Paul Johnson

America has voted, ushering in a new government as Republicans lay claim to the presidency and majorities in both houses of Congress. Forvis Mazars US’ Washington National Tax Office is keeping a close eye on all things tax. Important #tax implications and planning considerations are outlined here: https://lnkd.in/ejJmbKMu

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DFW’s new managing partner, Chris Clark, discusses the launch of the Forvis Mazars global network in an article for D CEO Magazine. Chris outlines how the unique global network allows the firm to better serve clients locally and internationally. He also outlines the growth and impact of the DFW practice unit for the North Texas region. Read the article to see the full conversation. https://bit.ly/4cA1uK4

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Secure your spot now for this Quarterly Perspectives webinar from Forvis Mazars and discover developments from FASB, AICPA, SEC, and PCAOB, as well as what your organization needs to know. Register today. https://bit.ly/3VMS74d

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Read new #KPMGTax article explaining recent Mexican tax reforms and why businesses may need to reconsider the structure of Mexican manufacturing operations. #KPMGWNT https://bit.ly/3NN0GY5

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🌍 CEOs Emphasize ESG Initiatives in Business Strategies 🌍 Sustainability is a business imperative. KPMG US CEO Paul Knopp highlights how CEOs are integrating #ESG measures to enhance operational efficiency and build loyalty among customers and employees. Discover how leading #CEOs are making sustainability a cornerstone of their strategies: https://lnkd.in/eP9JWPQR. #KPMGStrategy #ESG #Sustainability #BusinessLeadership

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Check out the next in our webinar series this Thursday where we co-present with AuditBoard. Details below.

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With the results of the election now in, investors and firm managers are looking ahead to the policies of a second Trump administration and a changed Congress. Join RSM US LLP Chief Economist Joseph Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the economic outlook for this new landscape and what #middlemarket companies should anticipate: https://lnkd.in/gjp8ysY3

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In today's fast-paced business environment, CRM systems are more critical than ever. Forvis Mazars provides considerations and insights for when your organization upgrades or transitions its CRM: https://bit.ly/3yIxY6q

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With Election Day days away, October regulatory actions include laying out policy plans, issuing enforcement actions, and pushing forward on select rulemaking, from SEC 2025 examination priorities to CFPB 1033 Open Banking. For a recap and insightful projections, see the KPMG Regulatory Insight. #KPMG #Regulatory https://bit.ly/3NZlagk

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Today marked the start of the LEA 2024 conference in Dallas, where I had the privilege of being surrounded by remarkable colleagues and industry thought leaders. This year’s conference theme centers around reimagining our approach in an ever-changing accounting landscape. Here are my key takeaways: - Client/Personnel Experience: As the industry climate evolves, managing both the client and personnel experiences becomes increasingly crucial. - Collaboration Matters: Understanding the significance of collaborating with diverse individuals, each bringing unique business perspectives, is essential for organizational growth. - Strategic Alliances: Aligning with other firms isn’t just good business sense; it also protects our independence. Looking forward to Day 2! #LEAglobal #AccountingTrends #ItsMoreThanJustNumbers

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Deloitte's latest M&A study explores the influence of #ESG factors across the M&A landscape to discover the ways in which dealmakers are striving for ESG consistency across the M&A lifecycle, from strategy to deal execution to PMI. 🌎 500 global M&A leaders across North America, Europe, the Middle East, and Asia-Pacific were surveyed to learn more about the influence of ESG on M&A activity. 🔎 The report revealed almost 75% of business leaders are evaluating portfolios or investments from an ESG perspective when acquiring or searching for targets. 🔎 🔎 Additionally, a staggering 72% of organizations revealed they abandoned an acquisition because of concerns about the target’s #ESG performance. Read the full survey now:  https://lnkd.in/guB38Tu5

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President Trump’s second term marks a significant shift in the political landscape that could have considerable implications for the health industry. Check out PwC's analysis of what the health industry can expect from a second Trump presidency. https://pwc.to/3V4vrM6

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An election year can produce speculation and ‘what if’ scenarios regarding the future of #taxpolicy and how the incoming administration will balance policy with budget reconciliation. My Deloitte colleague, David Sanders, and I recently convened some Houston CFOs to discuss the future of tax policy with our Washington National Tax Policy Leader, Jonathan Traub. You can read about Jon’s take on how the election might shape the future in his recent The Wall Street Journal summary article - 🔗 linked below 🔗 Here are a few highlights from our dialogue: 📌 Addressing potential impacts from the expiration of provisions within the Tax Cuts and Jobs Act of 2017 (𝘵𝘩𝘦 𝘛𝘊𝘑𝘈’𝘴 𝘦𝘹𝘱𝘪𝘳𝘪𝘯𝘨 𝘵𝘢𝘹 𝘳𝘦𝘭𝘪𝘦𝘧 𝘸𝘪𝘭𝘭 𝘤𝘰𝘮𝘦 𝘪𝘯 𝘢𝘵 4.6𝘛) 📌 Will we see lame duck sessions or will we see active legislative sessions where the needle moves on key policies as the new Congress gets underway in January? 📌 Corporate tax rate reduction – will we see it move even lower to 15% from 21%? 📌 R&D Expenditures – will we see immediate deduction of R&D expenses? 📌 SALT deduction – will it be repealed or will we continue to see the $10,000 cap on the deduction for state and local taxes? #taxpolicy #election

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Join me in staying at the forefront of #tax excellence with RSM US LLP’s Tax News and Insights newsletter. Get real-time updates on regulatory changes, strategic planning insights, and targeted tax discussions. Subscribe now for a competitive advantage. https://rsm.buzz/4c8ZGb1

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To navigate an increasingly complex talent environment, middle market companies need to stay ahead of the trends affecting labor and workforce. RSM can help. Learn more: https://lnkd.in/g2RYYVz8

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As a reminder that the digital asset broker reporting rules are still moving forward, the IRS released a draft Form 1099-DA last week. The draft form is based on the proposed regulations and the IRS acknowledges that it may change based on the comments already received and under review. So, not a lot of "news" here but it's a reminder that the IRS expects reporting on transaction starting in 8 months. If you're a broker under the proposed rules (hint: nearly everyone is) you should really be working on your data integrity and tax on-boarding process. https://lnkd.in/dCHqAQ7c

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Some great analysis and interesting projections from my PwC colleagues Adam Gilbert, Vikas Agarwal and Roberto Rodriguez With a Republican Congressional majority and Donald Trump returning to the presidency, the 2024 election will have broad implications for the regulatory and supervisory landscape. Regulatory agencies like the SEC, CFPB and OCC will be able to quickly shift priorities with Trump-appointed leaders emphasizing transparency and reversing Biden-era reforms. Along with increased potential for legislation, the financial services sector is expecting significant deregulation favoring mergers, digital assets, small business capital access and more. This special edition Our Take outlines our expectations across numerous policy areas including supervision, capital and liquidity requirements, consumer protection, digital assets and AI. #regulation #financialservices #policy #deregulation

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