Watch this on-demand webinar for a two-part virtual discussion with Baker Tilly’s accounting and tax professionals addressing recently issued or pending U.S. GAAP and statutory accounting guidance that will impact insurance companies, followed by a discussion on tax and developments for insurers.
Learning objectives:
Part one: U.S. GAAP and Statutory accounting update
- Identifying issued U.S. GAAP and statutory accounting guidance that may have an impact on insurance industry companies
- Evaluating pending U.S. GAAP and statutory accounting guidance that may have an impact on insurance industry companies
- Understanding the basics of the new guidance and how it may impact your company
Part two: Federal Tax update
- Evaluating tax legislation updates in 2021
- Consideration of legislative changes on insurance companies
- Reviewing updates on IRS discount factors for 2021 and net operating loss provisions