RSM and PERE magazine discuss how technology is transforming real estate investors’ abilities to scenario plan and evaluate tax obligations.
RSM and PERE magazine discuss how technology is transforming real estate investors’ abilities to scenario plan and evaluate tax obligations.
After a quiet period set off by the coronavirus pandemic, private equity deal activity in the United States surged through mid-November
With $30 trillion due to be inherited by mission-driven millennials, smart organizations are prioritizing ESG.
The COVID-19 pandemic has increased the risk of noncompliance in an evolving sales and use tax compliance landscape.
Biden plans to expand Medicare, a move that the Congressional Budget Office estimates would cut drug spending by $450 billion over 10 years.
An improved customer claim journey can unlock a competitive advantage for insurers and win new business. Learn how here.
The immediate actions of the Biden administration will most likely be focused on efforts to combat the COVID-19 pandemic.
Now that Democrats’ best-case scenario in the Senate is a 50-50 split, it is safe to expect significant challenges to tax policy changes.
Biden’s victory will inevitably lead to changes at the top of key regulatory agencies, which will help him push his regulatory agenda.
Newly released 2020 NetDiligence Cyber Claims Study emphasizes an ongoing and persistent cybersecurity threat to the middle market.
Middle market consumer loan companies and loan servicers will most likely face a dramatically different regulatory environment.
With Biden’s big-ticket items such as tax changes almost certainly off the table, the focus of banking will shift to regulation.
We expect the Biden administration will bring heightened oversight of anti-competitive behaviors, and the privacy and security of data.
We expect Biden to be more supportive of free trade, even though Biden’s “Buy American” proposal does reflect protectionism.
Based on Biden’s campaign platform, long-term capital gains, currently taxed at 20%, would be taxed at ordinary income rates.
The Q4 MMBI eased modestly to 127.5. Readings on the economy, revenues, net earnings and hiring remained essentially unchanged.
Companies should assess Biden’s pledge to invest $1.7 trillion over the next 10 years toward the goal of achieving 100% clean energy.
The new Democratic White House hopes to usher in an extended period of greater government spending.
Biden will want to strengthen and expand the Affordable Care Act; however, he could face Senate opposition.
It remains to be seen whether the transition to the Biden administration will have a significant impact on the private equity industry.
What happens to the perception of hotel valuation and how does meaningful deal flow? RSM’s article for Hotel Executive explores the answer.
A rebound in U.S. manufacturing sentiment to the pre-trade war levels of summer 2018 implies that the economy is moving toward recovery.
A confluence of trends linked to the pandemic has driven the price of used automobiles up by the quickest monthly gain since 1969.
The Fed remains the only game in town when it comes to providing sustained accommodation to an impaired economy.
A modest improvement. The RSM US Middle Market Business Index improved to 128.0 in September from 124.9 in August.
A recap of presentations, top questions and highlights from virtual sessions held at the 2020 RSM annual tax summit.
Learn practical steps for conducting an internal fraud investigation in the new remote work environment triggered by the COVID-19 pandemic.
A sound compliance program will help protect your company from regulatory enforcement, should your industry become a target by regulators.
To deal with the economic fallout, auto manufacturers and suppliers have been forced to develop resilience and agility in real time.
The COVID economy and virtual transformation may provide the right opportunity to take control of supply chain management.
The political and social landscape in the oil and gas industry is changing, and companies without an ESG strategy will fall behind.
As investors increasingly focus on ESG issues, one important question remains: What is the true purpose of ESG?
Joe Biden’s projected victory implies a possible era of significant changes to address the pandemic, expand domestic health care, and more.
Recent changes by Indian tax authorities on taxing dividend distributions may impact U.S. investors’ repatriation of earnings.
The improvement in economic activity following the gradual reopening of the economy this spring bolstered middle market business sentiment.
Data is key to organization success. Transformation of an organization requires the dots to be connected in order to be successful.
New state governments set to tackle raising revenue through new and increased taxes coupled with tax-related ballot measures.
A message from PGA TOUR professional and Team RSM member Davis Love III, welcoming you (virtually) to the 2020 RSM Classic.
Joe Biden’s tax plan will face challenges from a divided Senate, but there is a potential path to enacting at least some changes.
State tax planning opportunities to consider in light of COVID-19, the resulting economic crisis and evolving tax laws and regulations.
Section 1202 could provide small business investors with a complete exemption of gain realized from the sale of QSB stock.
