IRS halts employee retention credit processing

IRS halts employee retention credit processing

< Back to the Resource Gallery IRS halts employee retention credit processingARTICLE | September 15, 2023Authored by RSM US LLPExecutive summary: ERC moratoriumOn Sept. 14, the IRS announced it will stop processing any new employee retention credit (ERC) claims...
IRS rules on treatment of cryptocurrency validation rewards

IRS rules on treatment of cryptocurrency validation rewards

< Back to the Resource Gallery IRS rules on treatment of cryptocurrency validation rewardsARTICLE | August 09, 2023Authored by RSM US LLPExecutive summary: IRS guidance states blockchain validation awards are income upon receipt; guidance is already subject to...
Cost recovery, losses and R&D

Cost recovery, losses and R&D

< Back to the Resource Gallery Cost recovery, losses and R&DARTICLE | August 08, 2023Authored by RSM US LLPRecent tax accounting methods guidance may assist with tax planning ideasWith the second quarter in the rearview mirror for calendar-year companies, we enter...