Listen "TRPs After Tax Reform #021"
Episode Synopsis
Two of the AICPA's technical resource panels (TRP)—Tax Methods & Periods and Exempt Organizations—are hard at work after the Tax Cuts and Jobs Act (TCJA). Learn what they're up to with guest Ogo Eke-Okoro, AICPA lead manager and staff liaison to the TRPs. We cover: Definition of an accounting method and period @ 0:45 What's an AICPA TRP? @ 4:26 Projects the Tax Methods & Periods TRP is working on now and in the future @ 6:35 Request for technical corrections on qualified improvement property @7:43 Guidance on accounting method changes @ 9:49 Areas the Exempt Organizations TRP is working on under the new tax law @ 17:02 Next steps and timing for the TRPs @ 20:46 What the TRPs working on outside of tax reform-related topics @ 23:12 BIO FOR GUEST Ogo Eke-Okoro is a lead manager for the American Institute of CPA's (AICPA) Tax Policy & Advocacy Team. In this role, she manages the Exempt Organizations and Tax Methods & Periods TRPs and related task forces. She is also responsible for the development, review and submission of comments to Congress, the Department of Treasury and the Internal Revenue Service and policy recommendations. Connect with Ogo on LinkedIn ADDITIONAL RESOURCES IRS Publication 538: Accounting Periods and Methods AICPA Tax Methods & Periods Technical Resource Panel AICPA Exempt Organizations Technical Resource Panel
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