No clear outcome Tuesday night brought uncertainty, financial market volatility and political risk across the business world.
A message from Team RSM Member, Zach Johnson, resident of Sea Island, GA, home of The RSM Classic, a PGA TOUR event.
RSM examines how leaders can promote diversity in the workplace, wage equality and standards for measuring social impact.
RSM put out a guide to answer questions businesses may have about this new program, based on information from the Federal Reserve.
The Coronavirus Aid, Relief and Economic Security (CARES) Act provides options for small and midsize businesses facing liquidity challenges.
Are you managing your endowment funds under the current rules? See how you match up to these common issues in the application of UPMIFA.
Misconceptions about the federal research and development tax credit leave many companies paying more tax than required.
In this issue, we discuss financial wellness and the benefits to your workforce.
To get the corporate tax technology you covet, you will first need to convince the right people to give you funding. Here’s how to do it.
Smart and effective use of data and analytics helps improve business performance, cut costs, and maximize profits.
Four states have adopted or are considering budgets without significant tax increases even considering pandemic shortfalls.
A federal data privacy standard is likely coming in the next few years, with some variation depending on the 2020 election outcome.
With the election approaching, RSM is looking at the economic stakes and the key issues for capital markets.
With the election approaching, RSM is looking at the economic stakes and the key issues for the TMT industry.
Learn how the U.S. Consolidated Return Unified Loss Rules affect mergers and acquisitions and how taxpayers can benefit from some elections.
Understanding customers, responding to marketplace shifts and leveraging digital can help middle market retailers this holiday season.
For middle market companies, ESG’s growing importance highlights the need to incorporate those practices into their business strategy.
With the election approaching, RSM is looking at the economic stakes and the key issues for the life sciences industry.
Four easy steps to plan ahead to facilitate a faster recovery and minimize the chaos in the event of a ransomware attack.
Given the lack of due diligence executed for each PPP application, it’s likely there will be a number of violations uncovered in the future.
The CARES Act enacted a temporary suspension of the TCJA’s 80% limitation on the use of NOLs, this will impact FTC and ODL calculations.
We suggest stress-testing your supply chain to determine what the actual or opportunity costs of disruption might be.
With the election approaching, RSM is looking at the economic stakes and the key issues for family offices.
With the election approaching, RSM is looking at the economic stakes and the key issues for the banking industry.
The Covid-19 pandemic, economic uncertainty and significant social unrest have brought waves of change not seen in more than a century.
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.
The PCI PIN program outlines the requirements for all organizations that manage or deploy PIN acceptance devices.
Lockdowns ground hospitality real estate deals to a near halt in 2020. RSM discusses these trends and opportunities with Preqin.
With the election approaching, RSM is looking at the economic stakes and the key issues for the consumer products industry.
With the election approaching, RSM is looking at the economic stakes and the key issues for the consumer products industry.
With the election approaching, RSM is looking at the economic stakes and the key issues for the health care industry.
With the election approaching, RSM is looking at the economic stakes and the key issues for the manufacturing industry.
With the election approaching, RSM is looking at the economic stakes and the key issues for the private equity industry.
Environmental regulations and the use of federal lands for drilling activity are among the top issues for the industry.
Lenders in specialty finance face a wave of delinquencies as the pandemic continues to take its toll. How can lenders blunt the impact?
Excise taxes can have a serious financial impact on business, yet many aren’t focused on the potential impacts.
Looming budget shortfalls coupled with tax-related ballot measures in many states could significantly affect 2021.
From law firms to government contractors, what’s impacting business and professional services businesses amid a time of uncertainty?
With the election approaching, RSM is looking at the economic stakes and the key issues for government contracting.
The improvement in economic activity following the gradual reopening of the economy this spring bolstered middle market business sentiment.
You may or may not be surprised to learn that the ERP business is also booming, as companies push their systems to keep up.
For companies that may have dealt with a lab closure because of the pandemic, Scientist.com allows research to continue.
With the election approaching, RSM is looking at the economic stakes and the key issues for various industries.
Comparing Trump and Biden's energy platforms - here’s a closer look at the candidates’ policies and platforms.
GP stakes investments—wherein investors acquire a minority interest in asset managers’ firms—continue to attract interest.
RSM identifies nine frequently asked questions (FAQs) about phantom stock plans, an incentive compensation tool.
