INSIGHTS AND RESOURCES

Maryland delays digital ad tax; provides digital goods clarification

Maryland delays digital ad tax; provides digital goods clarification

The first-in-the-nation digital advertising tax is postponed for one year until 2022 while the state prepares regulations and guidance.
White House releases President’s budget, Treasury Greenbook

White House releases President’s budget, Treasury Greenbook

Administration issues Presidential priorities and pay-fors. Corporations and wealthy individuals face prospect of increasing tax rates.
Responsible Officer (RO) FATCA Certifications are due July 1, 2021

Responsible Officer (RO) FATCA Certifications are due July 1, 2021

RO certifications for the Dec. 31, 2020 period are due July 1, 2021. RSM can assist ROs with this and other FATCA compliance requirements.
Emerging Markets: Recent pause cause for alarm?

Emerging Markets: Recent pause cause for alarm?

Gains in emerging markets stocks failed to sustain further advances so far this year. Let's look at some of the key drivers.
Oklahoma cuts corporate and individual income tax rates

Oklahoma cuts corporate and individual income tax rates

Oklahoma tax bills revise the corporate, pass-through entity workaround and individual income tax rates for 2022.
Biden Tax Plan targets cryptocurrency compliance to fund IRS

Biden Tax Plan targets cryptocurrency compliance to fund IRS

The Treasury just released a report proposing how cryptocurrency compliance will contribute to funding the $80 billion IRS overhaul.
Amazon and Luxembourg beat European Commission in state aid appeal

Amazon and Luxembourg beat European Commission in state aid appeal

The European Court of Justice refused to uphold the European Commission’s ruling that Luxembourg provided illegal state support to Amazon.
RSM Middle Market Business Index: April 2021

RSM Middle Market Business Index: April 2021

Middle market business conditions improved in April as the prospect of rising revenues and net earnings offset cost pressures.
Health care providers continue to seek Provider Relief Fund clarity

Health care providers continue to seek Provider Relief Fund clarity

Health care providers continue to seek funding terms and conditions clarification related to Provider Relief Fund.
Virginia unitary business report applies to some exempt organizations

Virginia unitary business report applies to some exempt organizations

Some exempt organizations will be subject to Virginia’s informational reporting requirement for unitary businesses, due July 1, 2021.
Surfacing real estate tax insights

Surfacing real estate tax insights

RSM US LLP real estate professionals discuss the future of tax and technology automation, and how it can help real estate firms.
The economic index from RSM shines a light on the middle market

The economic index from RSM shines a light on the middle market

Five years ago, RSM launched an innovative economic indicator called the RSM US Middle Market Business Index.
IRS will audit more LLCs claiming self-employment tax exemption

IRS will audit more LLCs claiming self-employment tax exemption

IRS warns taxpayers claiming self-employment tax exemption under IRC section 1402(a)(13) to be mindful of adverse Tax Court precedent.
IRS temporarily waives penalty for using dyed diesel fuel in Southeast

IRS temporarily waives penalty for using dyed diesel fuel in Southeast

IRS temporarily waives penalty for using dyed diesel fuel on highways in Southeast due to Colonial Pipeline shutdown through May 21, 2021.
Implementing GASB 87: Government entities learn from public companies

Implementing GASB 87: Government entities learn from public companies

Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.