As we prepare for the start of a new calendar year, our 2023 year-end business tax planning webinar series explored key updates in individual, international, state and local and federal business tax.
In this engaging session, the individual tax update dove into the Inflation Reduction Act, the Secure 2.0 Act and required minimum distribution changes, recent tax law changes, essential updates on tax credits and deductions and practical tips to help you guide through the complexities of year-end tax planning.
Our international tax update covered select key legislative, regulatory, judicial and other developments that present both opportunities and challenges for taxpayers amidst increasing complexity across the global tax landscape.
The state and local tax update explored the most current and impactful issues regarding state and local income and franchise tax nexus, as well as a general overview of state pass-through entity taxes.
The annual federal business tax update focused on developments that affect business entities including corporations, S corporations and partnerships. In addition to discussing the taxation of business entities, this year included discussions on Section 174, the Inflation Reduction Act, tax technology and the legislative and regulatory outlook.
The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.