Accounting, tax, and statutory update

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