Strategic procurement can help combat market uncertainty and control costs
(authored by RSM US LLP) Improving procurement processes can help organizations reduce supply chain risks while increasing value and resilience.
Digital transformation and the middle market
(authored by RSM US LLP) The RSM US Middle Market Business Index survey shows that digital transformation is an important topic for business leaders
Financial services update: FedNow, banking results, reinsurance disruption
In our latest financial services update, we take a look at the upcoming launch of the Federal Reserve’s instant payment system, banking results for Q1 2023 and disruption in the reinsurance sector.
Commercial real estate is high among bankers’ debt concerns
Lenders continue to digest the long-term implications of recent failures as the fallout focus shifts to potential trouble spots.
FAQ: Capitalization and amortization of R&D costs under new section 174 rules
See how the new required tax treatment of R&D costs under section 174 affects federal, state, and international taxes, as well as software development.
Tax-advantaged health reimbursement arrangement for employees
Health reimbursement arrangements (HRAs) allow employers to pay employees’ medical expenses on a tax-free basis.
Health savings account benefits for employees and employers
Employee interest in health savings accounts (HSAs) has increased so employers should understand the benefits of offering them to employees.
IRS releases spending plan for $80 billion IRA funds
The IRS issued an ambitious strategic operating plan for spending $80 billion in additional funding provided by the Inflation Reduction Act.
Banking regulatory tide set to turn in 2023
The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and Federal Reserve have zeroed in on numerous regulatory changes for 2023.
5 key areas where banks can implement automation solutions
From operations to data management, banks need to take advantage of automated solutions to streamline manual processes and maintain a competitive edge.
Bank Term Funding Program: Government response to the banking crisis
(authored by RSM US LLP) The Bank Term Funding Program gives small and midsize banks the chance to shore up their liquidity.
FASB votes to simplify accounting for common control leases
(authored by RSM US LLP) For common control leases, the FASB is drafting amendments to simplify determining whether a lease exists, the classification of the lease, and accounting for leasehold improvements.