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 3, 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 May 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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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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Congress Open to Considering a Pause on Automated Tax Notices

January 19, 2022

National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.

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Tax Policy Update: How the Build Back Better Act Affects Individuals

December 14, 2021

RSM’s policy and national tax teams give insight on how the Build Back Better Act will affect family offices and higher income individuals.

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Make Your Medical Practice More Healthy

"If you can't measure it, you can't manage it." This well-known quotation can be applied to ...
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What Every Taxpayer Should Know About Identity Theft

We are hearing more and more about cases of identity theft. In the 2011 Identity Fraud ...
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BPW is More Than Just an Accounting Firm

On Tuesday, January 17, 2013 we held our annual Tax Season Kick Off Breakfast to ring ...
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Eileen Sheridan Named to Board of Directors for Music Academy of the West

Santa Barbara, CA – BPW Partner, Eileen Sheridan, was recently elected to the Board of Directors ...
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BPW Takes the Day to Volunteer at Local Nonprofit

Santa Barbara, CA – Bartlett, Pringle & Wolf, LLP (BPW) held its 3rd Annual "BPW Day ...
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Compliance Complexities

Although we have not seen major changes from 2010 on how your 2011 personal income taxes ...
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Bartlett, Pringle & Wolf, LLP Promotes within the Firm

Santa Barbara, CA – Bartlett, Pringle & Wolf, LLP (BPW), Santa Barbara-based accounting and consulting firm, ...
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Tax-Exempt Filing Deadline Extended

The IRS released news that they will be temporarily extending the January and February filing deadlines ...
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BPW Provides a Day of Play to Local Nonprofits

Bartlett, Pringle & Wolf, LLP (BPW) donated 500 tickets to local children-focused nonprofits to attend the ...
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President Obama Signs Form 1099 Repeal

President Obama signed the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act on ...
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CalCPA Presents Bartlett, Pringle & Wolf with Public Service Award

For services to the community, the California Society of CPAs (CalCPA) has presented its 2011 Public ...
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Recent Developments in Private Company Financial Reporting

Over the last six years the topic of private company financial reporting and the need for ...
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