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Family offices and the One Big Beautiful Bill Act: Implications of tax changes

Family offices and the One Big Beautiful Bill Act: Implications of tax changes

The One Big Beautiful Bill Act (OBBBA) introduces transformative tax provisions with significant implications for family offices. By enhancing tax efficiency, solidifying long-term planning tools, and increasing flexibility in structuring investments and transfers, the OBBBA enables more robust multigenerational wealth strategies. Read on for more on how tax changes in the Big Beautiful Bill affect family offices and legacy planning.
New penalties for taxpayers in the One Big Beautiful Bill Act

New penalties for taxpayers in the One Big Beautiful Bill Act

Learn more about several new taxpayer penalties introduced in the Big Beautiful Bill.
Real estate and construction and the OBBBA: Implications of tax changes

Real estate and construction and the OBBBA: Implications of tax changes

Learn how tax items in the Big Beautiful Bill will affect the real estate and construction industries.
How financial services organizations are embracing AI

How financial services organizations are embracing AI

RSM data shows how financial services organizations are embracing AI. Learn more.
Congress passes tax bill addressing TCJA extensions and business tax relief

Congress passes tax bill addressing TCJA extensions and business tax relief

Read more about the tax changes in the Big Beautiful Bill, such as SALT and clean energy, and how they could affect business and individual taxpayers.
What would an estate tax repeal mean for you?

What would an estate tax repeal mean for you?

Estate tax repeal: What would it mean for your legacy? Regardless of potential changes to tax laws, estate planning will always be essential.
Responding to the CrowdStrike outage

Responding to the CrowdStrike outage

What can IT service leaders learn from the the July 2024 CrowdStrike outage? What should you consider to best prepare for the future? RSM risk professionals weigh in.
Estate planning Q&A: Gifting to Intentionally Defective Grantor Trusts explained

Estate planning Q&A: Gifting to Intentionally Defective Grantor Trusts explained

Reduce estate taxes? Consider a gift to an IDGT: The gift that keeps on giving
Top 11 M&A tax issues for telecommunications companies

Top 11 M&A tax issues for telecommunications companies

In the complex world of telecommunications, companies are faced with the daunting task of managing a myriad of federal, state, and local telecom taxes and fees requiring the services of a tax advisor with industry experience. This article delves into the most critical M&A issues for telecom companies, including regulatory compliance, purchase price allocation, tax classification, bonus depreciation phaseout, research and development expenditures, and more. It highlights the importance of thorough due diligence, proper regulatory classification of services, and the development of a post-transaction plan for compliance.
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