Inflation-adjusted tax provisions: 2026 updates
Discover the latest inflation-adjusted tax changes for the 2026 tax year, driven by the One, Big, Beautiful Bill Act (OBBBA). From standard deduction hikes and modified marginal tax rate [...]
Final regulations released on increased catch-up contributions under SECURE 2.0
The latest IRS final regulations under the SECURE 2.0 Act increase catch-up contribution limits for individuals aged 60 to 63 and require Roth contributions for higher-income earners. These [...]
Partnership Basis: What Is It & How Does It Work?
Gain insight into partnership basis, track decisions to optimize ownership, and maintain compliance to avoid costly tax consequences.
Preparing for the end of federal paper checks
Executive Order 14247 directs federal agencies to phase out paper checks for refunds, benefits, and contracts. Here’s who’s affected and how to prepare.
No tax on tips: What occupations qualify? What are qualified tips?
RSM explains what employers should know about IRS proposed regulations clarifying the "No tax on tips" provision in the OBBBA. Learn more.
Debt-financed distributions for pass-throughs: how they work and when they make sense
When a pass-through business takes out a loan at the entity level and immediately distributes the borrowed funds to its owners, this is considered a debt-financed distribution. This maneuver [...]
Specialty finance and the OBBBA: Implications of tax changes
Tax reforms reshape growth, structure and capital strategy for specialty finance
You’ve filed an S election – now what? A practical compliance checklist for new S corps
Making the jump to S-corporation status probably wasn't an impulse decision; you looked at your books, saw profits piling up well beyond the salary you pay yourself, and decided it was time to [...]
Critical updates on energy credits
The One Big Beautiful Bill Act (OBBBA) is changing the landscape of energy tax credits by accelerating expiration dates, leaving homeowners, businesses, and car buyers scrambling to capitalize on [...]
Small businesses receive additional tax relief in recovering research costs
RSM explains the additional tax relief and flexibility small businesses may have in recovering research costs. Learn more.
