Accounting News

IRS maintains interest rates for the fourth quarter of 2025

08/27/2025

IRS announces Q4 2025 interest rates will remain at 7% for individual taxpayers, 6% for corporations, with corporate rates ranging from 5% to 9%, effective Oct. 1. […]

Accounting News

When saying “no” to an inheritance might make sense

08/13/2025

Most people spend time planning how to leave an inheritance—but far fewer consider when it might be smarter to decline one. In some cases, accepting assets can create unintended tax […]

Accounting News

Accounting for the income tax impacts of the One Big Beautiful Bill Act

08/7/2025

RSM explains corporate tax considerations related to the Big Beautiful Bill and its impacts on accounting for income taxes. […]

Accounting News

What to consider if you’re financing the sale of your business

08/5/2025

Financing the sale of your business can be a challenging process. This article outlines what you need to know and consider, helping you make a strategic move. Read on to […]

Accounting News

No Tax on Tips and Overtime: What Trump’s OBBB Means for Hospitality, Retail, and Construction

07/28/2025

Aprio Insights on the No Tax on Tips and Overtime: What Trump’s OBBB Means for Hospitality, Retail, and Construction. Read the article. […]

Accounting News

Permanent QBI deduction provides some tax planning certainty

07/16/2025

RSM explains how the Big Beautiful Bill made permanent the 20% deduction for qualified business income and what it means for pass-through entities. […]

Accounting News

When is an S-corp election the right move?

07/15/2025

Your business is finally profitable, but is it profitable enough for an S-corp election? Learn the revenue, cash-flow, and compliance milestones that signal it’s time. […]

Accounting News

A tax-focused walk-through of the One Big Beautiful Bill Act

07/11/2025

The One Big Beautiful Bill Act overhauls the tax code, locking in many 2017 cuts and unveiling new relief for workers, families, and businesses. Read our article for an overview […]

Accounting News

5 ways the One Big Beautiful Bill Act could help your company save on taxes

07/9/2025

RSM explains 5 ways in which the Big Beautiful Bill can help middle market businesses save on taxes. Learn more. […]

Accounting News

Proposed changes to cost accounting standards: easing the compliance load for federal contractors

07/9/2025

Contractors dealing with government work may soon face less compliance hassle as the Cost Accounting Standards Board proposes aligning CAS 404 and CAS 411 with Generally Accepted Accounting Principles (GAAP). […]

Accounting News

A New Dawn for Business Tax: How the One Big Beautiful Bill Reshapes the Tax Landscape

07/7/2025

Authored by Aprio The main takeaway: The One Big Beautiful Bill introduces significant changes to business tax, extending, modifying, or making permanent many of the tax provisions enacted as part […]

Accounting News

House reconciliation bill: AICPA’s concerns over some proposals

07/2/2025

The House’s One Big Beautiful Bill Act introduces tax changes that could impact pass-through entities and professional service providers. With concerns from the AICPA about potential complexities and unfair advantages, […]