TPC Tax Insights

Are you currently investing, considering investing, or is your company investing in Cryptocurrency or Bitcoin? Is having Cryptocurrency on your balance sheet a good idea? How is the IRS taxing this fairly new currency product and how will they treat it in the future?

In this Episode of TPC Tax Insights, TPC Managing Director Sonali Fournier teams up with Natalia Operti, Partner at RLVT, TPC’s Italian affiliate partner, to share insights about the tax treatment of digital currencies in the U.S. and other countries. This is a super interesting discussion – don’t miss it!

Associate Producer and Editor: Anthony Bielby

Estimation is a routine part of any UP audit conducted by a Holder’s state of domicile, but it’s critical to ensure that the methods for arriving at the estimation are fair and unbiased. In order to get a better understanding of how estimations work, and what to be on the lookout for, host Kristin Mauer chatted with Tom Ross, Senior Manager and Quantitative Analyst in our Unclaimed Property group. His analytic reviews of auditors’ liability assessment methods have supported corrections and refinements in those methods, resulting in material reductions of Holders’ UP liability exposure, resulting in millions of dollars of savings to holders. Tom is also a super interesting and fun guy to talk to, so listen now!

Associate Producer and Editor: Anthony Bielby

Are you considering a career shift? If so, this episode is for you. Victor Polanco, Managing Director in TPC’s Chicago office, helped build our firm from the ground up. After spending many years in industry, he felt the need to make a career pivot and joined the management team of a professional services start-up. Utilizing his entrepreneurial DNA (both of his parents were entrepreneurs), a strong suite of corporate management skills and the desire to build something bigger than himself, he helped lay the foundation and grow TPC to nine offices and 200 people nationwide. And he’s not even an accountant!

In this episode Victor advises listeners to 1. Define your destination, 2. Create psychological space/distance and 3. Be who you say you are, in order to achieve career fulfillment.

Associate Producer and Editor: Anthony Bielby

U.S. Multinationals Listen Up! We are honored to welcome Eric Ryan to the TPC Tax Insights podcast. Eric is a tax attorney, professor and the former Head of Tax at Apple Computer. He joins host Kristin Mauer to discuss international tax structuring, like Apple’s famous “double irish,” and to break down the changes proposed by the Biden Administration. What tax planning opportunities can companies take advantage of in the near future and can we expect to see more countries adopt the Digital Service Tax? If you have operations outside of the U.S. you don’t want to miss this episode!

Associate Producer and Editor: Anthony Bielby

It’s never good to hear “pencils down on all deals!” But that’s what Mike heard in March 2020 from our private equity clients, as they navigated a never-before experienced threat to M&A transactions. The pandemic shook the world, businesses and halted the deal market and transaction activity. 2020 left buyers wondering how they would accomplish acquisition and expansion plans. Could they continue to grow through acquisition? What are the tax considerations for companies buying and selling?

TPC’s Mike DeRose, Senior Manager in our Transaction Services group, joins our podcast to share how transactions were affected by COVID, how the deal market is rebounding, and what he expects to see this year and next. Pick those pencils back up – you don’t want to miss anything in this episode!

Associate Producer and Editor: Anthony Bielby

What types of companies are at risk for an unclaimed property audit? How can companies reduce their risk? And what is the deal with Delaware?

Jim Sadik, Managing Director in TPC’s Unclaimed Property practice answers these questions and more in this episode of TPC Tax Insights hosted by Kristin Mauer.

Associate Producer and Editor: Anthony Bielby

What types of companies are at risk for an unclaimed property audit? How can companies reduce their risk? And what is the deal with Delaware? Jim Sadik, Managing Director in TPC’s Unclaimed Property practice answers these questions and more in this episode of TPC Tax Insights.

Is your tax department optimized?

The need for tax departments to move from independent compliance hubs to strategic, optimized business partners is becoming essential. In this episode host Kristin Mauer chats with Regional Managing Director John Bennecke as he advises tax departments to pause and assess their department structure around People, Process and Technology.

Don’t know where to begin? Take our Tax Maturity Self Assessment. 

Associate Producer and Editor: Anthony Bielby

Tax professionals were challenged by talent shortages and TCJA even before COVID drove them out of the office. Now, remote work has required process changes and increased the need for technology solutions in order to successfully meet deadlines and keep information secure. Lauren Ansley, Director in our Atlanta office and Jen Crawford, Director in our Tampa office, share advice for tax departments of all sizes and stages of maturity related to:

Identifying your areas of highest risk

Correctly and successfully scaling solutions to address those areas, and

The need for documentation and communication throughout the organization.

Don’t feel overwhelmed – both Lauren and Jen advise to “start small” and “make continued improvements over time.” Sounds like great advice…

Associate Producer and Editor: Anthony Bielby

According to Eric Grasso and Kristin Mauer, remote work is here to stay for three reasons: 1. A larger talent pool to pull from, 2. Flexibility for employees and 3. Cost Savings to employers. Listen to this episode focused on how the pandemic has changed the tax professional recruiting market as well as how tax teams are getting important work done – outside of the office. Subscribe wherever you listen to podcasts.

Associate Producer and Editor: Anthony Bielby