RSM US LLP

The Taxpayer Advocate Service highlighted 10 major IRS problems affecting taxpayers and made several recommendations to mitigate the issues.

Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.

Bipartisan infrastructure bill passes House with bipartisan vote. President Biden expected to sign by end of next week.

$1.9 trillion COVID-19 relief plan with broad individual relief and new coronavirus-related funding enacted into law.

After intense negotiations, some provisions were eliminated while others were rewritten in an effort to appease all Democratic members.

Proposed Excess Business Loss limits could hurt real estate pro’s, others with active losses, including cash losses.

IRS provides guidance about specificity requirement for filing refund claims for IRC section 41 research credit.

The IRS recently announced new requirements for LLCs to qualify as exempt organizations under section 501(c)(3).

Internal audit challenges are increasing for CAEs. Elevate to meet your resource, regulatory, and technology and data challenges.

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.

What are the proposed tax changes affecting individual taxpayers and what should you consider today to limit your exposure to these changes?

When an employer sponsors a retirement plan for its employees, it must carefully consider, and continually monitor, the plan provisions.