Ideas & Insights

Accelerating worthless stock deductions on an insolvent subsidiary without disposing of the business to increase NOL carrybacks.

Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.

Department issued compliance alert explains the sales and use tax collection responsibilities for marketplace facilitators and sellers.

Three states have prescriptions for opioid taxes on manufacturers and distributors. Here’s what you need to know.

Notwithstanding unfavorable changes to the Code, capital gain treatment is still available on the sale of patents in certain scenarios.

Enhanced tax deduction may be available for drug inventory contributions made to certain charitable organizations.

The IRS is reconsidering the traditional rule requiring revenue to satisfy the active trade or business requirement of section 355.

Life sciences companies making payments to related foreign parties should be aware of how to determine the gross receipts calculation.

Missed our recent webcast on how the Tax Cuts and Jobs Act will affect life sciences companies? Check out our recap.

This recorded webcast provides an overview of the key provisions of the new tax bill and how they affect life sciences companies.

A review of IRS rulings on the proper treatment of similar expenses that were incurred by a pharmaceutical company.

The medical device tax is set to resume on Jan. 1, 2018, however a House bill was introduced to delay the tax another five years.

A recent opinion by the Advocate General (AG) for the European Court of Justice (ECJ) opens the door for pharmaceutical companies to potentially ...

California biotech firm sees larger corporate tax bill after Massachusetts high court determination that it was engaged in manufacturing.

Learn how RSM helped a pharmaceutical company realize better, timelier service through a tax outsourcing arrangement.

Our tax professionals take a holistic approach to understanding the overall needs of your life sciences business.