Textron

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*** Please note: This event is a rebroadcast of the LIVE event which was originally run on February 2, 2010. Speakers Scott Balestrier and Phillip A. Pillar will return for a live audience question and answer session.***

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). In a stunning announcement made January 26, 2010, IRS Commissioner Shulman revealed a new proposed tax form to require certain business taxpayers to report all of their uncertain tax positions as part of their annual income tax returns. Meanwhile IRS will maintain its policy of "voluntary restraint" in requesting tax accrual work papers. But while IRS has this policy, other tax authorities - foreign, state and local - may not. During this 2-hour rebroadcast, you will hear a substantive discussion on this issue and answer your questions on the evolving rules and practices that you need to know to protect your strategies from discovery in a tax dispute.

Attending this rebroadcast will give you tools necessary to understand the risks to your sensitive tax analyses and how they may be protected.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 103951
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Protecting Your Tax Strategies (CLE/CPE Qualified Rebroadcast):


Proposed Agenda (click here to view more)
SEGMENT 1:


W. Scott Balestrier, Partner, Tax Services,
BDO Seidman, LLP, and

Phillip A. Pillar, Shareholder,
Greenberg Traurig, LLP

A recap of the stunning announcement by IRS Commissioner Shulman and the surprising appellate court reversal and U.S. v. Textron
    - An experienced view of tax accrual workpapers after FIN 48 (now known as "ASC 740")
    - An update of the IRS's policies on tax accrual workpapers and requests for them
    - A first look at the proposed new tax form announced January 26, 2010
    - An analysis of the potentially sensitive information in tax accrual workpapers using examples
    - Strategies for protecting sensitive information from discovery by tax authorities after Textron
    - Strategies for protecting sensitive information from discovery by tax authorities after the proposed
      new tax form. -->



BDO Seidman, LLP
W. Scott Balestrier
Partner, Tax Services
speaker bio »»

Greenberg Traurig, LLP
Phillip A. Pillar
Shareholder
speaker bio »»

Who Should Attend?

- Tax Executives
- Tax Advisors/Directors
- In-House Counsel
- Outside Counsel
- Auditors
- Tax Attorneys/Consultants

Why Attend?

This is a must attend event for anyone interested in hearing the latest discussion on this very timely issue on protecting your tax strategies.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    


Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.

 

 

 

 


Protecting Your Tax Strategies After Textron and The New Proposed Tax Form (CLE/CPE Qualified Rebroadcast)
Speaker Firms:






 

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.