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September 25, 2023
2023-1593

Attend this week's Tax webcasts

Tuesday, September 26 — 11:00 a.m. ET. Accounting for income taxes: a quarterly perspective. A panel of experienced Ernst & Young LLP professionals, moderated by Angela Evans, Partner, Tax Accounting and Risk Advisory Services (TARAS), will discuss ongoing issues and regulatory trends in the tax accounting arena. Topics will include recent tax legislation with tax accounting implications and a review of current income tax accounting concepts. Register.

Wednesday, September 27 — 1:00 p.m. ET. Crypto and digital asset information reporting. Recently issued proposed regulations for digital asset information reporting (Form 1099) would require reporting by centralized and de-centralized exchanges, among others, and may have a sweeping impact on an organization’s operational process. For example, onboarding will now require an entity to collect tax forms, transaction systems will need to capture cost basis and sale/transfer information and Forms 1099 will need to be issued annually to the customer and the IRS. The proposed regulations would require reporting in 2026 for sales in 2025. Importantly, that reporting would require cost basis information going back to January 1, 2023. Register.

Thursday, September 28 — 1:00 p.m. ET. BorderCrossings with EY transfer pricing and tax professionals ... OECD BEPS 2.0 transfer pricing update. This webcast will provide a transfer pricing update on the Base Erosion and Profit Shifting (BEPS) 2.0 initiative of the Organisation for Economic Co-operation and Development (OECD), with particular emphasis on Pillar One and the country-by-country (CbC) report safe harbor that is part of Pillar Two. Register.

Friday, September 29 — 2:30 p.m. ET. Metaverse event: Charitable giving with appreciated assets and cryptocurrency. Join Ernst & Young LLP (EY US) and Fidelity Charitable® on Friday, September 29 as we explore the metaverse and discuss the tax impacts of charitable giving and the world of cryptocurrencies. Register.

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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