Trusts are powerful estate planning tools, but not all trusts are created equal. In this video, we break down the key differences between revocable and irrevocable trusts, including control, tax treatment, creditor protection, and long-term planning implications. Whether you’re building a basic estate plan or preserving multigenerational wealth, understanding these two foundational trust structures is essential.
Think you know how capital gains work? Think again. Here are 4 surprising capital gains mistakes investors make—and how to avoid a surprise tax bill.
Not all grant funding is good funding. Before accepting that next grant offer, nonprofits must carefully evaluate hidden costs, administrative burdens, and mission alignment to avoid turning financial support into an organizational liability.
Despite the perception that grant writing is a lottery with slim odds, strategic nonprofits are transforming their approach to funding. With proper systems and relationship-building, organizations can significantly improve their success rates.
Understand how your state conforms to the new OBBB provisions and learn how to update your tax strategy to maximize savings.
Explore the impact of expiring Premium Tax Credits and what consumers should do to prepare for changing health insurance costs.
Compliance solutions that empower government contractors to excel in a competitive federal landscape.
RSM US has published its 2025 nonprofit industry lookback report. Learn more about the firm’s impact on the nonprofit sector.
Learn the key differences between U.S. GAAP and tax-basis accounting for real estate, including revenue recognition, depreciation, lease accounting, debt treatment and lender expectations.
This Financial Reporting Insights is intended to be used as a resource in understanding and analyzing the accounting for uncertainty in income taxes recognized in an entity’s financial statements.