Amid the COVID-19 pandemic, life sciences companies, thrust in the spotlight, are positioned for strong growth.
The technology, media and telecom sectors are playing a crucial role in keeping people connected as the pandemic hobbles the global economy.
Consumer products companies can counter COVID-19’s disruption by embracing innovation, digital strategies and multi-channels.
How does enterprise resource planning help food manufacturers? Get six key areas ERP addresses challenges and accelerates business growth.
From price transparency to healthtech investment, health care’s next normal is one of great transformation amid ongoing uncertainty.
CFO Playbook Series, part 7: Boast financial results with intelligent performance and analytics, with KPIs to prioritize effort.
CFO Playbook Series, part 6: How to strengthen your financial controls, master governance, with 7 methods from RSM
CFO Playbook Series, part 5: Add agility to your business by automating financial processes, from ERP to artificial intelligence (AI).
CFO Playbook Series, part 4: Empower your people to help align your finance strategy and achieve the highest levels of success.
CFO Playbook Series, part 3: How to close with quality and flatten the curve process through a risk-based, data-driven approach.
CFO Playbook Series, part 2: Establish your finance foundation – process to perform with confidence with RSM.
CFO Playbook Series, part 1: Inspire an evolution by building and executing your strategic finance vision with RSM.
Forgiving commercial real estate debt brings tax implications: RSM tax professionals are working on solutions.
Netherlands Budget Day 2021: An overview of important corporate and international tax developments to be aware of in country
A business-minded approach: Cybersecurity for family offices begins with awareness of prevalent threats and their own risk profiles.
RSM India covers the complex cross-border tax considerations and reporting requirements applicable to nonresident Indians in this guide.
Key actions companies doing business in the United Kingdom should consider as the UK’s transitional period with the EU comes to an end.
A business did not owe tax on service contract fees, finding the receipts were sourced out-of-state rather than to in-state customers.
Hedge fund managers face a challenging environment as they pursue risk-adjusted returns. A key will be to hedge against volatility.
Over the past three decades, the velocity of money has generally declined as the Fed has imposed disinflationary policies.
The Federal Reserve is embarking on a new era in monetary policy, switching from a target of 2% inflation to a target range of 1% to 3%.
The Congressional Budget Office published its long-term budget outlook. Its forecast of debt-to-GDP ratio garnered all of the attention.
Only 38% of middle market executives noted an increase in capital expenditures in their businesses in a recent MMBI report.
Amid pandemic uncertainty, investment in digital technologies will lead the way for middle market manufacturing businesses.
Long-term interest rates have undergone a profound shift that is likely to keep yields at extremely low levels in the near to medium term.
From care experience to regulatory support, children’s hospital leaders talk telehealth strategies at a recent roundtable
New trends are emerging in the real estate industry that will have a lasting impact on where we live, work and learn.
At RSM, we understand that diverse teams bring different ideas and perspectives to the table that help our clients and our people succeed.
Smart fashion and apparel companies are keeping it “light and right” when it comes to inventory choices as they plan for seasonal shifts.
Meet Leslie Sims and learn about how she manages work and family demands during these unusual times.
After the derecho, gaps in redundancy plans forced productivity to grind to a halt. Adjust your disaster response to avoid the same.
Whether developing drug therapies, designing medical devices, or more, life sciences companies have complex technology needs.
As retail bankruptcies persist, companies must understand the impact of bankruptcy as a strategic option for both the business and partners.
Changing regulations and a digital shift have led to profound changes in the way specialty finance companies interact with consumers.
Recently, actively managed funds have outperformed passively managed. Is this a cyclical pattern or is active investing the new normal?
From data breaches to malware, retailers—particularly those that have amplified their e-commerce efforts—must be mindful of cyberattacks.
Wouldn’t it be nice if we could automate your audit? How many hours have you spent sending reports and notes to your auditors?
In response to extreme bouts of market volatility, index providers disregard their standard rebalancing practices.
Visa’s TIP program is an alternative reporting process for the PCI DSS. Learn how to determine if it is right for your business.
As companies develop plans to return to the office, several differences exist in the strategies of small and large middle market businesses.
With the future of health care riding on the outcome of the November elections, RSM analyzed what lies ahead for businesses in the sector.
RSM discusses the increasing demand for regulatory compliance by investors in real estate funds in a new report from PERE.
Even if the boom is leveling off now, we do not expect telehealth use and investments ever to go back to pre-pandemic levels.
