Ideas & Insights

Treasury and the IRS release final guidance to exempt organizations for separately computing UBTI under section 512(a)(6).

The 2020 election might initiate widespread changes in America. What will the outcome mean for you as a member of a board of directors?

IRS addresses QSubs and period of limitations in a new set of proposed rules to the centralized partnership audit regime.

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.

The IRS moved away from a decades old agreement and emerged victorious in the $3.3 billion tax dispute with the beverage company.

IRS clarifies deduction disallowance for expenses funded by PPP and issues safe harbor for borrowers that forgo or are denied forgiveness.

IRS Commissioner rejects blanket COVID-19 penalty relief and instead urges taxpayers to use first time abatement and reasonable cause.

The Treasury 2020-2021 Priority Guidance Plan contains numerous anticipated projects affecting exempt organizations.

The IRS has updated six questions in their Employee Retention Credit FAQ document on Tribal Governments and PPP loans in acquisitions.

Cayman Islands just launched its new DITC portal and extended the due date for filing FATCA and CRS reports to Dec. 16, 2020.

Find out how to unlock your data to maximize the value of your tax compliance function, plus hear answers to frequently asked questions.

A recap of presentations, top questions and highlights from virtual sessions held at the 2020 RSM annual tax summit.

The COVID economy and virtual transformation may provide the right opportunity to take control of supply chain management.

IRS Announcement 2020-12 clarifies that lenders need not issue form 1099-C reporting PPP loans eligible for forgiveness under the CARES Act.

The political and social landscape in the oil and gas industry is changing, and companies without an ESG strategy will fall behind.

While guidance for PPP loan forgiveness and accounting continues to create new sets of questions, RSM specialists discuss pressing issues.

The IRS will release proposed regulations confirming the SALT deduction limit will not apply to entity-level taxes imposed on pass-throughs.

The TE/GE division’s 2021 program letter contains a summary of its priorities for the fiscal year and a new compliance priority webpage.

Recent changes by Indian tax authorities on taxing dividend distributions may impact U.S. investors’ repatriation of earnings.

RSM hosted a week long virtual tax summit providing attendees with insightful post-election and year-end planning insights.