Case Study
National hotel chain finds value in outsourced fixed assets solution
Experience and focus on details helped a client gain efficiency, improve processes and realize millions in tax savings on fixed assets.
Ideas & Insights
Insight Article
Don’t just control fixed asset management, optimize it
Fixed asset management is an operational and tax requirement that is often overlooked as an area for improvement. What is your opportunity?
Tax Alert
Final section 83 regulations identical to proposed regulations
IRS released final guidance stating that a copy of the section 83(b) election does not need to be filed with taxpayer’s tax returns.
Insight Article
Exorcise your ghost assets: Stop paying unnecessary property tax
Fully-depreciated fixed assets can haunt your property taxes for years. Identify and fully dispense ghost assets to avoid excess taxation.
Tax Alert
IRS expands favorable treatment of employer-provided ID theft services
IRS expands favorable tax treatment provided to ID theft victims to include ID protection services provided to others before data breaches.
Tax Alert
IRS issues final pension suspension regulations
Under certain circumstances, multiemployer plans can suspend benefits, subject to an approved application and a participant vote.
Tax Alert
IRS issues guidance relating to partners as employees
Partnerships that treat partners as W-2 employees may need to reassess their tax positions, including their employee benefit plans.
Insight Article
IRS rules on LLC sponsorship of an ESOP
The IRS issued a private letter ruling indicating that in some cases LLC units can qualify as employer securities for ESOP purposes.
Tax Alert
IRS revises retirement plan determination letter process
IRS ends the five-year remedial amendment cycle for individually designed plans (e.g., ESOPs) and adopts changes for pre-approved plans.
Tax Alert
New DOL conflicted-advice regulation—from a plan sponsor viewpoint
Firms and individuals providing investment advice to an employee plan or an IRA may be investment fiduciaries.
Tax Alert
Proposed regulations on deferred compensation released
New guidance under sections 409A and 457 would require employers to change certain standard practices to avoid adverse tax consequences.
Tax Alert
Relief comes for retirement plans after Hurricane Maria and wildfires
Retirement plans affected by Hurricane Maria and the California wildfires may find regulatory relief provided by federal agencies.
Insight Article
Should you consider an employee stock ownership plan (ESOP)?
RSM provides answers to some of the commonly asked questions regarding employee stock ownership plans (ESOPs).
Tax Alert
California disaster relief includes retirement accounts
The IRS has provided disaster relief, including retirement accounts, to the taxpayers affected by the wildfires in California.
Tax Alert
Exempt organization-specific provisions in the House Bill H.R. 1
The tax reform legislative process was formally kicked off Nov. 2, 2017, with the release of H.R. 1, the Tax Cuts and Jobs Act.
Insight Article
Tax deferral on the sale of stock to employee stock ownership plans
Selling shareholders should review requirements and considerations to determine if they can benefit from tax deferral on a sale to an ESOP.
White Paper
The final tangible property regulations - Part II
The tangible property regulations for acquisition and improvement costs provide opportunities to decrease or increase current year taxable income.
White Paper
The final tangible property regulations - Part I
Taxpayers should consider the opportunities and benefits of applying the final regulations to current tax years.
White Paper
The final tangible property regulations - Part III
The regulations include carried over and new guidance intended to aide in applying the final improvement rules on a facts and circumstances basis.
Insight Article
The IRS issues favorable advice for restaurants under section 263A
Recent IRS advice provides favorable results for restaurants regarding capitalizing costs to ending inventory under section 263A.