RSM explains how the One Big Beautiful Bill Act expands exclusions for small business stock (QSBS) and the implications for businesses and investors.
RSM explains how the Big Beautiful Bill made permanent the 20% deduction for qualified business income and what it means for pass-through entities.
RSM explains 5 ways in which the Big Beautiful Bill can help middle market businesses save on taxes. Learn more.
How business and professional services companies could be affected by tax changes in 2025 under the Trump administration—and how they can prepare.
Tax changes are coming in 2025 under the new Trump administration and unified Republican Congress. Here's businesses can prepare.
How businesses and individuals can prepare for a transformative tax policy event in 2025 that will be shaped by 2024 election outcomes.
Evaluate your individual income tax plan for effects of TCJA provisions expiring in 2026.
Second Employee Retention Credit Voluntary Disclosure program and other ERC updates.
Partnerships in tax year 2023 face new reporting requirements, detailed information demands and a sharp increase in the IRS' enforcement efforts.
IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect.
The evolving retirement plan landscape opens opportunities for companies to review employee compensation packages and consider changes to their plans.
Tax legislation packaging the child tax credit and favorable business tax provisions moves to the Senate with momentum but an uncertain fate.
Section 174 expensing, a return to EBITDA for section 163(j), an extension of 100% bonus depreciation and disaster relief paid for by ending Employee Retention Credits (ERC)
IRS provides VD Program for employers to return ERC refunds and avoid penalties and interest. Employers must apply by March 22, 2024.
New IRS notice 1099-K for small vendors will be subject to existing requirements for TY 2023, followed by a phased-in approach.