The One Big Beautiful Awards Show

In this fast-paced, movie-themed episode we turn OBBB’s fine print into a red-carpet awards show—where KPMG Partners Matt Drucker from the Department of Professional Practice and Ashby Corum from Washington National Tax select the provisions most likely to impact cash taxes and month end close.

Who gets the award for the provision most likely to move cash taxes right now? Or the award for the rule that seems like one thing until you take a second look?

Tune in to find out!

Podcast contents

• 00:00 – Introduction
• 02:35 – The OB3 movie review
• 04:50 – Provisions impacting cash taxes
• 14:50 – Provisions affecting effective tax rate forecasts
• 18:30 – Provisions with unexpected reveals
• 24:45 – Provisions forcing changes to financial modeling
• 28:45 - Post-credits scene: disclosure considerations

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