This Financial Reporting Insights is intended to be used as a resource in understanding and analyzing the accounting for uncertainty in income taxes recognized in an entity's financial statements.
2026 brings new planning opportunities with changes in U.S. tax reporting requirements under OBBBA for tips, remittances and loans along with new forms, thresholds and withholding rules.
IRS Math & Taxpayer Help Act will require math error notices to include detailed information for taxpayers about alleged math errors on Form 1040 and provide notice of 60-day response window.
This publication addresses the key amendments in ASU 2025-06, including the new capitalization threshold and the evaluation of whether significant development uncertainty exists.
The IRS has published new FAQs to reflect OBBBA's reinstated 1099-K reporting threshold of over $20,000 and more than 200 transactions. Learn how payment platforms, online marketplaces and others can prepare for compliance challenges amid varying state requirements.
RSM US analyzes recent U.S. IPO activity in 2025 with insights into how to understand the market and factors to consider when going public. Learn more.