New York, NY, November 20, 2009 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: “Protecting Your Tax Strategies After Textron and The New Proposed Tax Form”. This two-hour event is scheduled on February 2, 2010 at 12:00 PM - 2:00 PM ET.
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.
Scott Balestrier, Tax Managing Partner, BDO Seidman, LLP
Phillip A. Pillar, Shareholder, Greenberg Traurig, LLP
For updated list of the faculty panel, please visit:
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.