Each BDO Member Firm is an independent legal entity in its own country. The network is coordinated by BDO Global Coordination B.V., incorporated in the Netherlands with its statutory seat in Eindhoven (trade register registration number 33205251) and with an office at Boulevard de la Woluwe 60, 1200 Brussels, Belgium, where the International Executive Office is located.
For more information on Scott Balestrier and BDO Seidman LLP, please visit: http://www.bdo.com.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.