U.S. charitable donations fell last year
(authored by RSM US LLP) Donations to charity fell to $499 billion last year, a 3.4% decrease from 2021....
01 August, 2023
Author: Don Breckenridge
Private foundation do’s and don’ts: Common self-dealing issues
(authored by RSM US LLP) Private foundations generally may not engage in transactions with disqualified persons, even under terms that are favorable to the private foundation....
01 August, 2023
IRS provides guidance for required minimum distributions for SECURE 2.0 Act
(authored by RSM US LLP) Notice 2023-54 provides transition relief and guidance relating to certain required minimum distributions based on SECURE 2.0 changes....
25 July, 2023
IRS clarifies employee retention credit guidance
(authored by RSM US LLP) IRS guidance addresses full or partial suspensions of operations due to supply chain disruption for ERTC and erroneous ERTC refunds....
25 July, 2023
Crossing State Lines for Remote Work: Key Considerations for Employers
As more companies embrace remote work, employers need to be aware of the various rules and regulations that can apply to remote employees. The implications of remote work crossing state...
18 July, 2023
Rising AI adoption increases the complexity of digital risk governance
(authored by RSM US LLP) With increased use of AI, boards need to understand systems being governed, and establish digital risk frameworks, policies and procedures....
17 July, 2023
How automation and outsourcing can address the current accountant shortage
(authored by RSM US LLP) Across all industries, middle market organizations—and businesses as a whole—are facing a shortage of skilled accounting and finance personnel. Introducing digital tools and automation is...
12 July, 2023
Reducing Your Risk of an IRS Audit
Worried about getting audited by the IRS? Check out the statistics on IRS audits and tips to reduce your risk of being audited....
10 July, 2023