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.

Read this Insight...

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.

Read this Insight...

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.

Read this Insight...

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.

Read this Insight...

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.

Read this Insight...

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.

Read this Insight...

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…

Read this Insight...

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…

Read this Insight...

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.

Read this Insight...

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.

Read this Insight...

Obtaining the Medical Care You Deserve

What happens when your insurance company rejects the procedures you need? There are options available to ...
Read this insight

The Power of Integration

Myth: Accounting systems are for the accountants and CRM is for the sales people. Isn't that ...
Read this insight

2011 Year-End Tax Planning for Businesses

While some businesses may still be sorting through all the legislative changes from 2010, it is ...
Read this insight

Generating Interest with Intrafamily Loans

Lending money to family members may be personal, but it pays to treat loans like business. ...
Read this insight

Bartlett, Pringle & Wolf, LLP Named One of the 2010 Best Accounting Firms to Work for

Bartlett, Pringle & Wolf, LLP (BPW) was named as one of the 2010 Best Accounting Firms ...
Read this insight