by RSM US LLP | Jan 19, 2022 | Uncategorized
TAX ALERT | January 19, 2022Authored by RSM US LLPNational Taxpayer advocate, Erin Collins, mentioned at a recent virtual seminar last Thursday that Congress may consider her recommendation to pause automated IRS notices. The Taxpayer Advocate Service (TAS)...
by RSM US LLP | Nov 18, 2021 | Uncategorized
ARTICLE | November 19, 2021Authored by RSM US LLPTax-exempt income timing of PPP loan forgiveness comes with options.On Nov. 18, 2021, the IRS released three Rev. Procs. (Rev. Procs. 2021-48, 2021-49 and 2021-50) to address the treatment of tax-exempt income in...
by RSM US LLP | Nov 11, 2021 | Uncategorized
ARTICLE | November 02, 2021Authored by RSM US LLPWidespread labor shortages are hampering companies’ ability to capitalize on an economy that is expanding as the country recovers from a devastating pandemic. Companies will not experience a return to the way things...
by RSM US LLP | Nov 11, 2021 | Uncategorized
ARTICLE | November 02, 2021Authored by RSM US LLPIt is becoming abundantly clear that the minimum wage has gone the way of the buggy whip and that a new de-facto entry-level wage of $15 per hour is becoming the national standard in the private sector.The shock to the...
by RSM US LLP | Nov 4, 2021 | Uncategorized
TAX ALERT | November 05, 2021Authored by RSM US LLPOn Oct. 28, 2021, President Joe Biden released a new framework for his Build Back Better agenda, which includes approximately $1.75 trillion of investments to combat climate change and expand health care coverage,...