Ideas & Insights

Taxpayers should familiarize with Biden’s plan, remain vigilant for developments and position themselves to act at the appropriate times.

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.

Employers impacted by COVID-19 may be eligible for payroll tax credits and deferrals reportable on their quarterly payroll tax returns.

Businesses with San Francisco activity should be prepared to understand a number of recent changes and updates to city tax law.

The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.

The Q4 MMBI eased modestly to 127.5. Readings on the economy, revenues, net earnings and hiring remained essentially unchanged.

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

The RSM US Middle Market Business Index registered 121.2 in December, down only modestly from 123 in November.

Georgia has expanded the state jobs tax credit to apply to businesses hiring telecommuting employees in 2020 or 2021.

Trends influencing the asset management industry: RSM identifies 10 key trends shaping the asset management industry of the future.

Until a significant amount of the population is vaccinated, widespread remote work will continue to be a standard practice for businesses.

A critical conversation is needed in corporate America to address the racial wealth gap and inequity embedded in the U.S. economy.

A coronavirus vaccine cannot come soon enough for the operators of facilities that house the nation’s elderly.

The economic distortions of the pandemic are becoming increasingly evident in the divergent fortunes of U.S. workers.

Aid package will bolster U.S. growth conditions in the first half of 2021, likely preventing another economic downturn previously implied.

A look at the impact of Brexit on tax treaties and on the operation of tax law internationally in the new year.

Learn more about the U.S. attribute reduction rules for stand-alone C corporations and how they apply to federal consolidated return groups.

The package provides additional funding for the Paycheck Protection Program and allows certain borrowers to draw second round of PPP funding

Congress passed a $900 billion rescue package that includes funds for midsize companies, direct payments to households and jobless benefits.

Some common paid time off (PTO) policy features cause taxable income to unexpected parties at unexpected times. Learn more here.