Companies must minimize financial exposure and maximize their potential recoveries if their business clients face bankruptcy.
What are the top business issues and opportunities trending for middle market beauty sector companies in 2020?
An easing pandemic in August and a late-summer stabilization in overall economic activity were the catalysts behind the MMBI increase.
These FAQs help family offices take a look at document management and retention practices, policies, technology systems and procedures.
Life sciences companies are inherently fast-paced and back-office investments must evolve to match the changing needs of the organization.
Understanding the history of state transfer pricing can help those with intercompany transactions prepare for the future.
There are several opportunities to gain more efficiency, productivity and value within the parameters of an existing technology budget.
The unprecedented imbalance the oil market has seen in 2020 has garnered extraordinary responses from both oil producers and policymakers.
RSM recently asked executives about their reopening considerations following pandemic-related pullbacks and shutdowns.
Given that the pandemic has forced closures of many U.S. hotels, occupancy rates are not providing the full picture of distress.
The condition of small and medium-size firms implies a potential inflection point in the nascent economic rebound.
Companies must assess whether they are ready to take advantage of all the potential 5G networks could unlock.
Transfer pricing audits are occurring more frequently and are expected to increase as the states look to recover from the pandemic.
Organizations that translate lessons learned from COVID-19 into future ready standards can create value that will last beyond this crisis.
As the coronavirus pandemic continues to wreak havoc, real estate deals are at best being reworked and at worst falling apart altogether.
Business processes and your organization are as important to digital transformation as the technology that is implemented.
In this issue, we discuss four red flags that the IRS and the Department of Labor look for on Form 5500 filings.
Auto suppliers have grappled with how to attract and retain talent, but talent management has taken on a new form since the pandemic began.
The student housing sector, once a beacon of stability, is now vulnerable to COVID-19 as universities rethink their plans.
MasterCard requires Level 2 merchants that utilize an SAQ to assess PCI compliance to perform the assessment with a QSA or ISA.
As construction companies continue to deal with the fallout from COVID-19, they should look toward technology to help grow their operations.
Taxpayers may not be aware that their business activities with Canada may give rise to a reporting requirement, or even a tax liability.
RSM speaks with InnFACT Advisors about what the hotel market looks like in the current pandemic environment. Read the interview here.
Former Vice President Joe Biden’s tax plan features significant changes. Rates seem likely to rise, even if President Trump wins re-election
The future of state and local incentives in a post-pandemic economy will be highly influenced by remote workforces – states may act soon.
Following the burst of initial optimism in May and early June, overall business conditions began to ease and then recede.
What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.
As cities slowly awaken from COVID-19 lockdowns regions that rely on auto travel are leading the nascent recovery in the hospitality sector.
This alternative form of investing in the private funds industry bets on the success and growth of an asset manager’s investment firm.
Learn more on CARES Act tax provisions relating to C corporations and the historical context for the changes contained in the legislation.
The IT leadership role has continued to evolve and responsibilities have increased as the dependency on technology increases.
Tax law and policy changes may increase state and local taxes for many businesses as states look to make up pandemic shortfalls.
The recent COVID-19 global pandemic has led to workers feeling a high level of uncertainty due to the spike in layoffs and unemployment.
IRS tax transcripts can be a valuable tool for helping to resolve various tax issues promptly and effectively.
For fund managers and investors alike, the pandemic presents short-term challenges, long-term opportunities, and lessons to be learned.
As the pandemic intensifies, it is clear aid will not be put in place in time to prevent an “air pocket” in the economy later this summer.
These Frequently Asked Questions will help you understand the stock options you have been granted and their tax consequences.
Hiring and compensation data from RSM’s recent Middle Market Business Index survey implies a mixture of uncertainty and promise.
Oracle NetSuite names RSM the 2020 Worldwide Solution Provider Partner of the Year. This is the 8th year in a row RSM has been recognized.
A judge found that taxpayers did not abandon their residency and were therefore still subject to Arkansas personal income tax.
In the current environment, firms need to address their digital strategy to remain competitive and deliver the value to their clients.
Data-driven economic insights and outlooks for a variety of family offices provided by RSM US LLP senior analysts.
Recent memo provides IRS view that certain stockless contributions create a split holding period on the stock.
The EU-US Privacy Shield agreement, a mechanism used to transfer personal data from the EU to the US, was invalidated by the EU court.
