Insights and Resources
Content Type:
Service:

Making audit make sense
For too many boards, the audit committee remains a catch-all for issues that don’t seem to fit elsewhere. A roundtable discussion.

Business ownership: The dynamics of a mature business
Mature businesses need to prepare for what lies ahead. RSM advises business owners in all phases of the business lifecycle.

Income tax provision considerations for financial statement preparers
Financial statement preparers should consider the impact of new tax laws and regulations on income tax calculations and disclosures in their 2022 financial statements.

The Real Economy: March 2022
This month’s issue of The Real Economy examines rising inflation’s impact on middle market businesses.

Inflation and the middle market
The economic growth and emboldened labor market of the past year require a different policy response than the previous two business cycles.

Navigating the uncertain fates of Build Back Better and key tax issues
Uncertainty about significant tax changes proposed in the Build Back Better bill require attention and action from taxpayers.

IRS releases new guidance on R&D credit refund claim procedure
The IRS released a memorandum and FAQs to provide procedural guidance regarding R&D credit refund claims on amended tax returns.

Smile! New IRS identity verification process requires a selfie
The IRS is tackling identity theft by using ID.me verification technology to guard access to online services.

Congress open to considering a pause on automated tax notices
National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.

National Taxpayer Advocate provides 2021 annual report to Congress
The Taxpayer Advocate Service highlighted 10 major IRS problems affecting taxpayers and made several recommendations to mitigate the issues.

Senate Finance releases Build Back Better text
Senate Finance Committee Build Back Better language largely leaves House Bill unchanged. SALT language omitted as well as billionaires’ tax.