Ideas & Insights

Modernization addresses Alabama’s Opportunity Fund, Jobs Act Credit, federal opportunity zones and other incentive provisions.

What government contractors should know regarding accounting methods after tax reform and the new revenue recognition standards.

Rules clarify how S corporation income allocated to an ESBT will be taxed when a trust beneficiary is a nonresident alien.

The federal government adds two new health reimbursement arrangement (HRA) options for employers starting in 2020.

Pass-through entity tax election for the 2019 tax year due June 28, 2019; election window will close until next calendar year.

Effective for tax years beginning after Dec. 31, 2019, market-based sourcing adopted for services and intangibles.

Treasury and the IRS finalize and withdraw certain provisions contained in previously issued temporary section 987 regulations.

The IRS issued proposed regulations designed to clarify and modify the rules for foreign pensions investing in U.S. real property.

Minnesota’s long-awaited conformity bill presents new challenges for individual and corporate taxpayers; remote seller provisions modified.

Alabama makes significant reforms to the Financial Institution Excise Tax by establishing estimated payments and redefining net income.

The IRS has issued guidance for withholding agents on the submission of delinquent international withholding forms.

RSM sponsors SelectUSA in Washington D.C. from June 10-12, 2019. Learn more about foreign direct investment in the U.S.

Buyers and sellers should take into account tax and regulatory changes when considering tax purchase price allocations.

IRS publishes termination date to end faxed and third-party mailed tax transcripts in its continuing effort to protect taxpayer privacy.

The IRS announced tax relief, including extended deadlines, for counties in Oklahoma affected by the recent flooding.

U.S. government to appeal taxpayer favorable outcome of first ever research and development credit jury trial.

Companies often need to review ESOPs as changes arise in the business, employee demographics and in the economic environment.

Certain domestic holding companies can be excluded from the combined return, but pending legislation would limit the decisions.

Tax-exempt private schools can satisfy publicity requirement by posting nondiscriminatory policies to their websites.

District of Columbia OTR will no longer require an affirmation letter from an organization renewing its tax-exempt status.