by RSM US LLP | Feb 1, 2024
< Back to the Insights Gallery Tax relief bill passes House, faces uncertain fate in SenateARTICLE | February 01, 2024Authored by RSM US LLPExecutive summary: Favorable business tax provisions advance in CongressThe House of Representatives on Jan. 31 passed its...
by RSM US LLP | Jan 19, 2024
< Back to the Insights Gallery Tax framework agreement sets direction for potential business and individual tax reliefARTICLE | January 19, 2024Authored by RSM US LLPExecutive summary Momentum continues to build towards a potential tax agreement that would couple...
by RSM US LLP | Jan 5, 2024
< Back to the Insights Gallery New guidance on section 174 research expendituresARTICLE | January 05, 2024Authored by RSM US LLPExecutive summaryThe IRS released Notice 2024-12 to favorably clarify proposed section 174 research and experimental rules under Notice...
by RSM US LLP | Dec 22, 2023
< Back to the Insights Gallery New IRA Clean Vehicle Credit guidanceARTICLE | December 22, 2023Authored by RSM US LLPExecutive summaryThe U.S. Department of Energy (DOE) has issued proposed regulations on the statutory definition of “foreign entity of concern”...
by RSM US LLP | Dec 21, 2023
< Back to the Insights Gallery IRS to provide automatic penalty relief to eligible taxpayersARTICLE | December 21, 2023Authored by RSM US LLPExecutive summaryThe IRS announced plans to provide automatic penalty relief for failure to pay penalties incurred in tax...