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2024 Tax Institute Tackles Key Industry Changes and Challenges

1/8/2025

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Story summary
  • Forvis Mazars sponsored the 2024 Bank & Capital Markets Tax Institute in Orlando, addressing industry trends and tax policy changes after the elections.
  • Key discussions included possible extensions of TCJA provisions and new IRS regulations on bad debt accounting.
  • M&A talks centered on unrealized losses and their tax implications.
  • New income tax disclosure standards will take effect from 2024 to 2026.
  • The repeal of the Chevron rule could greatly influence state tax interpretations and planning strategies.