Navigating ASU 2023-09 disclosure changes under ASC 740 is complex. While most private entities have a year to comply with the additional disclosure requirements, public business entities must implement the necessary changes for 2025.

Join us for our upcoming webcast, ASU 2023-09: New Income Tax Disclosure Requirements. This session will cover the new ASC 740 income tax disclosure guidance and key considerations for business entities beginning after December 15, 2024.

Key topics include:

• Key provisions applicable to public business entities
• Disclosure requirements for non-public business entities
• Key takeaways from implementations to date

Mayumi Klempel, Tax Senior Manager, Baker Tilly

Mayumi has practice public accounting since 2014, specializing in providing comprehensive tax services to a diverse range of clients, particularly within the financial institutions and consumer specialty finance sectors. She has honed her expertise in tax provisions and disclosures, tax accounting methods, and tax research, catering to both privately held companies and SEC issuers. Her in-depth knowledge of tax and accounting topics for C corporations enables her to deliver tailored solutions that meet the unique needs of her clients, ensuring compliance and optimizing financial performance.

Dave Antoni, Managing Director, National Tax, Baker Tilly

Dave has worked in professional tax accounting since 1986, serving domestic and multinational companies. Dave’s areas of industry focus include life sciences, food and beverage, cooperatives, consumer and industrial markets, retail, technology, and insurance. Prior to joining Moss Adams, Dave worked for 37 years with a Big Four firm.

Tim Rinehart, Tax Principal, Baker Tilly

Tim has practiced accounting since 2004. He has served clients in diverse industries such as technology, biotechnology, retail, timber, manufacturing, and cryptocurrency. Tim's primary expertise includes ASC 740 income tax accounting matters and tax operations outsourcing, IRS tax controversy, accounting methods, IPO solution planning, tax structuring, R&D credits, and fixed asset or stock basis planning.