Event Description
Income Tax Accounting: Key Updates and Emerging Trends for 2026
This session will provide tax professionals with a practical update on significant income tax accounting developments and emerging issues affecting ASC 740. Participants will receive a refresher on recent guidance, including ASU 2023-09 disclosure changes, and explore current challenges surrounding uncertain tax positions, business combinations, executive compensation and international tax developments. This program will highlight real-world considerations impacting tax provision processes, reserve analyses, and financial statement reporting, with a focus on helping organizations navigate evolving tax and financial reporting requirements.
Learning objectives:
- Evaluate recent ASC 740 developments, including ASU 2023-09 disclosure requirements and implementation considerations.
- Identify common uncertain tax position (UTP) issues and understand the importance of ongoing monitoring, documentation, and reassessment of tax reserves.
- Analyze key income tax accounting considerations arising from business combinations, including purchase accounting and ASC 805/740 interactions.
- Assess current international tax developments, including Pillar Two and their impact on income tax provisions
- Recognize the tax provision implications of executive compensation and Section 162(m) limitations.
Date/time:
Thursday, October 29, 2026, 8:30 a.m. to 1:00 p.m. EST
Presenters:
- Andrea Prior, Senior Manager, National Tax Office
- Alan Gallatin, Partner, National Tax Office
- Randall Janiczek, Partner, International Tax
Anticipated CPE: 4