Navigating a Troubled Hotel Market
RSM speaks with InnFACT Advisors about what the hotel market looks like in the current pandemic environment. Read the interview here.
Webinar Recording: PPP Forgiveness Application and Legislative Update
View recording and slides. While we haven't had a lot of legislation in the last few months, we've had a lot of guidance come out from the IRS and the SBA, particularly surrounding PPP funds. So where are we? View PBMares' recent webinar, "The Latest on PPP: Forgiveness Application and Legislative Update".
PBMares Expands Footprint into North Carolina
PBMares, LLP, a Top 100 accounting and consulting firm, is expanding its geographic footprint with the addition of two RSM US LLP (RSM) North Carolina offices. The firms have entered into a definitive agreement for PBMares to acquire substantially all the assets of RSM’s New Bern, N.C., and Morehead City, N.C., offices, subject to certain terms and conditions.
PPP Update: New Guidance That Will Change 2020 Taxable Liabilities
The IRS recently issued guidance that will impact taxable income and tax liabilities for the majority of businesses who received PPP loans.
Whitepaper | Benefits of a Fractional CFO
As your company grows, the need for greater experience and more sophistication in accounting and finance will also grow.
NCUA Issues Mid-Year Update to Credit Union Supervisory Priorities Amid COVID-19
2020 has been a year of transformation, challenge, and opportunity.
Exempt Organization Inflation Adjusted Items for 2021
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 2020 Form 1099-NEC
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.
Virginia Employment Laws Expanded to Require New Hire Reporting of Independent Contractors
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.
DCAA Audit Protocol during the COVID-19 Pandemic
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.