In today’s volatile market conditions, it’s important to review your accounts receivable ledger and consider writing off stale, uncollectible accounts. The methods that you’ve used in the past to evaluate…
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While the recently announced student loan debt relief has captured numerous headlines, it’s estimated that another federal relief program announced on the same day will provide more than $1.2 billion in…
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You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce inflation in the near future,…
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The Financial Accounting Standards Board (FASB) could have congressional lobbyists nipping at its heels over a “book minimum tax” rule in the newly enacted Inflation Reduction Act of 2022 (IRA).…
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TAX ALERT | August 25, 2022 Authored by RSM US LLP Executive Summary The IRS released Notice 2022-36 providing relief for certain taxpayers from certain failure to file penalties and…
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ARTICLE | August 25, 2022 Authored by RSM US LLP Tax increases and IRS funding commitments in the Inflation Reduction Act of 2022 are intended to affect larger corporations and…
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