Feeling Charitable? Act (or Don’t Act) Now
The One Big Beautiful Bill (“OBBBA”) preserved one familiar charitable giving rule, but quietly changed several others in ways that make timing more important than
Why Timely Unclaimed Property Reporting Matters: A Crucial Reminder as State Deadlines Loom
Aprio Insights on the Why Timely Unclaimed Property Reporting Matters: A Crucial Reminder as State Deadlines Loom. Read the article.
Significant change to federal estate tax exemption slated for January 1, 2026
LaPorte is proud to announce that Jennifer Bordes, CPA, CSEP, MS, a LaPorte Tax Services Director, has collaborated with CityBusiness to author and publish the
Qualified disaster relief through charitable organizations
(authored by RSM US LLP) Public charities, private foundations, and donor advised funds can provide qualified disaster relief assistance to victims of qualified disasters, including individuals and small businesses.
Looking to Make Operations More Efficient? Consider a Business Process Review.
In your strategy meetings, how often do you talk about business process improvements? Even if your leadership team actively works to improve operations, you may
IRS announces second ERC Voluntary Disclosure Program, ERC updates & warnings
(authored by RSM US LLP) Second Employee Retention Credit Voluntary Disclosure program and other ERC updates.
IRS announces new phase of ERC Processing
(authored by RSM US LLP) The IRS is entering a new stage of Employee Retention Credit claim processing. The September 2023 moratorium continues, and claims filed before then are being slowly processed.
Plan Sponsors, are You Ready for New Forfeiture Rules?
In February 2023, the IRS released proposed regulations that address how plan administrators should treat and report contributions that have been forfeited back to their
What are the different types of financial statement services?
The term “audit” gets used liberally when businesses need to provide financial statements to outside parties, but an audit may not actually be what many businesses need to meet their financial requirements.
Tax effects of cancellation of debt across different entities
(authored by RSM US LLP) Explore the tax implications of debt cancellation across different entities with our introductory guide on CODI.
IRS releases plan to triple its audit rates on large corporations
(authored by RSM US LLP) Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.
New retirement plan distribution options introduced by SECURE 2.0
(authored by RSM US LLP) SECURE 2.0 provides new opportunities for plan participants to take retirement distributions without incurring early withdrawal penalties.