Ideas & Insights

Please join us for our ninth annual CPE program where we present a full day of substantive updates on audit and accounting and tax issues.

RSM’s Davenport office is introducing a tax planning series that will include three sessions: Sept. 19 and Nov. 21, 2019, and Jan. 16, 2020.

This webcast will focus on examining the effect of tax reform on pass-throughs at international, state and local levels.

Court dismisses a tax refund suit for lack of jurisdiction, though postmarked before the statute of limitations expired.

New Jersey Division of Taxation rescinds unpopular GILTI and FDII allocation guidance issued in December; new guidance expected shortly.

IRS Chief Counsel opined that Target’s consolidated group survived notwithstanding the explicit language of the reverse acquisition rules.

Join us to hear an update, including lessons learned from the first returns filed under the 2017 tax reform law.

IRS answers a few important questions regarding the taxation and withholding rules for uncashed distribution checks.

The introduction of the services cost method concept to the Base Erosion Anti-Abuse Tax (BEAT) is a welcome benefit to some taxpayers.

The second round of Qualified Opportunity Zone regulations may spur taxpayer confidence and financial implications will drive investment.

Proposed regulations provide guidance on classifying cloud transactions and income sourcing for transfers of digital content.

As of Aug. 16, 2019, the Taxpayer First Act modifies the notification rules when contacting third parties and limits John Doe summonses.

Cost-sharing arrangements remain in flux as Altera continues. Taxpayers should monitor the developments to ensure appropriate alignment.

Senate Bill 1591 provides an income tax credit for qualified apprentice education expenses through Dec. 31, 2024.

Rev. Proc. 2019-34 offers simplified procedures for insurers to change accounting methods to comply with section 807 for reserves.

Amnesty programs will run through Nov. 15, 2019, and offer qualifying taxpayers complete waiver of interest and penalties.

Effective Nov. 1, 2019 Polish tax authorities announced they will introduce what is known as a Split Payments Mechanism (SPM).

New law aims to protect New Hampshire businesses from sales and use tax compliance obligations due to economic sales tax nexus.

In PLR 201930011, the Service rules that it is OK to “go your own way” without tax penalty in a textbook split-up.

The state has indicated that it will enforce economic sales tax nexus on Oct. 1, 2019, without a minimum sales or transaction threshold.