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Further Queries

This year, it will be even more important for taxpayers to stay on top of the ever-changing legislative and regulatory landscape.

 

First-quarter estimated tax payments and income tax provisions might not be top of mind just yet, but they should be. According to Alvarez and Marsal, our American partners, a myriad of changes could require new computations, processes, and systems and affect financial results and cash flow projections.

 

In the recent article, Alvarez and Marsal helpfully highlight a few items that are changing this year to assist in modelling, analysing business transactions, and assessing strategic alternatives.

 

The article covers:

  • The Tax Cuts and Jobs Act’s (TCJA’s) 2022 Cliff Effects
  • BBBA Planning Quandaries
  • IRS’s Areas of Increased Scrutiny

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IRS | Tax | USA

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