Tax Break

Treasury Secretary Timothy Geithner speaks with other Cabinet members at the State of the Union address, January 24, 2012. REUTERS/Jason Reed

Some events in the week ahead:

Tuesday, February 14

It’s not likely to be romantic, but the Senate Budget Committee is holding a hearing on President Barack Obama’s proposed budget for fiscal 2013 on Valentine’s Day.

Witnesses are Jeffrey Zients, acting director of the Office of Management and Budget and Treasury Secretary Timothy Geithner

Wednesday, February 15

* Zients will be back on Capitol Hill, this time in the Cannon House Office Building, answering questions from the House Budget Committee also on the president’s proposed budget.

* In New York, James Doty, chairman of the Public Company Accounting Oversight Board, will speak at the Practicing Law Institute’s corporate governance conference.

* Comment letters are due on the Financial Accounting Standards Board’s proposal on real estate investment properties, on investment company disclosures, and on principal versus agent analysis in consolidation.

* The Tax Council Policy Institute will sponsor a two-day symposium, “The New Realities of Tax Risk Management: Navigating Risk in a Complex World,” featuring IRS Commissioner Douglas Shulman as keynote speaker in Washington.

Thursday, February 16

Now it’s Treasury Secretary Geithner’s turn to talk about the president’s budget proposal before the House Budget Committee.

Thursday, February 16 – Friday, February 17

The Association of Government Accountants National Leadership Conference in Washington.

Thursday, February 16 – Saturday, February 18

American Bar Association Tax Section midyear meeting in San Diego, California.