Menu

Tax Alerts

Subscribe today to receive tax updates at the frequency you prefer. Tax Alerts offer timely notification of the latest changes in federal, state and international tax legislation, court rulings and tax authority positions, distributed as the news breaks. Tax Alerts Roundup compiles each of these alerts in a biweekly newsletter for your convenience.

Please visit our preference center to see the full array of RSM publication offers. You may opt-out or adjust your newsletter choices at any time. 

Choose your subscription


most recent tax alerts

Georgia continues trend of SALT deduction workarounds in 2021

Georgia continues trend of SALT deduction workarounds in 2021

Georgia becomes the latest state to adopt an entity-level tax establishing a workaround to the federal SALT deduction limitation.

  • Mark Siegel, David Brunori , Mo Bell-Jacobs
  • |
  • May 10, 2021
IRS releases CCAs discussing determinants of micro-captive insurance

IRS releases CCAs discussing determinants of micro-captive insurance

Redacted CCAs analyze five factors to determine whether a micro-captive insurance transaction is a reportable transaction.

  • Trina Pinneau
  • |
  • May 05, 2021
Washington state enacts capital gains tax

Washington state enacts capital gains tax

New capital gains tax to be imposed at 7% on net gains of individuals in excess of $250,000 beginning Jan. 1, 2022.

  • Andy Colson, Kirsten Moritz-Baune, Tyler Gritts
  • |
  • May 05, 2021
Arkansas ends the convenience of employer test

Arkansas ends the convenience of employer test

Arkansas legislatively reverses the state’s convenience of the employer test used to determine taxation of nonresident employees.

  • Brian Kirkell, David Brunori
  • |
  • May 04, 2021
Biden tax plan significantly limits like-kind exchange

Biden tax plan significantly limits like-kind exchange

Proposals include a $500,000 cap on gain deferral for like-kind exchanges and eliminating stepped-up basis with a $1 million exemption.

  • Marty Verdick, John Charin
  • |
  • May 04, 2021
Kansas adopts Wayfair threshold; makes other business tax changes

Kansas adopts Wayfair threshold; makes other business tax changes

Tax bill requires remote sellers with over $100,000 in sales in the state to collect and remit sales taxes beginning July 1, 2021.

  • David Brunori , Scott Durham, Joe Gilley
  • |
  • May 04, 2021
The American Families Plan & its impact on the real estate industry

The American Families Plan & its impact on the real estate industry

Summary of the American Families Plan and the potential impact that it could have on the real estate industry.

IRS issues news release regarding microcaptive insurance arrangements

IRS issues news release regarding microcaptive insurance arrangements

In a new release, the IRS urges taxpayers to exit abusive microcaptive insurance arrangements in the wake of Caylor win.

  • Joann McCullough , Trina Pinneau, Whitney Brady
  • |
  • April 30, 2021
President Biden unveils his American Families Plan

President Biden unveils his American Families Plan

Biden’s plan to grow the middle class, expand economic growth and leave the US more competitive, may be funded with tax changes.

  • Ed Decker, Andy Swanson, Alina Solodchikova
  • |
  • April 29, 2021
SBA announces opening date for restaurant program – April 30, 2021

SBA announces opening date for restaurant program – April 30, 2021

SBA announces opening date for Restaurant Revitalization Fund – Registration on April 30 at 9 am EDT; applications on May 3 at 12 pm EDT.