The Knowledge Congress Scheduled a Webcast on Protecting Your Tax Strategies After Textron and The New Proposed Tax Form

New York, NY, November 20, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: “Protecting Your Tax Strategies After Textron and The New Proposed Tax Form”. This two-hour event is scheduled on February 2, 2010 at 12:00 PM - 2:00 PM ET.

The surprising United States First Circuit Court of Appeals en banc opinion in Textron (U.S. v. Textron, Inc., No. 07-2631 Aug. 13, 2009) - which may go to the Supreme Court - has tax executives and their advisors wondering how they can keep their most sensitive tax analyses from disclosure to tax authorities (http://www.journalofaccountancy.com/Web/20092045.html). The IRS is stating publicly that its policy of voluntary restraint in seeking taxpayers' accrual work papers is under review; and while IRS maintains this policy of voluntary restraint, other tax authorities - foreign, state and local - may not. During this 2-hour Live webcast, they will provide a substantive discussion on this issue and answer questions on the evolving rules and practices that you need to know to protect your strategies from discovery in a tax dispute, including:

· An overview of tax position documentation required, including ASC Policy 740 (formerly known as "FIN 48")
· An in-depth analysis of what may - and may not - be tax accrual work papers
· A consideration of potential privileges applicable to this information
· An update on the litigation in the area, including the status of possible Supreme Court review of Textron
· Live interactive Q&A session

Attending this course will give you tools necessary to understand the risks to your sensitive tax analyses and how they may be protected.

Speakers/Faculty Panel

Scott Balestrier, Tax Managing Partner, BDO Seidman, LLP

Phillip A. Pillar, Shareholder, Greenberg Traurig, LLP

For updated list of the faculty panel, please visit:
http://www.knowledgecongress.org/event_2009_tax_strategies.html

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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