Accounting for the income tax impacts of the One Big Beautiful Bill Act
RSM explains corporate tax considerations related to the Big Beautiful Bill and its impacts on accounting for income taxes.
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Partnership distribution rules and complexities
Explore the intricacies of partnership distributions and uncover how they offer flexibility in profit allocation while presenting unique tax considerations. Delve into the fundamental principles, exceptions, and strategic approaches that can affect your tax outcomes and ensure seamless operations. Discover why clear agreements and professional guidance are crucial in navigating these complex regulations.
Unlock the Power of Your Numbers: Understanding and Improving Key Financial Ratios
Understanding key financial ratios is key for restaurant owners to evaluate and improve their business health, plan growth, and manage risks effectively. These ratios offer insights into profitability, liquidity, and financial stability, serving as essential tools for decision-making and strategic planning.
Three Trends That Will Fuel the Adoption of AI
AI has finally shifted from headline hype to practical help because three new tools remove the friction that kept it bottled up: the Model Context Protocol, autonomous AI agents, and AI-powered browsers. Here’s how they’re turning chatbots into true coworkers—and why your business should care.
Understanding Safe Harbor 401(k) Plans
Navigating the complexities of 401(k) plans can be daunting for small and midsize businesses. Discover how the safe harbor 401(k) offers a simplified solution by easing administrative burdens while fostering employee financial well-being. Explore the advantages, key components, and strategic considerations to determine if it’s the right fit for your business.
Mastering Passive Activity Losses & Maximizing Tax Savings
Get clear on passive activity losses, at-risk rules, and exceptions for real estate professionals.
Passing the Torch: Succession Planning Strategies for Family-Owned Restaurants
Here are some key tips and best practices to keep in mind as you start succession planning for your family-owned restaurant.
No Tax on Tips and Overtime: What Trump’s OBBB Means for Hospitality, Retail, and Construction
What Trump’s OBBB Means for Hospitality, Retail, and Construction. Read the article.
The OBBBA Car Loan Tax Deduction
If you’re shopping for a new car, there’s a limited-time tax break that could save you thousands of dollars. However, there’s a specific window of time, the rules are strict, and you must act strategically to make it work. Watch our video to learn more.
Don’t forget the upcoming 401(k) audit deadline
Summertime brings not just sunshine but also critical 401(k) audit deadlines for many organizations. This comprehensive guide breaks down when an audit is necessary, common pitfalls to avoid, and best practices to streamline the process. Prepare proactively to maintain compliance and the trust of your plan participants—don’t let the season catch you off guard!