Professional Services
Today’s Professional Services Industry Prioritizes Its Professionals: Do You?

Today’s Professional Services Industry Prioritizes Its Professionals: Do You?

Recent years have seen a surplus of headlines forecasting and preparing for a post-2020 work environment. Companies continue to face COVID-19 concerns in 2022. The reality is professional services firms face new and continued challenges that include navigating the tax implications of various work arrangements and attracting and retaining talent amid shifting labor trends.

4 Tips for Working With a Resource-Constrained IRS

4 Tips for Working With a Resource-Constrained IRS

Federal tax professionals working to resolve issues with the IRS can attest to the multifaceted impacts of the agency’s resource constraints on taxpayer service. The following are some suggested best practices for dealing with the IRS in the current environment.

Debt Refinancing Transactions: Tax Issues and Opportunities

Debt Refinancing Transactions: Tax Issues and Opportunities

Debt is an important component of any company’s capital structure since it creates leverage to fund growth without raising capital for every expansion. Although interest rates continue to be historically low, concerns about their potential rise have caused many companies to consider refinancing existing indebtedness to “lock-in” current rates.

Plan Sponsor Alert: Revisiting De-Risking Options

Plan Sponsor Alert: Revisiting De-Risking Options

Thanks to better returns and an uptick in discount rates used to value plan liabilities, the funding status of many defined benefit plans has improved to some of the highest levels since the Great Recession.