Ideas & Insights

We have updated our white paper, which provides an overview of lessor accounting under ASC 842 for financial institutions.

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

Changes to NOL rules under the TCJA and CARES Act are implemented for consolidated corporate groups under new proposed regulations.

FASB votes to defer the effective dates of leases, CECL and hedging for certain entities and insurance for all entities.

Bill would treat carried interest as ordinary income and subject to it to self-employment tax, regardless of the holding period.

Favorable rule for corporate stock acquisitions where life insurance contracts are less than 50 percent of the target corporation’s assets.

FASB decides to propose deferring the effective dates for leases, credit losses, hedging and insurance for certain entities.

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

Learn more about the current expected credit loss standard, the London Interbank Offered Rate transition and tax reform.

From CECL to tax legislation, what do you need to know? Register now for our Nov. 15 webcast for key tax and accounting updates.

If finalized, a recent FASB proposal would defer the effective dates for certain of its guidance for certain entities.

An interagency policy statement has been issued in response to the issuance of FASB Accounting Standards Update 2016-13

What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.

A white paper about how asset managers may be affected by the new revenue recognition guidance in ASC 606 and cost guidance in ASC 340-40.

An article with information about interagency guidance issued by banking regulators related to the Tax Cuts and Jobs Act.

In this short video, we bring you up to date on the final carried interest regulations and give guidance on actions fund managers may take.

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

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

Fund management companies face difficult challenges in determining their state income tax filing obligations and apportionment rules.

RSM is pleased to provide a series of webcast discussions that will drill into the operational planning perspective family offices now face.