Insights and Resources
Tax Court applies equitable estoppel against taxpayer
Taxpayer relied on statute of limitations to defer tax on merger, then reversed course and said merger was taxable to reduce acquirer’s tax.
G7: Groundbreaking steps to a 15% global minimum tax
During conversations on Saturday June 5, 2021, the G7 made historic strides toward multilateral agreement on a 15% global minimum tax rate.
White House releases President’s budget, Treasury Greenbook
Administration issues Presidential priorities and pay-fors. Corporations and wealthy individuals face prospect of increasing tax rates.
Biden Tax Plan targets cryptocurrency compliance to fund IRS
The Treasury just released a report proposing how cryptocurrency compliance will contribute to funding the $80 billion IRS overhaul.
Budget Reconciliation – A Potential Path for President Bidens Plans
President Biden has proposed a $2.29 trillion American Jobs Plan and a $1.9 trillion American Families Plan, but a closely divided senate makes it challenging to turn these bills into law. In this video, we’ll discuss the budget reconciliation process as a possible path.
Washington enacts retroactive captive insurance premiums tax
Washington bill applies a retroactive tax on captive insurance premiums covering in-state risks from Jan. 1, 2011.
Health care providers continue to seek Provider Relief Fund clarity
Health care providers continue to seek funding terms and conditions clarification related to Provider Relief Fund.
5 ways to enhance modern member experience
Join our webcast to learn tips on using a modern AMS solution to enhance member experience.
Key CARES Act and SECURE Act updates for employers
New legislation and impacts from the coronavirus relief bill and SECURE Act for employers: RSM dives into practical advice for plan sponsors
IRS temporarily waives penalty for using dyed diesel fuel in Southeast
IRS temporarily waives penalty for using dyed diesel fuel on highways in Southeast due to Colonial Pipeline shutdown through May 21, 2021.
The 3 biggest trends reshaping the insurance sector in the recovery
As competition in the insurance space will expands beyond traditional carriers, it is critical for insurance businesses to evolve digitally.
IRS extends May 17, 2021 due date for victims of Tennessee storms
IRS postpones certain filing, payment and other deadlines for taxpayers affected by Tennessee storms, wind, tornadoes, and flooding.
IRS will audit more LLCs claiming self-employment tax exemption
IRS warns taxpayers claiming self-employment tax exemption under IRC section 1402(a)(13) to be mindful of adverse Tax Court precedent.
Industrial companies are at high risk of a cyberattack
The Colonial Pipeline ransomware attack has proven the industrials sector is at high risk for cyberattacks.
Implementing GASB 87: Government entities learn from public companies
Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.
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