Insights

U.S. October jobs report: Strong growth as labor market remains tight

U.S. October jobs report: Strong growth as labor market remains tight

Total employment increased by 261,000 jobs in October, which brought the total gain in employment this year to 4 million positions.
Year-End Tax Planning Tips for Individuals

Year-End Tax Planning Tips for Individuals

Have you taken the time to evaluate your personal tax situation for 2022? Fortunately, the federal income tax rules haven't changed much from last year — and it appears that no major last-minute changes are in the works. So, you can plan with more certainty this year than in some past years. Here are several strategies to consider implementing before year end.
Cash In on Corporate Deductions for Charitable Donations

Cash In on Corporate Deductions for Charitable Donations

Charitable giving isn't just for individuals. Businesses can donate, too — and reap significant tax savings.
How Your Nonprofit Can Break Bad Budget Habits

How Your Nonprofit Can Break Bad Budget Habits

Autumn is here and many not-for-profits are starting to think about their 2023 budgets. If your budget process is on autopilot, you might want to pause and think about changing things up this year — particularly if you've experienced recent shortfalls or found your budget to be less resilient than is ideal. Here's how to rethink budgeting.
Lost Your Tax-Exempt Status? How to Regain it.

Lost Your Tax-Exempt Status? How to Regain it.

So you forgot to file your not-for-profit's Form 990, 990-EZ or 990-N with the IRS. It can happen — particularly with newer organizations that are still trying to get a handle on all the financial and regulatory requirements of running a nonprofit.
5 best practices for post-IPO business performance

5 best practices for post-IPO business performance

Five best practices to help a post-IPO business maximize its productivity and avoid costly missteps after completing the IPO process.
Partial liquidations: The forgotten section 302(b) redemption category

Partial liquidations: The forgotten section 302(b) redemption category

Corporations may want to distribute proceeds from the sale of a business to their shareholders. Is such a distribution a dividend, capital gain, or nontaxable to the holder?
RSM US Manufacturing Outlook Index: Continued signs of a slowdown

RSM US Manufacturing Outlook Index: Continued signs of a slowdown

Our composite measure of manufacturing activity shows that the decline has reached more than 1.6 standard deviations below normal.
Job openings and manufacturing production grow more than expected

Job openings and manufacturing production grow more than expected

Job openings came in hotter than expected in September, suggesting that the imbalance in the labor market will take longer to resolve than originally anticipated.
As recession looms, middle market businesses face new era

As recession looms, middle market businesses face new era

The U.S. economy faces a recession over the next 12 months, as the Fed raises rates to tame inflation, says RSM Chief Economist Joseph Brusuelas.
Business tax considerations amid economic headwinds

Business tax considerations amid economic headwinds

Tax considerations to help your business fight economic factors that could lead to a recession.
Tax enforcement based on economic substance may increase

Tax enforcement based on economic substance may increase

The IRS may be increasing assessments of tax and penalties on economic substance grounds.
Independence for auditing employee benefit plans updated

Independence for auditing employee benefit plans updated

DOL has issued an interpretive bulletin updating independence requirements for audits of employee benefit plans.
FASB proposes enhanced segment reporting disclosures

FASB proposes enhanced segment reporting disclosures

FASB is looking for comments on proposed changes to a company’s disclosures on its reportable segments and reportable expenses.
Is outsourcing the answer to your hiring dilemma?

Is outsourcing the answer to your hiring dilemma?

Answers to the top 8 questions middle market businesses have around outsourcing and managed services.