RSM speaks with InnFACT Advisors about what the hotel market looks like in the current pandemic environment. Read the interview here.
The IRS recently issued guidance that will impact taxable income and tax liabilities for the majority of businesses who received PPP loans.
2020 has been a year of transformation, challenge, and opportunity.
Rev. Proc. 2020-45 provides annual inflation adjustments for more than 60 tax provisions, including those affecting exempt organizations. (authored by RSM US LLP)
NEW FORM 1099-NEC: The PATH Act accelerated the due date for filing Form 1099 that included nonemployee compensation (NEC) to January 31, and Treasury Regulations eliminated the automatic 30-day extension of time to file for forms that included NEC.
A new but perhaps little-known law in the State of Virginia requires that all employers, labor organizations, and hiring halls report information about newly hired independent contractors to the state’s New Hire Center.
As the COVID-19 pandemic continues with no real end in sight the performance of traditional on-site audits by DCAA becomes a significant safety issue.
While technical cybersecurity controls are a vital part of your organization’s information security framework, they are not in and of themselves sufficient to secure all of your information assets.
Open Enrollment season is upon us, and for many employees, it is time to enroll in company benefits for the upcoming year.
Borrowers (and affiliates) that have PPP Loans of $2 million or greater should be prepared to provide additional information to SBA. (authored by RSM US LLP)