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 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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10 smart moves for real estate investors and operators at year’s end
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
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?
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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IRS Introduces the New Form 1099-NEC
When Does a Gift Require a Gift Tax Return, and Gift Tax?
Future-Forward Manufacturing
By the Numbers: The Key Adjustments for 2021
Restructuring Debt as a Business Strategy
Hobby or Business: The IRS Takes a Stand
Year-End Tax Planning for Businesses
Year-End Tax Planning for Individuals
Retirement Plan Options for Self-Employed Business Owners
5 New Updates on Economic Impact Payments
How To Use a CPA as an Expert Witness
