Timely Topics: 2025 Midyear Conference

TEI’s 2025 Midyear Conference concluded on Wednesday, March 19 and featured high-value takeaways for tax professionals, including timely updates on the most important topics and a better understanding of where tax policy is headed. Although you may have missed the Conference, TEI is introducing a post-conference webinar series of six sessions as an opportunity to experience part of the conference in a virtual, convenient setting. TEI is excited to offer some of the most impactful and timely sessions in a live webinar setting, getting as close as possible to being there. You have the option to attend each session individually, or you can purchase all six sessions in the webinar series.

The series will be conducted over three days, featuring the moderators and speakers who presented at the conference in a live webinar setting so attendees can ask questions and interact with the speakers in real time. The series features the following six webinar sessions;

April 8, 2025

• State Corporate Income Tax in 2025: Key Trends and Implications, 12:30 to 1:30 pm ET 
  State corporate income tax laws are evolving rapidly, influenced by legislative changes, federal tax policy, and court decisions. This session will provide a deep dive into the most pressing state tax trends, including apportionment challenges, P.L. 86-272 developments, digital services taxation, and audit trends. Our panel of experts will offer insights into how businesses can navigate these changes and prepare for the shifting tax landscape in 2025 and beyond.

April 9, 2025

• Tax Administration & Compliance in the New Administration, 11:00 to 12:15 pm ET 
  The IRS is once again facing enormous challenges, from changing priorities to rescinded funding to hiring freezes. This panel of former IRS officials will share their perspectives on IRS resilience and adaptability, with a particular focus on how the changes are likely to affect current and planned enforcement initiatives, at both the agency and exam team level. 
• Financial Reporting Considerations of Tax Reform Proposals, Including ETR Impacts, 12:30 to 1:30 pm ET 
  Enacting meaningful tax reform and extending expiring TCJA provisions are top of mind to Congress and tax professionals alike. Join us for an insightful, deep dive into the financial reporting implications of changes in tax law. Our panelists will first review the principles for accounting for tax law changes under ASC 740 and discuss other related accounting issues, including impacts on accounting for business combinations and other comprehensive income, prospective effective dates, and interim financial statements. They will then address select tax accounting considerations of changes in tax law, including accounting for a corporate tax rate change, valuation allowance assessment considerations, and outside basis differences considerations and share insights on what in-house tax professionals should be doing today in anticipation of the enactment of tax legislation, including steps to evaluate and communicate the implications of tax law changes to company executives and stakeholders.
• OECD Pillar Two Update and What Should U.S. Multinationals Do?, 2:00 to 3:00 pm ET 
  The panel will provide an update on the latest developments in Pillar Two implementation and how jurisdictions are aligning with OECD guidance. The discussion will also examine the new administration’s position on Pillar Two, including the recent Executive Order on the Global Tax Deal. Additionally, the panel will explore the practical challenges U.S. companies should consider, such as data collection, modeling, reporting, financial statement impacts, and the approaches tax departments should take to mitigate risks and ensure compliance.

April 21, 2025

• Dealing with Debt in 2025, 10:30 to 11:30 am ET 
  This panel will navigate the intricate landscape of debt management in the current tax environment. The discussion will encompass a variety of topics, including the nuances of debt versus equity characterization, the tax implications of significant debt modifications, and the influence of the corporate alternative minimum tax (CAMT) on debt restructurings. 
• The Future of Tax: Leveraging AI for Corporate Tax Strategy, 12:00 to 1:00 pm ET
  AI is introducing new opportunities and challenges for tax departments. This panel examines the potential for AI, what it can do for tax departments, what challenges it presents, and how tax departments should think about AI as they "future proof" their function. We will be talking with a panel of experts who have experience developing AI solutions for tax departments to get their perspectives and advice.