Businesses Required to Subsidize COBRA Premiums Will Be Reimbursed with Payroll Tax Credits
To help Americans struggling with job loss, the American Rescue Plan Act of 2021 (ARPA) will subsidize the costs of COBRA insurance premiums effective April
RSM Middle Market Business Index: April 2021
(authored by RSM US LLP) Middle market business conditions improved in April as the prospect of rising revenues and net earnings offset cost pressures.
The American Families Plan & its impact on the real estate industry
(authored by RSM US LLP) Summary of the American Families Plan and the potential impact that it could have on the real estate industry.
FASB staff clarifying comments on new goodwill impairment alternative
(authored by RSM US LLP) The FASB staff recently made clarifying comments related to the new goodwill impairment triggering event alternative.
The IRS provides further guidance on the Employee Retention Tax Credit
(authored by RSM US LLP) The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
Pitfalls and opportunities in distressed real estate investing
(authored by RSM US LLP) Investors need to slow down enough to get their arms around the potential tax ramifications of any real estate acquisition.
Senate passes extension of Paycheck Protection Program to May 31
(authored by RSM US LLP) PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications.
Valuing a distressed real estate asset
(authored by RSM US LLP) Real estate investors must ensure they can create something out of a distressed real estate asset once they own it.
Guidance issued for employers claiming the Employee Retention Credit
(authored by RSM US LLP) Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.
Real estate debt raising
(authored by RSM US LLP) Middle market funds can bring in more equity by offering more favorable terms to LPs, but may be better off with investors who trust them.
Navigating the REIT asset tests
(authored by RSM US LLP) Despite their competitive tax advantage, REITs are subject to a complex set of compliance rules which include quarterly asset tests.
Additional section 163(j) final regulations released
(authored by RSM US LLP) New final regulations include rules for CFCs, depreciation/amortization ‘add-back recapture’ and self-charged interest.