Objective: Monitor legislative and regulatory developments related to tax accounting issues such as tax depreciation methods (e.g., MACRS), tax capitalization rules (e.g., UNICAP), or tax years (e.g., 52-53 weeks). Identify issues and recommend modifications to simplify and clarify existing laws and regulations related to tax method and period issues. Maintain appropriate relationships with the IRS, Treasury, Congress and other government officials. Act as a resource to assist the other committees, technical resource panels and task forces, as appropriate, on tax accounting matters.
Qualifications/requirements: Previous experience in tax methods and periods.
Meeting format: In-person or virtual
Reema Patel