Insights by Author: RSM US LLP

The Future of the SALT Cap: Ways You Can Prepare Now for Potential Scenarios

October 16, 2024

The SALT deduction’s future is uncertain ahead of its scheduled sunset at the end of 2025. Here’s how taxpayers can prepare for potential outcomes.

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California Suspends NOLs and Caps Credit Usage for Three Years

July 2, 2024

California’s FY25 budget includes billions from limiting net operating losses and tax credits, as well as the reversal of the Microsoft decision.

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IRS Releases 2024 Retirement Plan Limitations

November 6, 2023

Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.

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Revenue Recognition for Franchisors

September 15, 2023

In 2014, the FASB issued new revenue recognition guidance that replaces most pre-existing revenue recognition guidance, including industry-specific guidance, in U.S. GAAP.

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What does SECURE 2.0 mean for small employers?

March 20, 2023

SECURE 2.0 changes retirement plan rules for small employers with 100 or fewer employees.

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10 smart moves for real estate investors and operators at year’s end

November 17, 2022

As we close the books on 2022, RSM’s real estate senior analyst Scott Helberg shares 10 important year-end resolutions for real estate investors to consider

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Fed Raises Its Policy Rate by 75 Basis Points as It Prepares to Slow Pace of Hikes

November 2, 2022

The Federal Reserve increased its policy rate by 75 basis points on Wednesday to a range between 3.75% and 4% as it hinted at slowing the pace of its hikes.

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What Is an S-Corp Election?

October 27, 2022

Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an S-Corp tax election and how it may benefit you and your business.

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IRS Grants Failure to File Penalty Relief for 2019 and 2020 Returns

August 30, 2022

Executive Summary The IRS released Notice 2022-36 providing relief for certain taxpayers from certain failure to…

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The Price of War: Risks Around the Inflation Outlook

May 10, 2022

While we expect the annual inflation rate to peak this quarter as comparisons to the lower…

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What is Acumatica?

Nearly everyone has their head in the cloud these days—and for a good reason. Cloud-based ERP ...
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IRS Issued Final Guidance on 199A Deduction for Pass-Through Entities

Forecasting, Finance, Calculator, Budget, Home Finances, Coffee, In a highly-anticipated release, the IRS provided a final ...
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Team Member Spotlight

Congratulations to Joanie Hardy and Linda Laramee on their recent promotions to the management team! Joanie ...
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Tracey Solomon Joins Partner Group

BPW is happy to announce the continued growth of the firm by welcoming Tracey Solomon to ...
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CA Implements Wayfair Sales Tax Decision

Another important deadline will make an entrance in April next year. Effective April 1, 2019, the ...
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70+ Acts of Kindness in 2018

As 2018 comes to a close, and we look back on this past year celebrating our ...
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Top 7 Last-Minute Tax Strategies

There’s still time left in the year to make some last-minute tax moves. If you are ...
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Year-End Tax Update for Businesses

As we look at taxes through a new lens this year, the Tax Cuts and Jobs ...
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Year-End Tax Planning for Individuals

The Tax Cuts and Jobs Act introduced over 130 new provisions affecting both individuals and businesses ...
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Eileen Sheridan & Jacob Sheffield Named Who’s Who in Professional Services

Congratulations to Managing Partner Eileen Sheridan and Partner Jacob Sheffield on being named two of the ...
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Cost Segregation Now More Important in New Tax Reform Landscape

With changes to bonus depreciation in the Tax Cuts and Jobs Act (the Act), cost segregation ...
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Team Member Spotlight

Congratulations to our team members on their recent accomplishments! Andreas Nitsche was inducted into this year's ...
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