Videos and Articles

IRS announces new initiative aimed at high-income non-filers

IRS announces new initiative aimed at high-income non-filers

IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing.
Job openings inch down as economy stays on track for a soft landing

Job openings inch down as economy stays on track for a soft landing

Job openings cooled in back-to-back months to 8.86 million in January with December's figure revised down to 8.89 million from 9.03 million previously, according to the Bureau of Labor Statistics.
Master cost optimization in uncertain times

Master cost optimization in uncertain times

The need to optimize costs has never been more critical. These eight steps provide a road map for transforming your company's cost structure and maximizing value.
January inflation and spending data implies more noise than trend

January inflation and spending data implies more noise than trend

The Federal Reserve's closely watched measure of inflation, the personal consumption expenditures index, continued to show strength in January, rising by 0.3%
How real is the wealth effect in a bull market?

How real is the wealth effect in a bull market?

Using a back-of-the-envelope calculation, we estimate that the sharp rebound in equities last year contributed to an increase of roughly $900 billion in households' stock wealth, or $288 billion in consumer spending.
RSM US Manufacturing Outlook Index: Soft sentiment in an uneven recovery

RSM US Manufacturing Outlook Index: Soft sentiment in an uneven recovery

The slowdown in manufacturing continued into February, but at a slower pace, according to surveys conducted by regional Federal Reserve banks.
Builders look to capitalize on cautiously optimistic U.S. housing market forecast

Builders look to capitalize on cautiously optimistic U.S. housing market forecast

Easing interest rates and other factors signal a potential housing market rebound.
The IRS urges businesses to review ERC claims for 7 common red flags

The IRS urges businesses to review ERC claims for 7 common red flags

IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect.
Maximize Your Health Savings With an HSA

Maximize Your Health Savings With an HSA

Maximize your health savings account benefits and avoid unnecessary taxes and penalties. Discover the eligibility criteria, benefits, and how to effectively manage your HSA.
Tax relief bill passes House, faces uncertain fate in Senate

Tax relief bill passes House, faces uncertain fate in Senate

Tax legislation packaging the child tax credit and favorable business tax provisions moves to the Senate with momentum but an uncertain fate.
Strong job openings and consumer confidence point to robust employment gains

Strong job openings and consumer confidence point to robust employment gains

Job openings inched up to more than 9 million, surpassing expectations and reflecting strong demand in December.
Federal government contracting is an opportunity for minority business owners

Federal government contracting is an opportunity for minority business owners

Minority business owners have more opportunities than ever in the growing field of federal government contracting.
From partnerships to side gigs, who really owes self-employment taxes?

From partnerships to side gigs, who really owes self-employment taxes?

Explore the impact of a recent legal shift that broadens the scope of self-employment taxes, including limited partners and gig workers. Learn how everyday activities could land you in the self-employment tax bracket and how to avoid potential penalties.
Self-employed? Here’s how to pick between a SEP IRA and Solo 401(k) for your retirement

Self-employed? Here’s how to pick between a SEP IRA and Solo 401(k) for your retirement

Explore two popular retirement plans, SEP IRA and Solo 401(k), for the self-employed in this overview, focusing on their benefits, drawbacks, and the strategic considerations for choosing between them. Learn about higher contribution limits, flexibility, and tax advantages these plans offer. Get insight into which plan best fits your retirement goals and business structure.
Navigating the new DOL guidance on worker classification

Navigating the new DOL guidance on worker classification

The U.S. Department of Labor's new rule reinstates the "economic reality test" for distinguishing employees from independent contractors and underscores the significant legal and financial consequences of misclassification. This article provides an overview of the rule, its implications, and the steps employers must take to ensure their worker classifications are under the updated guidelines.