INSIGHTS AND RESOURCES

New Jersey rulings address taxpayer procedural responsibilities

New Jersey rulings address taxpayer procedural responsibilities

The New Jersey Tax Court highlights the importance of understanding and complying with state tax appeal procedural responsibilities.
Economics of the $1.9 trillion American Rescue Plan Act

Economics of the $1.9 trillion American Rescue Plan Act

The American Rescue Plan Act will provide a robust tail wind to the domestic economy as it recovers from the pandemic.
Pennsylvania issues COVID home-office expense deduction guidance

Pennsylvania issues COVID home-office expense deduction guidance

The Pennsylvania Department of Revenue has issued complex guidance for employees claiming home office expense during the pandemic.
President Biden signs American Rescue Plan Act of 2021

President Biden signs American Rescue Plan Act of 2021

$1.9 trillion COVID-19 relief plan with broad individual relief and new coronavirus-related funding enacted into law.
Tax incentives for distressed real estate investment

Tax incentives for distressed real estate investment

While sponsors may rightfully be focused on sourcing deals and raising capital, they should not overlook the impact of tax incentives.
IRS issues memorandum on section 501(c)(4) examination procedures

IRS issues memorandum on section 501(c)(4) examination procedures

The IRS released a memo to TE/GE division examiners providing guidelines on enforcement of the section 506 notification requirement.
2021 Gifts – Buyer beware of the risk of retroactivity

2021 Gifts – Buyer beware of the risk of retroactivity

From retroactivity to loss of planning techniques, this year we face a unique set of concerns when considering gift and estate planning.
Pandemic highlights need for better use of data among providers

Pandemic highlights need for better use of data among providers

Pandemic highlights the need for better use of data among health care providers. One opportunity is through better use of data analytics.
RSM Middle Market Business Index: February 2021

RSM Middle Market Business Index: February 2021

The RSM US Middle Market Business Index declined modestly in February to 120.5 from 123.8 the month before.
Hospitality industry may find relief in new ERC expansions

Hospitality industry may find relief in new ERC expansions

Despite receipt of PPP loans, hospitality businesses may be eligible for retroactive 2020 and new 2021 credits.
The gender parity and wealth gap

The gender parity and wealth gap

Businesses have the opportunity to accelerate opportunities and provide a more equitable working environment in light of the pandemic.
SPACs and direct listings are reshaping the capital markets

SPACs and direct listings are reshaping the capital markets

The volume and dollar value of public listings went on a tear last year as private companies took advantage of a bullish stock market.
Middle market trend watch: Cyberattacks on the rise

Middle market trend watch: Cyberattacks on the rise

Middle market companies saw a sharp uptick in cyberattacks in the past year, according to an RSM US Middle Market Business Index survey.
How to bridge the output gap and return the economy to full employment

How to bridge the output gap and return the economy to full employment

The Biden administration clearly intends to err on the side of a return to full employment as soon as possible.
Conditions Ripe For Services Firms To Make Strategic Investments

Conditions Ripe For Services Firms To Make Strategic Investments

Services firms should capitalize on low interest rates to access low-cost capital and make long-term strategic investments in technology