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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.
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.
Staying true to their core expertise
Outsourcing non-core functions gives businesses the ability to focus on customer service and business growth.
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).
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
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.