Description: This article reports on the unveiling of a revitalized 'brand' for actuaries revealed at the recent SOA Annual Meeting including the speech by past president Bob Beuerlein and other activities throughout the meeting. The new tagline 'Risk is Opportunity' was introduced and embraced by the members.

Description: Full version of Small Talk Newsletter, June 2005, Issue No. 24.

Description: The article deals with the critique of a technical advice memorandum issued by the IRS. It basically states the author's opinion that, although the conclusion was correct, the reasoning given was inappropriate.

Description: Discussion of the establishment of deferred tax assets or liabilities under Statutory codification

Description: This article details the IRS' Revenue Ruling 2005-6. This ruling provides formal guidance on how to treat family term riders for purposes of the computational limit calculations in Internal Revenue Code IRC sections 7702 and 7702A i.e., calculations of net single premiums, guideline single premiums, guideline level premiums and 7-pay premiums. From Small Talk Newsletter, June 2005, Issue No. 24.

Description: Three tax-related articles of interest to those associated with smaller insurance companies.

Description: This article provides the reader with some insights regarding tax planning under the new required methodology.

Description: A discussion of the theoretical basis of deferred income tax accounting (accounting for actuaries), an overview of the current statutory accounting rules governing income tax accounting under SSAP 101, and some examples of the effects of SSAP 101’s admissibility test on regulatory capital.

Description: A comprehensive look at Actuarial Guideline 43 VA CARVM. This article examines the statutory and tax implications of AG 43 for the determination of reserves for annuity writers.

Description: Actuary/accountant/tax attorney dialogue on recent guidance issued regarding treatment of deficiency reserves with respect to the “statutory reserves cap” of Internal Revenue Code section 807(d)(1).