Browse by Category

Browse

Do NOT use your Bloomberg Tax & Accounting platform login credentials. This is our webinar/LMS platform and requires new account creation.

Proposed FASB Changes to Income Tax Disclosures – Are Blended State Rates Over?

Venue

This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.

Description

The FASB released a proposed Accounting Standards Update in March that would dramatically impact income tax disclosures if enacted. The proposal would create enhanced disclosure around rate rec and income taxes paid.  One area of impact will be how state income taxes are reported. While many corporations calculate blended states today, that would likely come to a halt if the new rules are put into effect. Are you using a blended state rate? Join Bloomberg Tax and RSM to learn how to easily calculate separate state income tax using software, so you aren’t caught flat footed should the new FASB rules get enacted.

Presenters

Nick Frank
  • Product Lead
  • Bloomberg Tax

Nick has over 20 years of corporate income tax leadership experience primarily in Fortune 500 and Big 4 roles. Nick founded a corporate income tax provision software company that was aquired by Bloomberg Tax. Nick also teaches income tax accounting at the University of Minnesota.

Darian Harnish
  • Senior Manager
  • RSM US LLP

As part of RSM's Washington National Tax group, Darian works with a team to provide thought leadership and best practices regarding ASC 740. His team is focused on how the changing tax and regulatory environments impact middle market companies and their tax disclosures. 

Al Cappelloni
  • Partner
  • RSM US LLP

Al Cappelloni is a tax partner at RSM US LLP and in Washington National Tax, serving as the technical tax lead for ASC 740 accounting standards for income tax. 

Continuing Education

Credits:
1.2 CPE, 1.0 General COA
Practice Areas:
Field of Study: Taxes
Level:
Any
Production Date:
06/27/2023