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An update on the tax policy landscape against inflation backdrop
The tax policy landscape in Washington remains unsettled as we approach the summer months, while inflation remains the dominant economic issue. Within the context, we look at what's currently on the legislative agenda for Congress.
Tips for Raising Financially Literate Young Adults
Parenting comes with many responsibilities, which include teaching children how to budget, save money, and make responsible financial decisions. In this video, we’ll cover six tips to help your children learn about saving, spending and investing.
Chart of the day: U.S. housing starts fall amid rising mortgage rates
Housing starts fell by 0.2% on the month to 1.724 million annualized, according to the U.S. Census Bureau.
Supreme Court sweeps away rule in tax collection due process practice
Internal Revenue Code section 6330(d)(1)’s 30-day time limit to file a petition for review of a collection due process case is not a jurisdictional deadline and is subject to equitable tolling.
The price of war: Risks around the inflation outlook
While we expect the annual inflation rate to peak this quarter as the comparisons to the lower levels of a year ago wear off, the risk of rising prices will remain.
Succession Planning for Nonprofits
Grooming future leaders and mapping out a succession plan in advance is one of the best ways to mitigate the risk of losing key personnel and prepare for the future needs and growth of an organization. This video offers tips and best practices for creating and implementing a succession plan for your nonprofit.
3 things to know before raising your prices
With rising prices proving to be stickier than expected, business leaders have been facing a challenge: how to set prices in a highly inflationary environment.
RSM US Supply Chain Index: Bracing for more disruptions
Widespread lockdowns in China and prolonged geopolitical conflict in Ukraine will most likely assure another round of supply chain snarls ahead.
Chart of the day: Manufacturing grew at a slower rate in April
Manufacturing grew at a slower rate in back-to-back months as labor shortages continued to hamper production while demand moderated from January's high.
FOMC preview: Rate hikes and balance sheet reduction are up next
Next week’s Federal Open Market Committee meeting will kick off an extraordinary two months of policy decisions by the Federal Reserve in which we expect the…
Chart of the day: U.S. home prices hit record in March
Sales of existing homes fell by 2.7% to 5.77 million in March, the lowest since July 2020, as rising mortgage rates dampened demand.
Interest rate update: Confidence in the Fed, but uncertainty over long-term growth
The Federal Reserve has started to normalize interest rates, lifting the short-term transaction cost off the zero bound. The result has been a 100-basis point…
The tax and trade implications of new legislation targeting Russia
A new law suspends Russia’s preferential trade status, and a separate proposal would deny foreign tax credits and certain deductions for U.S. companies earning income in Russia.
Nebraska enacts corporate and personal income tax rate cuts
Following up on corporate cuts made in 2021, Nebraska phases-in several years of both corporate and personal income tax rate reductions.
Accounting for obligations to safeguard crypto-assets
SAB 121 includes guidance for entities that have obligations to safeguard crypto-assets held for their platform users.