Boards should ensure all key players have the time and information to perform their financial reporting oversight responsibilities.
Coronavirus relief legislation creates tax pathways to boost liquidity for businesses amid economic downturn. Read more.
In recent years, electronic discovery, or e-discovery, has grown in its application in the insurance litigation field.
The state will decouple from CARES Act net operating loss, interest expense and excess business losses provisions.
The importance of forecasting the demand for products and services has never been clearer than during the COVID-19 pandemic.
Customers can now purchase LeaseQuery directly from RSM, gaining the benefit of a single-vendor community across solutions.
Remembering John Robert Lewis, an American politician and civil rights leader who spent much of his life fighting for equality in America.
RSM Middle Market Business Index: June 2020RSM Middle Market Business Index: June 2020RSM Middle Market Business Index: June 2020
When the COVID-19 pandemic subsides, CEOs will need to take swift action to refocus their energy moving forward.
As states continue with COVID-19-related reopening measures, CFOs need to take action to refocus their energy moving forward.
From industrial to office and retail to hotels, RSM and Preqin discuss how COVID-19 is leaving its mark on property.
Volatility and uncertainty in the markets create an unprecedented opportunity to transfer carried interests at low tax cost.
RSM launches RSM launches M&A360™ An outcome-driven framework focused on enhancing value creation throughout the life of an investment
Here are five matters that board members may want to think about prior to their next virtual or socially distant meeting.
Plan sponsors have until July 31, 2019, to pay the patient-centered outcomes research fee on health plans for plan years ending in 2018.
Responsibilities for digital strategies are quickly changing. Input throughout the organization is important for digital transformation.
Economic fallout from the pandemic and civil unrest have placed an uneasy spotlight on the disparity in employment opportunities in the U.S.
As food and beverage companies continue to manage through the pandemic and plan for the road ahead, what’s the formula for success?
Applications to sell unused state net operating losses and state research and development credits available the week of May 1, 2020.
Revised conformity excludes certain net operating loss and excess business loss provisions effective for 2019 tax years.
COVID-19 EBITDA analyses are imperative. A mutual understanding between a buyer and seller of the financial model assumptions is key
State and local government entities ensure compliance of successful reimbursement of CARES Act, COVID-19 and other grant expenditures.
RSM's digital transformation survey of middle market executives found there are 4 key actions that will impact digital.
Municipal bonds have a long history of capital preservation in stressful periods and enjoy a number of foundational strengths.
A rise in video gaming since pandemic shelter-in-place orders went into effect could be the wave the esports industry has been looking for
Use of subscription lines has long been a feature of private equity, but a marked increased triggers calls for enhanced disclosure.
The shift toward remote work is an opportunity for family offices to upgrade technological systems by adopting outsourcing and automation.
Government contractors are adjusting to delays, change locations or configure telework as facilities shut down.
Employers impacted by COVID-19 may be eligible for payroll tax credits and deferrals reportable on their quarterly payroll tax returns.
How family offices can maximize tax deductions and estate planning objectives during the economic downturn caused by the coronavirus.
The state responses have created a fragmented landscape of thresholds and compliance obligations with more questions than answers.
What role can the board of directors play in the multifaceted ESG arena? ESG is more than an acronym that stands for a trio of concerns.
In the midst of pandemic and social unrest, companies can make lasting change. This commitment is facing perhaps its greatest test yet.
Today’s CFO faces critical challenges in harnessing data and leveraging data to drive decision making throughout their organization.
Businesses can improve operations and reduce costs after adopting the ASC 842, despite the time and effort required to maintain compliance.
The economic free fall ended in April and May, and we now expect slow economic improvement to begin over the next three months.
Q2 2020 insights on what suppliers should focus on with regard to alternative sourcing and supply chain visibility.
RSM and Crimson Tree Software collaborate to transform how partnerships manage tax compliance and reporting in the middle market.
Managing operational innovation and risk is a balance, but the right digital transformation strategy can create a competitive advantage.
Key strategies to addressing COVID-19 like remote workforce and telehealth services could pose risks to health care organizations, too.
Depleted trust fund balances due to COVID-19 may cause state legislatures to act now to prevent further reductions.
Taxpayer permitted alternative apportionment when calculating Michigan sourced income from the sale of an out-of-state business.
RSM’s 2020 Digital Transformation Survey analyzes middle market innovation strategies and how COVID-19 has changed technology plans.
