Does Your Nonprofit Qualify for Retroactive Employee Retention Tax Credits?
Nonprofit organizations can still qualify for the employee retention tax credit from 2020 and 2021 if they meet certain eligibility rules.
Cyberthreats and the rise of SOC 2
According to the 2023 RSM US Middle Market Business Index Cybersecurity Special Report, companies today face more frequent and sophisticated cybersecurity threats than ever before.
GILTI: An Overview
US citizens and tax residents who have formed — or are considering forming — a corporation in a foreign country may be impacted by global intangible low-taxed income (GILTI). The tax implications and considerations are complex. Understanding GILTI is important for making informed decisions for yourself and your business structure.
Nonprofit Advertising and Sponsorship Rules
Nonprofits can run into issues when they accept advertising or sponsorship dollars if they don’t know the rules of unrelated business income tax. Knowing the difference between the two scenarios can help to minimize or manage tax liability.
Understanding the Service Contract Act (SCA) for Government Contractors
As a government contractor, understanding your obligations under the Service Contract Act (SCA) is essential. In this blog post, we will provide you with an overview of the SCA, including its requirements and challenges when implementing the standard. We will also discuss how compliance can be achieved and the risks associated with noncompliance.
2023 Updates to Meals and Entertainment Tax Deductions
The rules for deducting meal and entertainment expenses are different in 2023. Browse an overview of common deductible expenses in this article.
