At Insero, we make it our business to stay abreast of the latest trends and technical updates in accounting, tax, and audit and we understand how important timely updates are to our clients. As a member of the McGladrey Alliance, we also have the benefit of access to the resources and subject matter experts of RSM US LLP (formerly known as McGladrey LLP). This includes regular updates on the latest federal, state, and international tax news. We hope that you find these informative and useful, and invite you to reach out to us if you have any questions.

5 myths that keep companies from filing for WOTC
Mistaken ideas about the Work Opportunity Tax Credit (WOTC) keep many employers from realizing tax savings.
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The future of carried interest?
Carried interest is always a hot topic in partnership taxation. Is change coming and, if so, what might it look like?
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Minnesota Supreme Court upholds partial MTC repeal
Minnesota Supreme Court holds the enactment of the MTC did not create a contract prohibiting the state from partially repealing the law.
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What’s the deal with sales and use tax on remote purchases?
Growth in remote purchasing has states seeking ways to collect the sales tax funds they are due, holding both retailers and consumers responsible.
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Tax planning for high net worth individuals immigrating to United States
Understand the U.S. income, gift and estate tax exposures of immigrating to the United States.
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BEPS will mean higher costs and uncertainty for middle-market companies
A 2016 survey commissioned by RSM and conducted by Euromoney Institutional Investor found middle-market companies face major impact from BEPS.
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Research tax credit limitations for partners and S corporation shareholders
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IRS addresses deferred revenue treatment in taxable stock acquisition
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Source: RSM US LLP
Used with permission as a member of the McGladrey Alliance
http://rsmus.com/our-insights/newsletters/tax-digest.html

Disclaimer

As always, we hope you enjoy this edition of our newsletter and we look forward to receiving your feedback. Should you have any questions regarding the information contained in the attached materials or our service offerings, please contact us directly.