Accounting Brief – ASU 2023-09 Planning Considerations
(authored by RSM US LLP) This Accounting Brief identifies certain key planning considerations as entities prepare to comply with the new disclosure requirements....
05 November, 2024
Author: Don Breckenridge
Understanding the National Debt: Implications and Strategies for your Financial Future
The United States is grappling with an escalating national debt that now exceeds $35 trillion, a staggering burden with far-reaching economic implications. Explore the causes, current state, and potential solutions...
05 November, 2024
Premium Tax Credit: Your Top Questions Answered
Navigating the complexities of the Premium Tax Credit (PTC) can be challenging. This article answers your most pressing questions about eligibility, calculations, and how to make the most of this...
05 November, 2024
IRS Releases 2025 Tax Inflation Adjustments
(authored by RSM US LLP) The IRS revenue procedures provides the amount for inflation-adjusted items for 2025. Amounts adjusted for inflation include the individual tax brackets, the section 199A qualified...
25 October, 2024
The Future of the SALT Cap: Ways You Can Prepare Now for Potential Scenarios
(authored by RSM US LLP) The SALT deduction's future is uncertain ahead of its scheduled sunset at the end of 2025. Here's how taxpayers can prepare for potential outcomes....
15 October, 2024
Should Your Business Lease or Buy Your Next Vehicle?
Are you a business owner considering acquiring a vehicle? Uncover the hidden costs and benefits of leasing and buying, and find out which one is right for your business....
04 October, 2024
Key Conversations to Have With Your CPA
Whether managing personal finances or running a business, this article provides essential questions to ask your CPA for informed decision-making. Discuss everything from tax planning to retirement and succession planning....
04 October, 2024
Can you Deduct Pre-Startup Costs? What Aspiring Business Owners Need to Know
Are pre-startup costs deductible before your business officially launches? This article examines the tax rules and a recent court case that clarifies the issue, offering insights on how to maximize...
04 October, 2024