Ideas & Insights

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

LB&I’s compliance campaign focuses on taxpayer reporting of purchase price allocations in taxable asset acquisitions.

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

Join RSM for a revenue recognition standard (ASC 606) update for business and professional services companies.

A summary of how providers of business and professional services may be affected by the new guidance in ASC 606.

Small business owners may be able to increase tax-beneficial retirement contributions with the use of a cash balance plan.

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

Immediate and retroactive expensing of qualified improvement property creates tax saving opportunities for taxpayers.

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

Insurance companies seeking to make a change to the basis of computing certain reserves receive new automatic accounting method change.

The IRS updated taxpayers on its operations status and recognized the delays in processing check payments due on July 15, 2020.

IRS warns taxpayers claiming self-employment tax exemption under IRC section 1402(a)(13) to be mindful of adverse Tax Court precedent.

Build your foundation of understanding about the complexities of VAT and GST and the impact they can have on U.S. multinational businesses.

Business and professional services organizations: Get key takeaways on revenue recognition changes from our recent webcast.

A detailed analysis is required to identify the often-overlooked research credit opportunities in the engineering and construction industries.

California Office of Tax Appeals determined that a construction company could not use a resale certificate for material purchases.

Learn how to avoid post-closing disputes that can derail transactions and result in increased costs, strained relationships and litigation.

U.S. private equity and venture capital funds with German investors have an additional 6 months to file German partnership returns for 2019.

Business and professional services providers should consider whether sales tax collection is necessary in the wake of the Wayfair decision.

Learn the valuation impacts resulting from the TCJA and its effect on business owners and investors assessment of ownership interests.