Eversheds Sutherland Legal Insights (audio)

In light of the major changes to the Internal Revenue Code (the Code) resulting from the recent enactment of the Tax Cuts and Jobs Act (TCJA), now more than ever, companies have the opportunity to revisit their treatment of income and expenses to ensure they are properly applying the Code and taking advantage of the many opportunities available to them as a result of the TCJA. This Bottom Line videocast discusses: Four procedural tools that companies should consider as they begin planning for the 2017 federal income tax return  Three steps to provide support for positions that may be taken with respect to the TCJA notwithstanding limited administrative guidance Best tax controversy practices to minimize implementation risks