(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.
(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…
(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.
(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.