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Uncertain Tax Positions Insights

Washington Tax Insight February 2019

Politics and Congressional Activity The 116th Congress convened on January 3rd as divided government returned to Washington with the Democrats in control of the House, and Republicans in control of the Senate and the White House.  Nancy Pelosi (D-CA) was elected Speaker of the House, and Kevin McCarthy (R-CA) was elected House Minority Leader.  Top Senate leadership remained the same as in the prior Congress with Senator McConnell (R-KY) as […]

February 20, 2019

Washington Tax Insight January 2019 – Happy New Year!

Politics and Congressional Activity Congress returns to work on January 3rd, when the Democrats take over control of the House with Nancy Pelosi (D-CA) as the likely Speaker of the House.  She appears to have garnered enough support among Democrats in the House to win confirmation, in part by agreeing to relinquish her leadership post in 2020 (after the 116th Congress) unless she receives the support of two-thirds of the […]

January 8, 2019

Top Tax Risks

Domestic and global companies alike face the challenge of complying with ever-changing and evolving tax rules and guidelines. The passage of the 2017 Tax Cuts and Jobs Act (TCJA) added further uncertainty to already risky territory. While companies race to keep up, the internal control environment in many organizations has lagged. The result is an alarming risk profile, internally and externally. Here are seven areas that are especially prone to […]

August 21, 2018