The Future of the SALT Cap: Ways You Can Prepare Now for Potential Scenarios
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
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
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
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?
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?
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
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
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
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
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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Estate Planning for High-Net-Worth Individuals
The Future of Global Minimum Tax and Multinational Corporations
How to Claim the Employee Retention Tax Credit
Child Tax Credit Advances Start July 15
Are You Ready To Retire Early?
Accounting Tips to Benefit Your E-Commerce Business
A New Frontier in Cryptocurrencies: What are NFTs?
The Future of Commercial Real Estate
Consider Outsourcing Your Bookkeeping
Proposed Tax Increases on the Horizon
DOL Withdraws Independent Contractor Rule
