5 Considerations to Streamline Your Tax Provision Year-End Close While Also Planning for Possible Tax Law Changes
It’s December. If you’re behind with the year-end close process or are concerned about accounting for potential last-minute federal tax changes, these considerations — many of which can be addressed now — may help.
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1. Fine-tune technologies and processes |
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2. Capture year-to-date discrete impacts |
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3. Be ready for possible late December tax law enactment in the U.S. |
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4. Ensure documentation around key judgments is robust and complete |
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5. Schedule and conduct effective planning meetings |
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