Declining valuations have created a push and pull in the private equity market of whether to sell or hold portfolio companies.
As businesses increase the use of remote workforces, nexus and withholding determinations can greatly complicate state tax compliance.
Senior analysts share key takeaways for hospitals and health systems to address the organizational impact of COVID-19.
Understanding what digital assets are will help companies make decisions when digital asset-specific guidance is issued.
COVID-19 – 4 ways to engage remote workers: How are you keeping your remote teams actively engaged and connected?
The workplace has undergone a fundamental shift and will likely continue to evolve amid reopening and recovery efforts.
Implementing (ASC) 842 will likely require a lease accounting software package. These five topics are key areas for you to consider.
The coronavirus outbreak has become a watershed moment for the private equity (PE) industry—and very quickly.
Three recent surveys detail data security, privacy and digital transformation approaches and attitudes among U.S. and European companies.
Careful attention to transfer pricing policies can help middle market companies identify opportunities in the current market turbulence.
Effective July 1, Maryland has exempted from sales and use tax the sale of certain personal property to qualified data centers.
Federal contractors who participate, or have subcontractors who participate, in the PPP must consider what the funds mean to them.
Open banking is a regulatory framework that guides how financial institutions create, share and access consumer financial data.
A major ingredient for the success of digital transformation is digital dexterity—the ability to create and operate a digital business.
A sales tax bad debt analysis and review can provide necessary cash flow for many businesses in a distressed economy.
Recently published IRS guidance provides insight into the Service’s expectations regarding transfer pricing documentation
Manufacturers changing over operations in order to create personal protective equipment may be exposed to new state tax liabilities.
A handy, easy to follow playbook for the stay at home athlete who wants to keep their financial house in order.
Businesses buying or selling real estate should be aware of the transfer taxes that accompany those transactions.
Technology subsectors are not immune to the economic shock of COVID-19. However, they could see growth during this perilous environment.
Understanding the myriad of Net Operating Loss rules and regulations is increasing important, especially in a distressed economy.
Here are five lasting changes for private equity firms that will follow COVID-19 and how deal-making will go on—it just may look different.
New regulations provide guidance on computing unrelated business taxable income that likely will affect most tax-exempt private clubs.
As we continue to navigate uncharted waters during the pandemic, a defined, sustainable remote close process has quickly become a necessity.
Here are some safety and regulatory factors manufacturing business leaders should address as local economies start reopening.
As middle market retailers address reopening and recovery, MMBI data point highlights the need for better business continuity planning.
Now is the time to become familiar with the anticipated changes to better prepare your organization for a smooth transition to version 4.0.
From new technologies to supply chain implications, retailers should consider new technologies, supply chain implications and more.
As the Main Street Lending program rolls out, family offices that are eligible must consider pitfalls of borrowing one.
Industrial companies deal with complicated cash flow scenarios every day. Here’s a look at cash flow considerations during the crisis.
While the cloud can provide significant benefits, middle market companies must be careful when selecting a cloud provider.
To effectively utilize technology to strengthen the customer experience, you must consider how innovation can enhance your sales efforts.
COVID-19’s impact on the economy has been particularly disabling for smaller midsize companies bearing the brunt of the pressure.
We are honored to support our communities during these unprecedented times.
State and local governments can learn from past disasters as well as strategies for navigating these difficult times.
First-of-its-kind tax would have imposed a gross receipts tax on large companies purchasing digital advertising in Maryland.
Ransomware has always represented a concern for middle market businesses, but the threat has escalated in recent years.
Fashion and apparel brands are considering their next business moves as economies reopen. A smarter and faster reset may be in order.
Cyberattacks evolve in an attempt to expose weaknesses, and that has never been more evident than during the COVID-19 pandemic.
Many companies miscalculate the available accelerated depreciation on qualified leasehold improvements. Is your company one of them?
While ASC 842 will affect leasing activities, technology solutions can help ease the burden that the new standard brings.
Ten-year net deferred tax liability deduction may be claimed beginning in 2023 as long as Form DT-1 is timely filed by July 1, 2020.
RSM professionals explain the parties involved and information needed for life sciences companies to comply with the federal law.
Do not delay your GASB 87 lease implementation efforts because of the postponement of the GASB 87 effective date.
While change was already occurring, the COVID-19 crisis has the potential to considerably shift attitudes concerning ESG.
