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5 things to know in life sciences: Week of Sept. 19
From high-priced drugs to a complex labor market, each week we highlight five things affecting the life sciences industry.
California to allow unclaimed property voluntary compliance program
California has authorized an unclaimed property voluntary disclosure program allowing eligible holders to eliminate the 12% interest rate typically charged for non-compliance.
Consumer sentiment rises to highest level since May
Consumer sentiment improved to 59.5 in September as inflation concerns eased, according to the University of Michigan's index.
Staying true to their core expertise
Outsourcing non-core functions gives businesses the ability to focus on customer service and business growth.
Economic headwinds: Consumer products
The impact of inflationary pressures on consumers and their willingness to spend has left many consumer products companies holding bloated inventory levels.
The dollar’s reign will continue amid a global flight to safety
Several factors are fueling the dollar's surge, including rising rate differentials, a global move to the dollar and escalating geopolitical tensions.
The talent gap survey
The top four findings from a talent gap research survey commissioned by RSM and solutions for overcoming the talent gap challenges companies are facing.
U.S. August CPI: Core inflation arrives hot even as gas prices fall
Premature calls for the Fed to pause its campaign to tame inflation should be politely dismissed given the 0.1% increase in top-line inflation in August.
Avoid IRA Rollover Tax Traps
An IRA rollover is usually a tax-smart move if you leave your job. But you should be aware of certain federal tax pitfalls — and how to avoid them. In most situations, it's advisable to arrange direct transfers from company plans into IRAs. But there are some exceptions. Here's important information to consider if you're contemplating rolling over any sizable amount from your employer's qualified retirement plan(s).
Where are all the workers?
Discover the most compelling findings from RSM’s recent survey of middle market leaders regarding the talent gap.
Drive a competitive advantage for your business services firm through IT outsourcing
This article discusses how business services companies can drive a competitive advantage through IT outsourcing.
Nonprofit Finance and Accounting Outsourcing (FAO)
Learn about Vasquez Finance and Accounting Outsourcing (FAO) services and how we bring value to our clients. We enable nonprofit organizations to scale finance and accounting resources as needed instead of hiring, training, and paying salaries and benefits of full-time employees.
IRS delays caused employers to wait on needed COVID tax credit relief
Congress passed multiple pieces of legislation aimed at providing relief to employers struggling due to the pandemic. A new Treasury Inspector General for Tax Administration (TIGTA) report finds that ongoing IRS processing delays are causing businesses to wait on COVID-related credits claimed on Forms 941-X. The report states that as of Feb. 1, 2022, there were 447,435 Forms 941-X waiting to be processed.
Initial jobless claims drop to lowest level since May
The labor market showed continuing strength as last week's new filings for jobless claims fell for the fourth week in a row.
Middle Market Business Index
Business conditions in the American real economy imply no recession in the third quarter as the middle market remains on a path for growth.