Ideas & Insights

RSM Washington National Tax team members will be presenting and available to chat with you in our virtual booth during the conference.

Shedding light on recent Texas tax law developments and how the business environment can impact taxpayers in any state.

Reduction of participation exemption for dividends and capital gains earned by Spanish entities increases corporate tax rates by 1.25%.

A single-debtor Chapter 11 reorganization, may trigger a Form 8937 filing requirement for the reorganized company. Learn more about it.

RSM submits Comment Letter seeking clarity on interaction of the employee retention tax credit and required disallowance for wage expense.

The Employee Retention Credit provides liquidity benefits for many businesses and was significantly expanded for 2020 and 2021.

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

Stimulus legislation extends through 2021 the 100% of AGI deduction for itemizers and availability of a deduction for non-itemizers.

Tax bills provide Paycheck Protection Program conformity and revise pass-through entity election for s corporations.

Biden-Harris administration announces changes to PPP including a 14-day exclusive access period for businesses with fewer than 20 employees.

IRS postpones certain filing, payment and other time sensitive deadlines for taxpayers affected by Texas winter storms.

Colorado enacts law restoring certain deductions related the to the CARES Act for both business and individual taxpayers.

Effective January 1, Oregon businesses and individuals in the Portland area have additional regional and county taxes on income and wages.

The paycheck protection program (PPP) combined with the Employee Retention Credit (ERC) can help middle market companies achieve liquidity.

IRS temporarily waives penalty for using dyed diesel fuel on the highways in Texas due to severe winter storm retroactive to Feb. 12.

The Tax Court explains various R&D credit concepts, including process of experimentation, qualified services and pilot models.

Employers can add flexibility to their health flexible spending accounts and dependent care assistance programs per Notice 2021-15.

Investment partnerships face a complex landscape when it comes to tax compliance. The solution lies in partnership tax technology.

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

The legislation clarifies that the tax is a tax on the pass-through entity itself and applies to nonresidents.