Digital assets present audit and accounting challenges that require re-examining basic considerations within traditional frameworks.
Cybersecurity challenges require an audit committee to communicate with its board about risks and incident response plans.
The shocks that cascaded through the American economy due to the Covid-19 pandemic struck a blow to the heart of the real economy in April.
As COVID-19 crisis continues to take a personal and professional toll on the workforce, it is more important than ever for leaders to adapt.
Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.
The COVID-19 pandemic caused a shift in how internal audit functions operate and they should consider the following practices.
The accounting for property damage and other losses that an entity has insured itself against any related insurance recoveries.
ASU 2016-18 addresses the classification and presentation of changes in restricted cash in the statement of cash flows.
Data privacy is a differentiating business issue for boards. Awareness and compliance will help mitigate operational and regulatory risks.
Since the World Health Organization declared COVID-19 a global pandemic, scammers are taking advantage of financial institutions.
Proposed budget would freeze planned rate reductions and calls for a non-resident wage tax increase to offset the impact of COVID-19.
Businesses are challenged with new cyberthreats due to an increased remote workforce, stresses on legacy networks and resource constraints.
Here are some ways coronavirus could leave its mark on the global VAT, trade and tariff landscape for the life sciences industry.
Given current market conditions that are changing on a daily basis, human resource (HR) departments must focus on proper data management.
The CARES Act adds to the complexity of state tax conformity to qualified improvement property. Learn how states approach the issue.
State nexus, income characterization and sourcing all potential and material concerns for businesses holding remote meetings.
The Coronavirus Aid, Relief and Economic Security Act has led to significant tax changes and relief for real estate owners and operators.
COVID-19 continues to influence our daily lives and, in a very few number of weeks, many organizations have made the transition to remote.
The federal five-year NOL carryback may have substantial ramifications on state income tax returns beyond simple conformity.
To identify risks and opportunities in telehealth deals, investors must assess these key IT and security considerations.
Birdies Fore Love has supported hundres of organizations in communities all across the U.S. and Canada, including the East Lake Foundation.
Employee engagement best practices can strengthen an organization's overall digital transformation strategy if best practices are followed.
In the midst of the COVID-19 pandemic, many companies were forced to quickly implement a remote workforce environment.
New or broader sales taxes or gross receipts taxes on digital goods and services may provide states much needed revenue.
Businesses should start thinking about creating a sustainable operating model in the new normal and how they should adjust for the future.
Happy Earth Day!
In this competitive deal landscape, identifying value enhancement in the form of synergy and cost savings is more important than ever.
GASB 87 requirements can challenge government entities. Here are three steps to adopting and implementing the new leasing standard.
Many employers are transitioning to virtual internship programs due to the COVID-19 crisis. Understand the state and local tax consequences.
The COVID-19 pandemic has created the need for companies to understand their sources and uses of cash as an immediate priority.
The AICPA released the SOC for Supply Chain report to aid organizations with relevant controls to address business risk.
With a cash management dashboard and projection mechanism in place, companies can leverage more accurate and dynamic financial information.
Securities and Exchange Commission has provided some relief to regulated investment companies, but Internal Revenue Service has yet to act.
France enacted an intellectual property tax regime. Find out what this means for U.S. multinational businesses with operations in France.
The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.
RSM audit professionals are leveraging the latest trends in augmented reality and using Microsoft’s HoloLens to enhance audits for clients.
After you have protected your company, people and customers, you will need to start assess where your business will be after the pandemic.
Taxpayers should contact their tax professionals to proactively discuss documentation needed to withstand IRS scrutiny.
Middle market industrial companies are starting to see a decline in sales and are preparing to face a potential liquidity crunch.
RSM and Preqin discuss environment social governance and the impact it has on the decision-making process for real estate investment.
In late March 2020 Mexico’s Secretary of Health issued measures that are to be followed in response to the COVID-19 pandemic
Taxpayers should consider the state and local tax controversy opportunities and considerations created by the COVID-19 pandemic.
Easing some of the industry’s widespread financial pressures from a state and local tax perspective may increase cash flow.
Globally mobile employers and their employees may face complications in addressing the individual rebates provided by the CARES Act.
Middle market business confidence dropped precipitously in March, as companies dealt with the impact of economic shutdowns.
Temporarily increased federal limits on business interest deductions under section 163(j) may impact some state taxpayers.
