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The importance of cybersecurity resiliency for nonprofit organizations

The importance of cybersecurity resiliency for nonprofit organizations

Cybersecurity resiliency is important for nonprofits. Organizations that have strong cybersecurity resiliency protect their sensitive data and ensure they can fulfill their missions
Preparing for health care M&A: Accounting implications and best practices

Preparing for health care M&A: Accounting implications and best practices

Explore strategies for successful health care mergers and acquisitions, including due diligence, valuation and post-transaction accounting.
Tax Court reaffirms IRS lack of authority to assess Form 5471 penalties

Tax Court reaffirms IRS lack of authority to assess Form 5471 penalties

Tax Court's national jurisdiction gives taxpayers significant advantage in Form 5471 penalty disputes
Updated accounting publications on goodwill and long-lived assets

Updated accounting publications on goodwill and long-lived assets

RSM's guidance covers the complexity of accounting for long-lived assets and options under private company accounting alternatives.
FASB proposes guidance to improve interim financial reporting

FASB proposes guidance to improve interim financial reporting

The FASB's proposed ASU establishes a comprehensive list of interim disclosures for entities that provide interim financial statements.
FASB proposes guidance on accounting for government grants

FASB proposes guidance on accounting for government grants

A proposed FASB ASU addresses recognition, measurement and presentation of government grants by business entities.
Strategic health care M&A requires strict capital allocation discipline, despite falling rates

Strategic health care M&A requires strict capital allocation discipline, despite falling rates

As the changing rate environment affects the operating environment, we expect strategic players will evaluate more deals, at a rate above the historical averages.
IRS issues guidance for section 25C energy efficient home improvement credit

IRS issues guidance for section 25C energy efficient home improvement credit

Section 25C energy efficient home improvement credit proposed regulations and Rev. Proc, 2024-31 released.
Surging mental health needs challenge health care, but also provide opportunities

Surging mental health needs challenge health care, but also provide opportunities

The Department of Health and Human Services and related agencies recognize the need to ease restrictions on access to mental health and wellness services
IRS extends the research credit claim transition period to Jan. 10, 2026

IRS extends the research credit claim transition period to Jan. 10, 2026

The IRS has announced it will extend the research credit claim transition period, which was set to expire in January 2025, an additional year to Jan. 10, 2026. The IRS continues to require detailed information at the time of claiming the research credit.
U.S. consumer confidence improves to highest level in more than a year

U.S. consumer confidence improves to highest level in more than a year

Consumer confidence edged up in November to its highest level in more than a year, driven by improved sentiment about both the current economic situation and future expectations.
AI trends in state and local government

AI trends in state and local government

Learn about innovative AI solutions RSM has developed to address critical state and local government challenges.