IRS releases new guidance on R&D credit refund claim procedure
The IRS released a memorandum and FAQs to provide procedural guidance regarding R&D credit refund claims on amended tax returns.
Smile! New IRS identity verification process requires a selfie
The IRS is tackling identity theft by using ID.me verification technology to guard access to online services.
PPP forgiveness and expenses: State tax implications
States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.
Being deemed essential doesn’t preclude ERTC eligibility
Construction firms forced to reduce or cancel operations by jurisdictional order may meet employee retention credit eligibility requirements.
Tax policy update: Insights and observations as Congress enters summer recess
Watch this recorded webcast as RSM tax leaders discuss where things stand in Congress, examine the tax agenda for fall and consider the path to ...
IRS enhances employee retention credit guidance for open questions
Notice 2021-49 provides answers on previously uncertain issues and addresses changes implemented in the American Rescue Plan Act.
Paid leave for employees impacted by COVID-19 in 2021
The American Rescue Plan Act of 2021 (Act) enacted in March contained many tax provisions, including a payroll tax credit for COVID-related paid ...
Midsummer update: Charting the course of Biden’s tax policy
Join RSM’s tax policy team on this webcast as they provide an update on developments in President Biden’s proposed tax plans.
U.S. Treasury’s Greenbook: A detailed look at potential tax changes
Watch RSM professionals on this recorded webcast to learn details on President Biden’s fiscal year 2022 budget and the Treasury’s tax Greenbook.
IRS issues PPP expense deduction safe harbor for fiscal year taxpayers
IRS safe harbor for fiscal year taxpayers on accounting period in which to deduct PPP expenses provides choices and certainty.
Tax aspects of President Biden’s American Jobs Plan
Washington National Tax summarizes key tax aspects of President Biden's American Jobs Plan and the Made in America Tax Plan.
The IRS provides further guidance on the Employee Retention Tax Credit
he Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
Guidance issued for employers claiming the Employee Retention Credit
Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.
Employee Retention Credit: Answers to frequently asked questions
The Employee Retention Credit provides liquidity benefits for many businesses and was significantly expanded for 2020 and 2021.
Exclusive access period coming to PPP; other changes forthcoming
Biden-Harris administration announces changes to PPP including a 14-day exclusive access period for businesses with fewer than 20 employees.
Top Professionals Ready To Serve You
The FMF&E team prides itself on ensuring that you have quick and easy access to top professionals for any challenge. Our unique model gives our clients confidence that our experienced team can be trusted with your most complex challenges.