VPTax News & Content
Welcome to the world of all things tax. Instead of stuffy, hard to understand articles we have curated news and content that is up-to-date and easy to read. Filter by category, topic, or most recent. We want to share our knowledge with YOU so you can have the tools to help your business grow!
Digital asset tax: Key concerns companies must consider
Bennett Moore, RSM director and national leader of the Blockchain and Digital Assets Center of Excellence, talks security and privacy for digital assets companies.
FAQ: Capitalization and amortization of R&D costs under new section 174 rules
See how the new required tax treatment of R&D costs under section 174 affects federal, state, and international taxes, as well as software development.
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M&A considerations resulting from the new required tax treatment of R&D costs
(authored by RSM US LLP) New requirements to capitalize and amortize R&D costs are affecting M&A buyers by introducing costs and tax liabilities.
ASC 740: Q1 2023 Provision Considerations
(authored by RSM US LLP) A roundup of global income tax considerations and changes in tax law for corporations preparing income tax provisions under ASC 740 for the first quarter of 2023.
R&D continues its losing streak in court
(authored by RSM US LLP) IRS continues to win cases challenging the research and development (R&D) credit. Specificity and supporting documentation remain tantamount to sustaining R&D credits.
South Dakota drops Wayfair transaction threshold
(authored by RSM US LLP) First state to adopt economic sales tax nexus eliminates 200-transaction threshold providing remote sellers more certainty in determining nexus.
Income tax provision considerations for financial statement preparers
(authored by RSM US LLP) Financial statement preparers should consider the impact of new tax laws and regulations on income tax calculations and disclosures in their 2022 financial statements.
