Deloitte Tax CEO Talks New Laws, Plans Before Guidance
Listen now
Description
Tax professionals are racing to advise companies on two laws passed this year—the tax-and-climate law and the CHIPS Act—both providing tax credits that can be claimed as soon as Jan. 1. Guidance from IRS and Treasury can't come soon enough as companies try to decipher how they would be affected. On this episode of our weekly podcast, Talking Tax, we discuss one Big Four accounting firm's strategy for working with companies as they eagerly await guidance. Bloomberg Tax's Erin Slowey speaks with Steve Kimble, chairman and CEO of Deloitte Tax LLP. Kimble talks about some of the biggest questions he'd like to get answered from the agencies and how companies shouldn't wait for guidance before planning. We also get an update on how the firm is consulting with companies ahead of the midterm elections. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
More Episodes
The new 15% global minimum tax that took effect this year is turning out to be compliance beast. The tax, which is part of an international tax deal agreed to by more than 140 countries in 2021, contains a slew of new technical terms, complex rules, and hundreds of pages of administrative...
Published 04/24/24
Published 04/24/24
A looming decision from the US Supreme Court on federal agency rulemaking power is fueling chatter on just how much it could upend the regulatory process at these agencies. Justices in January heard two cases, Relentless v. Dept. of Commerce and Loper Bright Enterprises v. Raimondo, which...
Published 04/17/24