Ideas & Insights

Final section 965 regulations extend the deadline to make, or amend a previously made, basis adjustment election to May 6, 2019.

High court to decide whether in-state beneficiary of nonresident trust is sufficient for the Due Process Clause.

Revenue procedure 2019-13 provides a safe harbor for depreciating passenger autos that qualify for bonus but are limited by section 280F.

The bill decouples from the SALT deduction cap, increases the standard deduction and addresses GILTI and 163(j) income.

IRS provides favorable view of investment advisors in making a critical determination for survival of NOLs following a bankruptcy.

To make opportunity zone projects as financially viable, developers need to consider state and local tax credits beyond QOZ incentives.

New life sciences businesses can earn up to a maximum tax benefit of $1.5 million in tax credits over three years.

The IRS has expanded its voluntary IP PIN program to taxpayers residing in seven additional states.

Recent Iowa tax reform expanded the sales tax base to include certain digital products and services; enacted remote seller nexus law.

Notice states that exempt entities will be required to renew their exemptions or their classification will be changed to taxable.

US companies with VAT obligations in the United Kingdom should understand and prepare to comply with Making Tax Digital.

Taxpayers can avoid accelerating section 965 deferred transition tax payments if they file agreement by March 7, 2019.

Join RSM for a complimentary webcast on Tuesday, Feb. 5 as we discuss the final guidance on pass-through deductions.

Government Contracting is a growing market with increasing development activities that provide opportunities to claim the R&D tax credit.

Read to learn about new tax guidance that could affect the private club industry and how clubs can minimize liability.

On Friday, January 29, 2019, the Treasury Department and the IRS issued proposed regulation section 1.199A-3(d)

Efficiently and effectively manage your global value added tax compliance with a strong risk management process.

The IRS’s Large Business & International group has provided a list of its strategic goals for fiscal year 2019.

Master service and related agreements raise ownership questions as well as question as to qualification under secs. 199A and 1202.

The Internal Revenue Service has released final Section 965 forms, schedules and instructions for taxpayers to use this filing season.