Midyear Conference to feature Treasury Secretary Snow, IRS Commissioner Everson, and MTC's Huddleston: tax reform, financial reporting, and technical tax issues highlight program.

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Treasury Secretary John W. Snow will be one of the keynote speakers during TEI's 56th Midyear Conference to be held March 26-29 at the Grand Hyatt Hotel in Washington, D.C. This will be the third time in four years that the Secretary has participated in the conference. (The only exception was two years ago when Deputy Secretary Samuel Bodman spoke.) In announcing Mr. Snow's participation, TEI President Michael P. Boyle said that, given the Administration's ambitious tax agenda, it is not surprising that the Secretary of the Treasury will be at TEI's conference. "The conference will attract a veritable who's who of corporate tax executives and thus will provide the Administration with access to key business leaders. We are obviously pleased that Secretary Snow will again join us to discuss current legislative and regulatory issues."

IRS Commissioner Mark W. Everson will also participate in the conference, delivering the Monday luncheon speaker. A third keynoter speaker will be Joe B. Huddleston, formerly Tennessee's Revenue Commissioner, who will be making his first presentation to a TEI conference since becoming Executive Director of the Multistate Tax Commission. (Mr. Huddleston's speech will dovetail with a session on the MTC's and Federation of Tax Administrators' recent audit initiatives.)

TEI's three-day program will also feature a legislative update panel, focusing both on prospects for federal tax reform and on the tax proposals contained in the President's 2006 State of the Union Message.

In light of the continuing importance of financial reporting topics to tax executives, there will be a session on preventing material weaknesses in their tax department internal controls and managing the relationship with financial auditors. Other sessions will address tax accounting developments; FAS 109 issues at the...