Exiting your business, whether through sale or succession, can be fraught with stress. However, some of that anxiety can be alleviated by addressing 10 missteps business owners often make. 1. Being too emotionally attached to the business It is understandable that business owners have an emotional attachment to their businesses. After all, they have typically…

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RSM previously issued a tax alert about the recent changes in IRS procedures with regards to the new verification process when authenticating third party representatives who are contacting the IRS’ practitioner priority service (PPS) line on behalf of their clients. The prior tax alert was based on RSM’s experiences when dealing with the PPS line….

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Now that we are in the middle of the summer and busy with summer activities, you may or may not have heard that the 2017 Oregon legislative session has ended. Is some ways it has been a busy year for the Oregon legislators. Below is a summary of the significant business law changes, as well…

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Tax Scams

Tax scams have been increasing in number and complexity over the years. The IRS has seen an approximate 400 percent surge in phishing and malware incidents so far in the 2016 tax season. These scams have the intent of getting payment or information from taxpayers. Some of the latest methods include: Tax payments through iTunes…

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2016 Housekeeping

Now that 2016 is coming to a close,  it is time to start thinking about 2017 and all that comes with the new year.  Below is a summary of housekeeping items to keep in mind for the upcoming year. Filing Requirements for 2016 forms in 2017 Form 1099s – Be sure to review your records…

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