(authored by RSM US LLP) The IRS intends to release proposed regulations on the PIN requirement for the energy efficiency home improvement credit under section 25C....
(authored by RSM US LLP) We delve into five common GST exemption allocation problems and provide suggested remedies to mitigate potential unintended consequences....
Discover how the IRA's expanded energy tax credits offer substantial incentives for a range of projects, from solar power to energy storage. Delve into the specifics of these credits and...
Explore the impact of a recent legal shift that broadens the scope of self-employment taxes, including limited partners and gig workers. Learn how everyday activities could land you in the...
Explore two popular retirement plans, SEP IRA and Solo 401(k), for the self-employed in this overview, focusing on their benefits, drawbacks, and the strategic considerations for choosing between them. Learn...
What does your CPA need from you? The following is a list of general information that should be gathered for your income tax returns. Tax Information Needed Individual income tax returns:...
Uncover the implications of the DOJ's new M&A safe harbor policy in our latest article. We dissect the potential risks and opportunities that could come with this change, providing vital...
The IRS has announced the 2024 Standard Mileage Rates. Understand how these rates will affect your deductions for business, medical, moving, or charitable driving expenses. Explore this article to stay...