Looking to donate or gift noncash assets? Don't do it without understanding the IRS appraisal rules first! Delve into our article to make sure your generosity won't bring unexpected tax...
Deciding to sell your business? Navigate the complexities of asset sales versus stock sales with our comprehensive guide. Discover how each structure impacts taxes, liabilities, and proceeds to make informed...
ASU 2024-04 introduces pivotal changes in accounting for convertible debt settlements, aiming to clarify the distinction between induced conversions and extinguishments. Discover how these updates affect cash and equity settlements,...
(authored by RSM US LLP) RSM explains state and local clean-energy tax credits and incentives that may help businesses despite the Inflation Reduction Act's fate. Learn more....
Important news for businesses that rely on travel: the standard business mileage rate for 2025 has increased. Discover how this change affects your business’s bottom line in our recent article....
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...
Offering a 401(k) plan to your employees is not just a perk—it's a significant fiduciary responsibility under ERISA that requires careful oversight and compliance to shield both the plan and...
Discover key strategies to maximize your Qualified Business Income (QBI) deduction before it potentially expires in 2025. Learn how to navigate phaseouts, entity structures, and more to enhance your tax...