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Preparing Your Business for a Recession
A recession can be challenging for any business. However, business owners can take steps to prepare for a recession and position their companies for growth as the economy recovers. In this video, we'll provide six tips to help you and your business prepare for a recession.
Fed announces largest rate hike in nearly three decades as it seeks to restore price stability
The Federal Reserve lifted its federal funds policy rate to a range between 1.5% and 1.75% on Wednesday as it moves to restore price stability over the medium term.
Updated FOMC call: Fed to hike policy rate by 75 basis points
We expect the Federal Reserve on Wednesday to raise its policy rate by 75 basis points to a range between 1.25% and 1.50%.
IRS increases mileage rates for the remainder of 2022
The IRS provides some relief amid rising gas prices with an optional increase to the standard mileage rate for business travel.
Oil prices and price gouging: Deconstructing the price of gas
The impact of global market forces like the war in Ukraine and OPEC far outweighs whatever influence retailers or refiners have on the prices that consumers pay…
Are inventory levels too high?
Consumer goods companies are beginning to rethink current inventory positions as they plan for back-to-school and winter holiday seasons.
Inflation and gross margins—who is winning? Part 1: The transportation sector
RSM took a detailed look at gross margins across different peer groups in the industrials sector to see how each has fared during this time of high inflation.
Income tax, Charitable, and Estate Planning for Digital Assets
Considering the income tax, charity and estate planning implications of digital assets, such as crypto, can minimize tax burden, comply with evolving regulations and pursue personal wealth goals.
U.S. May jobs report: Robust gains in total employment as wage increases ease
American firms continued to hire workers at a torrid pace in May to meet strong demand amid a historically tight labor market and 8.3% inflation.
Ransomware: Protecting your business against evolving risks
Ransomware attacks are increasing and threatening organizations of all sizes. The RSM cybersecurity report reveals new ransomware data.
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.
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.
Increased demand lifts defense technology companies amid inflation and supply chain issues
Defense technology companies are battling inflation and supply chain disruption, but growing international demand and innovation are driving investment.
Initial jobless claims rise to 16-week high
Initial filings for jobless benefits last week reached 218,000—the average level in 2019—from a downwardly revised 197,000 in the prior week.
Chart of the day: U.S. existing home sales fall again as rates rise
Sales of existing homes fell for the third straight month as the housing market continued to cool off amid steep mortgage-rate increases.