(authored by RSM US LLP) Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.
(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…
(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.
(authored by RSM US LLP) New final regulations include rules for CFCs, depreciation/amortization ‘add-back recapture’ and self-charged interest.
(authored by RSM US LLP) Final regulations address self-charged interest and trading partnerships, but reserve on tiered partnerships and other items.
(authored by RSM US LLP) The program, scheduled to expire on Dec. 31, 2020, received a five-year extension under the recent federal spending bill.
(authored by RSM US LLP) A recent proposed ASU addresses the accounting for revenue contracts with customers acquired in a business combination.
(authored by RSM US LLP) Real estate investors are ready to close the books on 2020. Here are 10 smart moves for real estate investors…
The IRS once again addressed the deductibility of eligible Paycheck Protection Program (PPP) loan expenses.On Wednesday November 18th, the IRS released Revenue Ruling 2020-27 and…
(authored by RSM US LLP) The final regulations broaden the definition of real property compared to the more restrictive definition in the proposed regulations.