Private equity fund 2021 year-end global updates
This alert covers certain key 2021 global developments that may impact tax planning with respect to private equity funds in 2022.
Smile! New IRS identity verification process requires a selfie
The IRS is tackling identity theft by using ID.me verification technology to guard access to online services.
Manage supply chain disruption with inventory optimization
RSM can help manufacturers make the most of limited inventories with inventory optimization strategies. Read more.
Congress open to considering a pause on automated tax notices
National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.
National Taxpayer Advocate provides 2021 annual report to Congress
The Taxpayer Advocate Service highlighted 10 major IRS problems affecting taxpayers and made several recommendations to mitigate the issues.
The Real Economy: January 2022
The $1.2 trillion Infrastructure Investment and Jobs Act will have the potential to lift economic growth above the current rate of 1.8%.
U.S. households are drawing down savings as the economy booms
After building up prodigious savings during the pandemic, American households are starting to spend that cash.
Proposal: Disclosure of supplier finance program obligations
A proposed FASB ASU would require a buyer that uses a supplier finance program to disclose certain information about the program.