The SECURE Act of 2019 brought big changes to the retirement world, including the taxation of inherited retirement accounts.
Read MoreMay sports betting saw a continuation of the recent trends where we have lower seasonal handle through 16 of our 18 mature competitive states, but substantial increases from year-over-year comparisons. These increases are increasingly concentrated in the top few operators.
Read MoreTax has remained in focus at all levels over the past several years. Included in this update are state and local tax highlights to be aware of in Missouri, Kansas, Illinois, and Tennessee, some of which may present refund opportunities depending upon your location and operations.
Read MoreApril sports betting handles in our universe of mature and competitive states were down from March following typical seasonality as NCAA basketball tournaments consistently drives a spike in handle that makes for the strongest non-football month of the betting calendar.
Read MoreRubinBrown analyzed the financial statements for institutions with a fiscal year ending in 2023 and who filed final reports with the Federal Audit Clearinghouse through March 31, 2024 and noted a few trends:
Learn more & registerCollege basketball was the marquee attraction as sports betting continued its momentum in March. Overall handle of states operating in March of 2023 and 2024 saw a year over year (YoY) increase of 14.8%, with New Jersey making a significant recovery from February’s decline with a $303m/29.6% YoY increase.
Read MoreThough the pandemic becomes more of a memory each year, some related incentives such as the Employee Retention Credit (ERC) remain in the spotlight.
Learn more & registerThe completion of February’s Super Bowl officially brings the NFL betting season to a close. As the largest single betting event of the year, the Super Bowl’s impact on monthly totals is significant
Read MoreAs of April 17, 2024, the Federal Audit Clearinghouse shows over 213 higher education institutions have claimed the Employee Retention Credit (ERC) for a total of approximately $719 million.
Learn more & registerLearn all about the NIST cybersecurity framework 2.0 and how it can help organizations manage cybersecurity risk effectively. Get the latest updates from the National Institute of Standards and Technology.
Read MoreWith the first month of the year now fully reported, things appear to be stabilizing on the RubinBrown SBI. We note the state of New Jersey had another blockbuster month with $1.7bn handle, the highest one month handle ever outside of New York.
Learn more & registerThe Payment Card Industry Security Standards Council implemented version 4.0 of the Payment Card Industry Data Security Standards (PCI DSS) on March 31, 2024. The previous version (3.2.1) is now retired and cannot be used.
Read MoreOn February 20, 2024, the United States Tax Court 162 T.C. 3 held in favor of the taxpayer and concluded that tax-exempt bond issuance and related financing costs incurred in connection with the development of Low-Income Housing Tax Credit (LIHTC) properties that are allocable to the construction period, are costs of a nature that would be included in LIHTC eligible basis.
Read MoreThe Corporate Transparency Act (CTA), which mandates new Beneficial Ownership Interest (BOI) reporting to FinCEN, has been ruled unconstitutional by a federal district Court in Alabama.
Learn more & registerAlmost 3 months into 2024, we can finally close the books on 2023 with the last few states finally reporting their December sports betting results. In contrast to the continued growth of top line handle and revenues, our SBI shows a relatively flat marketplace. We find that much of the growth has been aided by factors including a strong overall economy, the addition of new markets, and the maturing of markets which opened in 2022.
Learn more & registerWith the eyes of the sports world about to turn its gaze onto Las Vegas for the upcoming Super Bowl, we use our SBI to take a closer look at the state of sports betting in Nevada
Learn moreThe tax bill currently working its way through Congress passed the House of Representatives on Wednesday evening with a bipartisan 357-70 vote. While this is a big win for the bill’s progress, it still has to clear the Senate, who may delay its movement by debating on changes.
Read MoreRubinBrown's Sports Betting Index was created to compare state sports betting activity in a way that goes beyond merely reporting gross handle or revenue.
Read the full Sports Betting IndexThe Missouri Qualified Research Expense Tax Credit is a program designed to encourage research and development within Missouri. Recently released program guidance provides information on the application process and further program details.
Read MoreThis publication is published by RubinBrown's Entrepreneurial Services Group and provides guidance regarding the handling of compensation and fringe benefits.
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