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.
Adapting to the OBBB: A Strategic Roadmap for Nonprofits
OBBB's tax law changes reshape nonprofit strategies, fundraising, and donor incentives. Learn key updates and how nonprofits can adapt.
IRS maintains interest rates for the fourth quarter of 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.
