Learn how to identify early signs of fraud and apply best practices in an internal investigation to reduce the financial impact of fraud.

IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code.

Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.

Decision addressing corporate sourcing rules to brokerage commissions and certain financial receipts provides insight under proposed regulations.

North Carolina passes budget almost three months after fiscal year begins with new taxes, accelerated tax cuts and other taxpayer-friendly provisions.

The third quarter of 2023 saw significant developments in state tax laws that will impact companies’ current and deferred tax provisions. North Carolina’s legislature approved another round of individual and corporate tax reductions in late September. Individual taxpayers should see lower NC tax rates beginning in 2024 and NC’s corporate franchise tax will be capped. There’s also new administrative guidance from South Carolina on the tax treatment of remote workers. This quarter also brings positive news for business taxpayers in Ohio and Texas.

In the complex world of mergers and acquisitions (M&A), a sell-side Quality of Earnings (QoE) report plays a crucial role in determining a company’s financial health and sustainability of its earnings. Far from being an unnecessary expense or an added complexity, a QoE report is a powerful tool that can provide key insights to both potential sellers and buyers, streamline the transaction process, and help maximize sale value.

ERC submissions are under scrutiny by the IRS due to a surge in questionable claims. Are you confident your claim meets the eligibility requirements and can stand up to a potential audit?

The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.

IRS grants disaster relief to hurricane victims in South Carolina. Affected taxpayers have until Feb. 15, 2024, to file returns and make payments.

Despite these risks, industrial policy has arrived, and it is most evident in manufacturing construction.

Notice 2023-62 provides an administrative transition period for Roth catch-up contributions to high-income individuals.

This article discusses estate planning and tax considerations after the sale of a business interest or other liquidity event, including common strategies to reduce estate tax and meet charitable giving goals.

For the construction industry, the need for contech adoption will continue to increase amid an influx of projects and skilled labor shortage.

For businesses considering reshoring manufacturing from China, here are critical questions to answer first.

Notice 2023-55 provides taxpayers temporary relief from new foreign tax credit rules.

Family offices emerge as real estate investment power players as institutional investors pull back amid continued uncertainty.

Estate planning tips to help you avoid common pitfalls and safeguard your wealth and legacy.

IRS guidance addresses full or partial suspensions of operations due to supply chain disruption for ERTC and erroneous ERTC refunds.

Notice 2023-54 provides transition relief and guidance relating to certain required minimum distributions based on SECURE 2.0 changes.

In the complex world of mergers and acquisitions (M&A), a sell-side Quality of Earnings (QoE) report plays a crucial role in determining a company’s financial health and sustainability of its earnings. Far from being an unnecessary expense or an added complexity, a QoE report is a powerful tool that can provide key insights to both potential sellers and buyers, streamline the transaction process, and help maximize sale value.

By minimizing your business’s tax exposure and reducing risk, you can maximize cash flow and overall profitability.

This article will focus on the credits that affect the real estate industry. Prior articles include the Act’s impact on the clean fuels industry, manufacturers and excise taxes, automotive industry and the tax-exempt sector. While many questions remain on the implementation of these new incentives, Treasury is busy drafting additional guidance and has requested comments from affected stakeholders.

A summary of state and local income tax updates enacted during the quarter ending June 30, 2023, which may impact current and deferred tax provisions

Rising interest rates put a spotlight on cash management for construction contractors looking to reduce liquidity risk.

IRS and Treasury release guidance regarding the monetization of certain clean energy tax credits through direct pay and transferability

The IRS released Notice 2023-43 to provide interim guidance on plan correction changes under SECURE 2.0 until Rev. Proc. 2021-30 (EPCRS) is updated.

SECURE 2.0 expanded the Employee Plans Compliance Resolution System (EPCRS) to enhance the operational feasibility of qualified plans.

New requirements to capitalize and amortize R&D costs are affecting M&A buyers by introducing costs and tax liabilities.

Residential construction sees a favorable long-term outlook despite ongoing challenges affecting the housing market.

Employers that understand SECURE 2.0’s new requirements and the pros and cons of adopting optional provisions can implement the act effectively.

The IRS and U.S. Treasury issues proposed regulations regarding the application of the reinstated Superfund tax on enumerated chemicals and imported substances.

Learn how the amendments to FINRA Rule 2231 will impact broker dealers and the operations, compliance, and legal functions of their business.

In our 2022 construction industry outlook, we explore what’s ahead for middle market business leaders.