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U.S. Year ahead: Recession on the Horizon

U.S. Year ahead: Recession on the Horizon

Our baseline forecast for the American economy next year calls for a mild recession by the second half of the year as the impact of higher interest rates sets in.
Customer engagement technology selection guide for the middle market

Customer engagement technology selection guide for the middle market

With multiple options on the market, learn how to make the right CRM or customer engagement technology selection for your company.
Cybersecurity considerations and trends for boards and audit committees

Cybersecurity considerations and trends for boards and audit committees

Boards of directors can strengthen cybersecurity at their organizations by understanding trends and taking action accordingly.
Independent Contractor or Employee? The Distinction Matters

Independent Contractor or Employee? The Distinction Matters

Sometimes, the IRS and employers clash over the classification of workers as independent contractors or employees. That's because if workers are employees, their employers have multiple responsibilities, including to withhold taxes and provide benefits. But classifying workers can be tough — and mistakes can be costly.
The Audit is Over. Now What?

The Audit is Over. Now What?

Whew! That's probably your reaction when outside experts announce that their audit of your not-for-profit is complete. But even if auditors have left your premises and returned the documents they've reviewed, the work isn't really over. Not only do your executive director and board need to review the audit report, but it may be necessary to address auditor concerns by making changes to your organization.
What do the latest job numbers say about the health care sector?

What do the latest job numbers say about the health care sector?

According to the latest nonfarm payroll report by the Bureau of Labor Statistics, health care added 44,700 jobs, exceeding our earlier estimate of 40,000.
U.S. jobs report: Rising wages pose a problem as hiring remains strong

U.S. jobs report: Rising wages pose a problem as hiring remains strong

Average hourly earnings increased by 5.1% on a year-ago basis and by 0.6% on the month in addition to being revised higher in October.
Spending holds strong as inflation moderates in October

Spending holds strong as inflation moderates in October

Spending rose by 0.8% in October while income increased by 0.7%. After adjusting for inflation, real spending rose by 0.5% and income was up by 0.4%.
Manufacturing sector nears contraction

Manufacturing sector nears contraction

The ISM's manufacturing index slowed to 49%, barely above the contraction threshold at 48.7%. It was the third straight decline as demand for manufactured goods stalled.
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout

RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout

Our composite measure of manufacturer surveys conducted by five regional central banks indicates that manufacturing activity remains at 1.6 standard deviations below normal.
Job openings and quits continue to moderate

Job openings and quits continue to moderate

There remained 1.7 job vacancies per unemployed worker, significantly higher than 2019's average of 1.2.
Ninth Circuit reverses IRS win in $35 million partnership adjustment

Ninth Circuit reverses IRS win in $35 million partnership adjustment

The Ninth Circuit Court of Appeals reversed the United States Tax Court on the issue of what constitutes a filed partnership return.
How Can Small Business Owners Lower Taxes for 2022?

How Can Small Business Owners Lower Taxes for 2022?

Good news: There's still time for small businesses to make some tax-smart moves between now and year end to lower their federal income tax bills this year. Plus, there probably won't be any significant unfavorable federal tax changes that will take effect in 2022. That means you can plan with greater certainty this year than last year. Here are some ideas to consider before New Year's Eve
Reflections from 2022 and a look forward for the health care industry

Reflections from 2022 and a look forward for the health care industry

As the calendar year wraps, it's time for health care organizations to reflect on challenges this year as well as what to focus on for the coming year.
4 ways nonprofits can drive mission impact

4 ways nonprofits can drive mission impact

Learn four key strategies that can help nonprofit organizations enhance their effectiveness and increase their mission impact.