IRS releases 2024 retirement plan limitationsBy RSM US LLP | November 3, 2023Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.Read more...
U.S. charitable donations fell last yearBy RSM US LLP | August 1, 2023Donations to charity fell to $499 billion last year, a 3.4% decrease from 2021.Read more...
IRS makes statements on CARES Act Employee Retention Tax Credit risksBy RSM US LLP | October 31, 2022On Oct. 19, 2022 the IRS issued a news release warning employers to be wary of third parties who have ramped up campaigns to try and get employers to claim the CARES Act Employee Retention Tax Credit (ERTC) when they may not actually qualify.Read more...
Strategies for streamlining the grant management processBy RSM US LLP | August 15, 2021Careful grant management planning can help organizations reduce paperwork, save time, ensure compliance and lead to increased grant awards.Read more...
Guidance issued for employers claiming the Employee Retention CreditBy RSM US LLP | March 2, 2021Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.Read more...
Employee retention tax credit significantly expanded for 2021By RSM US LLP | January 12, 2021The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.Read more...