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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.
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.
IRS Releases Practice Unit Addressing Section 958 Constructive Ownership Rules
A new practice unit provides an overview of the section 958 rules that apply to determine a U.S. person’s ownership percentage in a foreign corporation.
Why the U.S. economy is not in a recession, and how to know when it is
The U.S. economy has yet to slip into a recession despite two consecutive negative quarters of growth.
What to expect at the end of business cycles
The Federal Reserve has a blunt yet effective instrument to fight inflation: raising the federal funds rate. But using it requires a delicate balancing act.
Service sector continued to expand in August
Service sector growth inched up in August, marking the 27th month in a row of expansion despite recession fears.
RSM US Manufacturing Outlook Index: Decline in new orders leads a slowdown
The RSM US Manufacturing Outlook Index indicates a slowing manufacturing sector.
Bringing it all together
Five employee experience (EX) best practices that improve the customer experience (CX)
How high must unemployment rise to tame inflation?
To reduce inflation to acceptable levels, it will be necessary to destroy between 1.7 million and 5.3 million jobs.
Private equity outlook raises investment considerations for family offices
Private equity outlook raises considerations for family offices in how they approach investing in the alternative markets.
The data dilemma
Data siloes and outdated systems can make it harder for employees to do their jobs—and hurt your employee experience.
The new corporate minimum tax: overview and highlights
The Inflation Reduction Act of 2022 imposed a new 15% alternative minimum tax on large corporations. Notably, the tax is based on a corporation’s financial statement income (with adjustments).
RSM U.S. Supply Chain Index: Back to normal for first time since pandemic hit
The U.S. Supply Chain Index in July was back above neutral for the first time in nearly three years, suggesting substantial relief coming from the supply-induced components of inflation.