Details of President Biden’s proposals for prioritizing clean energy and its potential effect on the consumer products industry
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending June 30, 2021.
Nebraska broadly exempts manufacturing inputs used by ethyl alcohol producers from the sales and use tax effective Oct. 1, 2021.
Trio of tax bills impact individual and business filers with significant corporate income tax changes scheduled for 2022.
Three years after the Wayfair decision, economic sales tax nexus has become the norm, but unanswered questions and numerous issues remain.
Nebraska enacts corporate income tax rate reductions over the next two years while promising more reductions in subsequent measures.
Administration issues Presidential priorities and pay-fors. Corporations and wealthy individuals face prospect of increasing tax rates.
IRS provides guidance on dependent care assistance program enhancements made due to COVID-19-related legislation.
Tax-deferral techniques—possibly spurred by a potential increase to capital gains rates—must be scrutinized, as evidenced by this IRS memo
IRS safe harbor for fiscal year taxpayers on accounting period in which to deduct PPP expenses provides choices and certainty.
President Biden’s proposed changes to corporate and international taxes face Congressional obstacles. RSM examines what’s ahead.
We anticipate the relative stability and moderate growth that characterized the decade long recovery from the Great Recession.
PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications.
Managing significant tax changes will ensure individuals and businesses are positioned for success for the remainder of 2021 and beyond.
$1.9 trillion COVID-19 relief plan with broad individual relief and new coronavirus-related funding enacted into law.
The American Rescue Plan Act will provide a robust tailwind to the domestic economy as it recovers from the pandemic.