(authored by RSM US LLP) Vice President Kamala Harris announced several tax proposals in an economic agenda that illuminates some of her tax policy priorities.
The IRS has announced that it is offering tax relief for individuals and businesses in 67 Texas counties that were affected by Hurricane Beryl earlier…
(authored by RSM US LLP) Reduce estate taxes? Consider a SLAT to maintain spouse’s financial security.
(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…
(authored by RSM US LLP) Explore the tax implications of debt cancellation across different entities with our introductory guide on CODI.
(authored by RSM US LLP) Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.
(authored by RSM US LLP) House Ways & Means Committee Chairman Jason Smith (R-MO) and House Tax Subcommittee Chairman Mike Kelly (R-PA) recently announced the…
BackgroundIn 2021, Congress enacted the Corporate Transparency Act (CTA) which requires enhanced reporting of beneficial ownership in reporting companies. Most businesses will be subject to…
(authored by RSM US LLP) IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns…
(authored by RSM US LLP) As businesses increase the use of remote workforces, nexus and withholding determinations can greatly complicate state tax compliance.