United States
Amendments to section 162, 164, and 170 regs. formalize safe harbors for payments to charitable organizations in exchange for SALT credits.
The United States’ fiscal response to the pandemic and the upcoming federal election signal tax rate increases and a need for planning.
The future of state and local incentives in a post-pandemic economy will be highly influenced by remote workforces – states may act soon.
An executive order was issued directing the deferral of payroll tax payments. Follow up guidance from the Treasury Department is expected.
The IRS postponed the first quarter filing and payment deadline for federal sporting goods excise taxes until Oct. 31, 2020.
Learn more on CARES Act tax provisions relating to C corporations and the historical context for the changes contained in the legislation.
Taxpayers often struggle to quantify participation for the passive activity rules. A recent court decision may affect those calculations.
Eligible businesses that did not receive certain other COVID-19 relief may qualify for grants up to $250,000.
New legislation allows nonprofit employers to pay 50% of their unemployment reimbursing payment obligations to states.
The department found the business did not engage in qualifying research or submit proper documentation to substantiate the claim.
Tax law and policy changes may increase state and local taxes for many businesses as states look to make up pandemic shortfalls.
The court ruled that DOL regulations unduly restrict paid leave, thus expanding the eligibility of FFCRA paid leave.
Global mobility requires cross-border tax planning with a global perspective, assignment planning and payroll reporting obligations.
IRS tax transcripts can be a valuable tool for helping to resolve various tax issues promptly and effectively.
Understanding the global landscape and keeping an eye on regulations, RSM can help businesses unlock efficiencies and realize tax savings.
These Frequently Asked Questions will help you understand the stock options you have been granted and their tax consequences.
Digital tools like artificial intelligence, digital analytics and machine learning minimize repetitive manual tasks and streamline systems.
Proposed carried interest regulations are mostly as expected with a few new items and detailed computational rules.
The proposed regulations clarify rules on simplified accounting methods for qualified small business taxpayers.
A judge found that taxpayers did not abandon their residency and were therefore still subject to Arkansas personal income tax.