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Inflation is cooling, but key costs pose a challenge for food and beverage companies
Middle market food and beverage companies developing growth strategies will continue to navigate a challenging cost environment.
Inflation slows again, pointing to another rate pause
The personal consumption expenditures price index, the Federal Reserve's favorite inflation metric, was unchanged on the month, while the core measure rose by 0.
U.S. existing home sales plunged to their lowest level since 2010
In October, sales of existing homes dropped to 3.79 million, marking the lowest point since 2010, the National Realtor Association reported on Tuesday.
IRS issues guidance on the transfer of clean vehicle credits
The IRS and the Treasury Department have released guidance on how buyers can transfer clean vehicle credits to dealers at the time of purchase.
Are ESOPs a good fit for business and professional services (BPS) companies?
ESOPs can be advantageous to BPS companies, but their success ultimately depends on several key factors - culture, messaging and ownership goals.
4 pitfalls of using multiple human resources information systems
Managing data across multiple HRIS platforms doesn't have to be as daunting as it sounds, but there are four pitfalls to avoid.
How states can address evolving privacy laws
With the recent rise in U.S. state privacy laws, state entities should take necessary measures to maintain public confidence and trust.
Exempt organization inflation adjusted items for 2024
Rev. Proc. 2023-34 provides annual inflation adjustments for tax year 2024, including those relevant to exempt organizations.
In wake of bank failures, FDIC doubles down on corporate governance
The FDIC has proposed guidelines on corporate governance and risk management practices for banks with $10 billion or more in assets.
Consumer sentiment falls to lowest level since May
The University of Michigan's consumer sentiment index dropped unexpectedly in November to the lowest level since May as inflation concerns mounted.
Supreme Court tax case could have outsized ramifications on income taxation
The Supreme Court's ruling in Moore v. United States could reshape Congress' authorization to tax income.
Two Estate Planning Strategies to Help Protect Wealth
A goal of estate planning is to maximize the wealth that is passed on to one's heirs. In this video, we'll discuss how a Spousal Lifetime Access Trust and an Irrevocable Life Insurance Trust may help you minimize estate taxes and protect wealth.
U.S. October jobs report: Moderation in hiring as wage gains outpace inflation
The economy added 150,000 jobs in October with the unemployment rate at 3.9%, the Bureau of Labor Statistics reported on Friday.
IRS releases 2024 retirement plan limitations
Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.
New proposal aims to boost electric vehicle purchases through tax credits
Starting in 2024, tax credits for electric vehicles could be transferred to dealers, reducing the vehicle's purchase price. The proposal aims to expand EV adoption by offering immediate financial benefits and broadening the pool of eligible consumers.