The income tax provision is an estimate of what a company’s final tax bill for the year will be—and it’s an estimate that interests investors, analysts, bankers, even the media. It’s also a tricky calculation. How do you ensure a tax provision stands up to auditors? On CrossBorder Solutions’ The Fiona Show: Tax Provision podcast, you’ll hear from experienced experts on the finer points of calculating a provision and all of the tax and accounting practices that go into it.
Preparing the corporate income tax provision is one of the most complicated jobs in the tax department. Committing to these best practices—all culled from this podcast—promise to make it easier in 2022.
If your company's tax position is uncertain, then it's a safe bet that your income tax provision calculations could be, too. But no need to panic. CrossBorder Solutions Tax Provision experts Howard Telson and Jinal Hira are here to discuss what makes a company's tax position a gray area and…
Tax author Alex Parker, of Capitol Counsel, and CrossBorder Solutions' income tax provision expert Howard Telson discuss possible changes to foreign-earned income and what that could mean for U.S. corporations.
Granted, the latest round of U.S. tax reform is still in the proposal stages, but if Congress passes new tax laws in 2021, it will have an immediate impact on companies' quarterly and annual financial statements. What could change? What adjustments will tax managers have to make as a result?…
Correcting any discrepancies between the estimated tax provision and the actual tax return is essential for businesses and serves as a litmus test for year-end calculations. CrossBorder Solutions tax provision expert Howard Telson explains the process and best practices for closing gaps.
On today’s episode, CrossBorder Solutions tax provision expert Howard Telson explains what companies do when they’re offered a tax benefit that they might never be able to use because they know they’re likely to keep operating at a loss.
On this week’s episode of The Fiona Show: Tax Provision, CrossBorder Solutions’ Senior Tax Manager Howard Telson breaks down the differences between preparing the quarterly provision (10-Q) and the annual provision (10-K)—and how each communicates to stakeholders about the financial health of a company.
The ETR is the focal point of the provision calculation, and it’s crucial to reconcile this figure with the federal statutory rate. CrossBorder Solutions’ Senior Tax Manager Howard Telson explains the importance of the ETR and breaks down the finer points of the rate reconciliation.
Everything you need to know about deferred tax assets and liabilities, timing differences, and the role the deferred provision plays in the total tax provision. CrossBorder Solutions’ Senior Tax Manager Michael Cavanaugh shares everything you need to know about this essential component of the tax provision.
The entire tax provision is calculated on a time crunch, but perhaps the most pressing element of all is the current provision. CrossBorder Solutions’ Senior Tax Manager Michael Cavanaugh breaks down how to accurately calculate your current tax expense in the timeliest way.
What are the largest and most profitable corporations’ doing to keep the tax burden down? CrossBorder Solutions’ Senior Tax Manager Howard Telson and Institute on Taxation and Economic Policy Senior Fellow Matthew Gardner pullback the curtain on the tactics that top companies use to drive down their ETRs.
CrossBorder Solutions' Senior Tax Manager Howard Telson is your guide through the entire tax provision calculation process, start to finish. An absolute must-listen for those seeking to produce an accurate and beneficial provision.
COVID-19 may have had a major effect on how your tax provision is calculated. Join CrossBorder Solutions' Senior Tax Manager Howard Telson as he breaks down how exactly your provision may have been affected, and what you can do about it.
Reconciling the different figures derived from accountancy rules and tax rules is one of the key elements in calculating an accurate tax provision. Howard Telson, senior tax manager at CrossBorder Solutions, breaks down the differences and reveals how tax professionals can bridge them.
The Biden Administration's proposed tax plan may complicate your company's tax provision. On today's episode, CrossBorder Solutions Senior Tax Manager Howard Telson examines the proposal and advises practitioners on how to face potential challenges in calculating the provision if these proposals are passed.
An introductory overview of all the essentials for ASC 740, the provision for income taxes, with CrossBorder Solutions' Senior Tax Manager, and provision expert, Howard Telson.
8 Jun 2021
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