The art of the practical: Adopting AI in a responsible way
Insights and best practices on how to navigate the intricate AI environment and drive enhanced growth and efficiency.
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RSM US LLP
New guidance on section 174 research expenditures
Notice 2024-12 clarifies rules regarding research performed under a contract while Rev. Proc. 2024-9 updates guidance on accounting method changes.
IRS announces details for ERC Voluntary Disclosure program
IRS provides VD Program for employers to return ERC refunds and avoid penalties and interest. Employers must apply by March 22, 2024.
IRS will use AI to help target partnerships and high net worth individuals
The IRS announced a sweeping enforcement effort that will engage AI to focus on large partnerships and wealthy individuals.
Capitalizing on AI: 8 common use cases for your organization
Learn about several common artificial intelligence (AI) use cases that can deliver the most return on investment and strengthen business operations.
Be proactive: A guide to internal and external fraud investigations
Learn how to identify early signs of fraud and apply best practices in an internal investigation to reduce the financial impact of fraud.
Tax Court rules state law limited partner may be subject to self-employment tax
The Tax Court ruled that holding a state law limited partnership interest is not, by itself, enough to avoid self-employment tax.
IRS delays implementation of lower $600 reporting threshold for 1099-K
New IRS notice 1099-K for small vendors will be subject to existing requirements for TY 2023, followed by a phased-in approach.
IRS issues guidance on the transfer of clean vehicle credits
The IRS and the Treasury Department have released guidance on how buyers can transfer clean vehicle credits to dealers at the time of purchase.
Consumer products holiday insights: Fading consumer confidence won’t dampen holiday retail cheer
It remains to be seen whether consumers will continue their strong spending or begin to pull back in light of financial pressures.