Ideas & Insights

Budget reconciliation, tax policy changes, tax technology, year-end planning—all key topics at the RSM Tax Summit 2021.

IRS provides guidance about specificity requirement for filing refund claims for IRC section 41 research credit.

IRS adds 12 new 2022 vehicles eligible for tax credit of up to $7,500, including vehicles manufactured by Hyundai, Kia, Mitsubishi and Ford.

In 2022, R&E expenditures cannot be deducted; taxpayers should plan now how they will meet the resulting higher estimated tax payments.

Our annual tax planning guide for businesses addressing federal tax changes and developments that affect the middle market.

House Ways & Means reconciliation bill contains significant changes to renewable energy credits as well as new excise taxes.

IRS issued Notice 2017-10, designating syndicated conservation easements as a listed transaction requiring disclosure.

When accounting for software development costs, various tax accounting methods interact uniquely with the R&D tax credit.

Companies may be able to realize additional tax savings through state tax credits and other incentive programs.

The Tax Cuts and Jobs Act of 2017 established opportunity zones to encourage long-term investments in low-income communities nationwide.

In the event of an economic slowdown, how should taxpayers consider adjusting their pursuit of credits and incentives?

Owners and beneficiaries of pass-through entities are generally allowed to take advantage of the section 41 credit for research activity.

Companies that negotiate their own credits and incentives often miss opportunities and create compliance issues.

IRS waives penalty for using dyed diesel fuel on highways in several Louisiana parishes through Sept. 30, 2021.

IRS postpones certain filing, payment and other deadlines for taxpayers affected by Hurricane Ida in Pennsylvania.

Understanding the impact and the significance of the upcoming changes on Life Sciences companies and tax policies.

IRS postpones certain filing, payment and other deadlines for taxpayers affected by Hurricane Ida in Mississippi.

IRS postpones certain filing, payment and other deadlines for taxpayers affected by Hurricane Ida in New York and New Jersey.

Recent legislation extends the due date for the application from Sept. 15 to Dec. 1, allowing taxpayers more time to prepare.

The IRS revises Form 6765 so in 2021 taxpayers cannot use the same wages to calculate both the R&D credit and the employee retention credit.