Ideas & Insights

As the Main Street Lending program rolls out, family offices that are eligible must consider pitfalls of borrowing one.

Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.

Since the World Health Organization declared COVID-19 a global pandemic, scammers are taking advantage of financial institutions.

The CARES Act includes beneficial tax relief. Coupled with sophisticated planning, now is the time to revisit your individual tax strategy.

The U.S., Cayman, and other jurisdictions extend deadlines for filing FATCA and CRS reports, but exams and compliance programs continue.

Securities and Exchange Commission has provided some relief to regulated investment companies, but Internal Revenue Service has yet to act.

The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.

Taxpayers should contact their tax professionals to proactively discuss documentation needed to withstand IRS scrutiny.

Corporate taxpayers filing a consolidated return have an added layer of rules to navigate when carrying back a net operating loss.

The five-year carryback rule applies to insurance companies, both life and non-life, although both categories are singled out in the Act.

The IRS provided long-awaited guidance for taxpayers anxious to take advantage of the NOL provisions in the CARES Act.

Recent guidance provides that certain deadlines, including the allowable time to invest in a QOF, are now extended because of COVID-19.

The IRS issued guidance extending the time for taxpayers to file certain Form 3115s and Form 1128s to July 15, 2020.

As businesses renegotiate debts in the aftermath of COVID-19, it is critical to understand whether the debt is considered publicly traded.

State tax cash-flow maximization and risk minimization are available for private equity groups and their portfolio companies.

Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.

The $349 billion Paycheck Protection Program is meant to give relief to small businesses and encourage them to keep employees on payroll.

As companies seek sources of financial relief from coronavirus pandemic, learn these key considerations in claiming business losses.

RSM enabled First Federal Credit Union to concentrate on its core business with a modern, efficient and secure managed IT services platform.

Financial services businesses providing software and services to Illinois customers may have multiple transaction tax obligations.