HomeWith the upcoming expiration of many TCJA provisions, expectations are high that a corporate tax rate change is just one area that may be impacted soon. At PowerPlan, we’re here to make the end-to-end analysis and transition seamless with our suite of income tax solutions and experts.
This Tax Reform Resource page serves as a focal point for finance professionals in asset-intensive organizations to prepare for the coming changes. We’ll provide the latest on what we know about changes to come and how you can prepare and plan for various scenarios.
Blog: Strategies for Tax Reform Readiness
May 7, 2025
With the enactment of the Tax Cuts and Jobs Act (TCJA) in 2017, we learned that there are many complexities involved in navigating a corporate tax rate change—especially since the 2017 changes came after more than 30 years of stability. As the political appetite for new tax legislation grows, the process for navigating change is certainly more familiar, yet not without continued complexity. Today’s tax reform requires utilities to understand the implications of another rate change or other reform initiatives on the business and the extensive preparations required to manage those initiatives effectively.
Blog: Tax Reform Today and Tomorrow: Preparing for Change
April 28, 2025
Congress is back in session today, and tax reform is on the agenda! With potential tax changes coming as soon as Memorial Day, utilities should be prepared for any outcome. Lee Watkins, Chief Strategy Officer, PowerPlan, kicks off her blog series with a lay of the land on current legislation, and reviews the tax organization’s critical role in the face of uncertainty.
Webinar Slides: Preparing for Accounting Standard Changes: ETR Reporting ASU 2023-09
February 20, 2025
Following a recently released Accounting Standards Update (ASU), companies are preparing for requirements to disaggregate income tax disclosures. PowerPlan and EY held a roundtable discussion on how leading companies are implementing the new standards—from analysis to business process changes. View the slides from our discussion.
Webinar Recording: Tax in Transition: Preparing Now for Changes on the Horizon
October 29, 2024
Hear from tax experts with Deloitte and PowerPlan to learn the latest on what we know about changes to come and how you can prepare and plan for various scenarios.
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If you have questions about addressing the changes in Tax Fixed Assets or PowerTax, or want to schedule a conversation about how PowerPlan’s solutions can help ensure you’re ready for whatever happens in D.C., email us at taxreform@powerplan.com