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State and local tax year-end considerations in 2023

State and local tax year-end considerations in 2023

RSM's state and local tax year-end planning guide contains actions and ideas taxpayers should be thinking about.
What to do if you filed an employee retention credit claim with the IRS

What to do if you filed an employee retention credit claim with the IRS

ERC submissions are under scrutiny by the IRS due to a surge in questionable claims. Are you confident your claim meets the eligibility requirements and can stand up to a potential audit?
Estate planning after the sale of a business interest

Estate planning after the sale of a business interest

This article discusses estate planning and tax considerations after the sale of a business interest or other liquidity event, including common strategies to reduce estate tax and meet charitable giving goals.
Tax complexities don’t have to offset the benefits of open-end real estate funds

Tax complexities don’t have to offset the benefits of open-end real estate funds

Explaining the tax complexities associated with open-end real estate funds and how advanced digital applications can handle them.
Required minimum distributions after SECURE 2.0

Required minimum distributions after SECURE 2.0

SECURE 2.0 changes the rules governing how and when certain retirement savers can withdraw money from their retirement accounts and IRAs.
IRS makes statements on CARES Act Employee Retention Tax Credit risks

IRS makes statements on CARES Act Employee Retention Tax Credit risks

On 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.
Distressed acquisitions & credit bidding debt: an M&A tax perspective

Distressed acquisitions & credit bidding debt: an M&A tax perspective

Tax considerations for buyers and sellers of distressed companies under section 363 of the Bankruptcy Code.
Inflation Reduction Act: What $80 billion in IRS funding means for taxpayers

Inflation Reduction Act: What $80 billion in IRS funding means for taxpayers

The Inflation Reduction Act of 2022 provides significant funding for the IRS over the next 10 years. The IRS is expected to use over half the funds for enforcement. Taxpayers can also expect to see an increase in taxpayer services.