Senator Wyden’s recent ‘discussion draft’ legislation, if enacted, would drastically alter many of the tax rules that apply to partnerships.
The Internal Revenue Service Security Summit discusses the common warning signs of identity theft and unemployment benefits theft.
A discussion on the IRS concern with non-filers and what can be done to mitigate the risk is provided in this article.
Careful grant management planning can help organizations reduce paperwork, save time, ensure compliance and lead to increased grant awards.
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.
In addition to appreciation and income generation, rental real estate can provide many tax benefits. In this video, we will cover some of the more attractive tax strategies for real estate owners.
President Biden’s proposed changes to corporate and international taxes face Congressional obstacles. RSM examines what’s ahead.