State Income Tax Law Changes for the Second Quarter of 2024
(authored by RSM US LLP) State and local income tax updates enacted during the quarter ending June 30, 2024, which may impact current and deferred tax provisions....
09 July, 2024
Author: Don Breckenridge
IRS Moves Forward in Employee Retention Credit Processing
The IRS is making significant strides in processing Employee Retention Credits. Gain a deeper understanding of these recent updates and their implications for your business. Stay ahead of the curve...
09 July, 2024
The Essential Role of CPAs in Alternative Dispute Resolution (ADR)
ADR is changing how disputes are resolved, and CPAs are at the forefront of this transformation. From tax conflicts with the IRS to intricate business and family disputes, find out...
09 July, 2024
Navigating the Exit: How Non-Controlling Shareholders Can Sell Private Company Stock
Selling private company stock can be challenging for non-controlling shareholders. This article explores the critical considerations, from understanding company restrictions to finding the right buyers and planning for taxes....
09 July, 2024
Tax Implications of Legal Gambling
With the rise of legal sports betting and online gambling, it's crucial to understand the IRS reporting requirements associated with your winnings. Discover the thresholds for different types of gambling...
09 July, 2024
IRS Finalizes Regulations on Stock Repurchase Excise Tax
(authored by RSM US LLP) The IRS has issued final regulations on the stock repurchase excise tax, effective June 28, 2024. Find out what corporations need to know....
08 July, 2024
Smart Financial Planning for College: a Parent’s Guide
Learn how to effectively plan and save for your child's higher education. Understand student aid and family contributions, explore college savings plans, and discover how to increase your child's chances...
26 June, 2024
IRS Issues Guidance to Combat Partnership Basis-Shifting Transactions
(authored by RSM US LLP) The IRS has announced an effort to combat related party basis shifting transactions that lack economic substance....
21 June, 2024