Changes to the federal net operating loss rules under the CARES Act create state tax risks and opportunities for many businesses.
The COVID-19 pandemic is testing companies leadership. Here are five characteristics a board should embody during challenging times.
State tax cash-flow maximization and risk minimization are available for private equity groups and their portfolio companies.
Cash-flow maximization and support opportunities are available to the fashion and beauty industry reeling from COVID-19.
The new law intends to help Main Street businesses. Some family offices might be classified as a small business and eligible for loans.
Income and sales tax refund reviews may help companies improve cash flow in the short term and provide savings in the long term.
Read insights from the PE community on managing portfolio company cash flow, assessing operational threats and planning the next M&A move.
A mid-March survey conducted by The Harris Poll gauged American reaction to the coronavirus outbreak and economic concerns.
State tax considerations and opportunities as the pandemic impacts grocer revenues, supply chains and employment.
COVID-19 has caused many businesses to be concerned about short-term liquidity. New federal programs aim to help payroll, operating costs.
Businesses around the world are dealing with the spread of the coronavirus. Is your business prepared? Here are 5 things you can do.
In response to the coronavirus impact, tax policy changes are being proposed and enacted in countries around the globe.
The U.S. travel industry is expected to see a 75% revenue drop over the next two months alone, according to one economic report.
Employees working remotely due to the COVID-19 pandemic may result in income tax consequences to both the employee and the employer.
A common problem in middle market organizations is relying on homegrown applications instead of more modern, integrated solutions.
Job losses and hardships have some investors tapping into employer-sponsored retirement savings. Learn what questions you may face.
Companies can now avoid traditional funding routes and raise millions of dollars online. But the approach is not without risk.
State and local tax filing and penalty relief guidance in response to COVID-19 has accelerated as deadlines approach.
The $349 billion Paycheck Protection Program is meant to give relief to small businesses and encourage them to keep employees on payroll.
For many businesses, surviving the COVID-19 economic downturn depends on liquidity and cash. Liquidity scenario planning can help.
With ASC 842 deadlines approaching, you should start your software implementation now to ensure that you have time to choose a platform.
In this issue of Retirement Report we discuss several areas that influence plan sponsors and fiduciaries of defined contribution plans.
State and local tax opportunities are available for restaurants for cash flow maximization and support during the pandemic.
Bringing stability to your supply chain and maximizing liquidity is critical to maximize your organization’s financial results.
State and local tax strategies may alleviate some of the economic consequences of COVID-19 on the manufacturing industry.
Businesses in the technology industry may benefit from a roadmap of cash-flow maximization considerations during the COVID-19 pandemic.
Here’s a guide for business leaders who can adapt and develop best practices for navigating these uncertain times.
Law firms and professional services businesses are experiencing challenges with the COVID-19 pandemic, creating state and local tax issues.
RSM supports hundreds of charities in the U.S. and Canada through Birdies Fore Love. Learn more about one of these deserving organizations.
Insights on how TMT businesses—crucial to keeping other sectors operating through this outbreak—can respond to employee and customer needs.
Immeasurable operational challenges face the industry as some sectors see opportunities while others see risk.
The way the country works has changed in a very short amount of time, with many companies shifting to remote work policies.
Defense contractors must comply with new Cybersecurity Maturity Model Certification guidelines soon to remain eligible to work with the DoD.
These seven business interactions can be conducted almost seamlessly remotely and in many cases with technology companies already have.
As companies seek sources of financial relief from coronavirus pandemic, learn these key considerations in claiming business losses.
Proper tax planning in a workout or restructuring is necessary to provide valuable tax attributes to the restructured business.
During a debt workout or restructuring, it is critical that businesses evaluate their restructuring options and the related tax impact.
Widespread availability of credits and economic incentives during the COVID-19 pandemic may help businesses increase cash flow.
The California Consumer Privacy Act is changing the way businesses collect, process and retain information on customers.
Businesses facing unemployment claims or layoffs due to COVID-19 should carefully review a number of considerations.
Federal and state governments and taxing authorities are beginning to offer relief to businesses impacted by COVID-19.
The grid is being modernized to work smarter and be more resilient. However, the infrastructure of a smart grid remains the same.
Visual Lease’sbest-in-class lease accounting software automates financial reporting associated with ASC 842 and IFRS 16.
The conditions that cause uncertainty today create opportunities to transfer wealth to the next generations at historically low tax cost