In the midst of a rapidly changing US market, many companies are assessing how to monetize losses, considering raising or restructuring debt, or planning for a divestiture or acquisition of under performing assets. That’s why it’s more important than ever for organizations to have timely tax planning to capture value and manage risks.

With the US Presidential election less than two months away, now is the time for tax executives to understand the candidates’ tax plans and policies to ensure they are ready no matter the election results.

In an increasingly complex environment, tax departments are under pressure to reduce operating costs and generate cash. Deloitte Tax’s Rochelle Kleczynski and Emily VanVleet highlight some of the tax-planning opportunities, operating model changes, and ways to create value by aligning with overall initiatives of the business.

Deloitte’s Jon Traub takes a look at the Senate Republicans' recently released Phase 4 COVID relief legislation. He also discusses what House Democrats will be looking for during negotiations, and the chances of the parties going with a short-term package instead.

As companies look to recover in the era of COVID-19, it’s important to understand what additional tax legislation might be coming as part of a phase four relief bill. In this episode, Jon Traub discusses what Senate Republicans, House Democrats, and the White House are looking for in the bill, as well as the process to get to a final relief package that all groups can agree on.

As businesses look to recover, it’s critical to understand what’s happening in Washington, D.C. From the CARES Act to clarifications and changes to already passed regulations to a potential phase 4 bill on the horizon, understanding the legislative landscape remains crucial for tax departments. In this latest episode, Jon Traub provides updates on legislation passed to date, as well as what might be coming next as Congress and the White House consider a phase 4 bill.

Even before the COVID-19 pandemic, tax leaders were already facing numerous pressures, including budget and resource constraints, while figuring out how to invest in technology. The current climate hasn’t made it any easier. In this latest episode, Deloitte Tax partner Terri LaRae offers key business insights on how tax leaders can tackle these challenges efficiently and transform their operations with a phased approach.

With the recently enacted CARES Act allowing taxpayers to tap into cash refunds all the way back to 2013, companies are seeing a lot of opportunities to monetize losses. While that sounds simple, the decision-making and planning process surrounding it is a bit more complex. In this episode, Deloitte’s Steve Harrison and Ken Gerstel explain the nuances of the revised net operating loss (NOL) rules and how executives should be thinking about this tax relief benefit.

Given the current economic climate, many companies have been in a rush for cash, leading to an upward increase in credit borrowing and corporate debt. In this latest episode, Deloitte’s Steve Harrison and Ken Gerstel explain the significance of debt modifications and their implications on corporate debt restructuring.

What is structural planning? How can it benefit a company in today’s environment? In our latest episode, Sarah Murray discusses the importance of aligning business operations during the current environment and how, when done correctly and with the right technology, it may help alleviate some real pain points for businesses.