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Is the economy headed for a recession? Jobless claims are saying yes.
Despite the labor market's resilience and persistently low claims compared to historical norms, the steady increases in claims since late last year are ringing alarm bells.
Common risks and opportunities audit committees should consider
These key risks and opportunities can help your audit committee see the power and potential of internal audit.
Fed pauses rate hikes while signaling a tightening bias
The Federal Open Market Committee on Wednesday kept its policy rate in a range between 5% and 5.25% while signaling that it will most likely hike the federal funds rate by 25 basis points at least twice before the end of the year.
Inflation relief in the pipeline as food, gas and service prices ease
Top-line U.S. inflation is moving back toward levels where it is appropriate for the Federal Reserve to pause in its efforts to restore price stability.
New guidance from IRS on correction of errors in qualified retirement plans
The IRS released Notice 2023-43 to provide interim guidance on plan correction changes under SECURE 2.0 until Rev. Proc. 2021-30 (EPCRS) is updated.
6 questions you need to ask about internal audit outsourcing
Faced with labor shortages and an unsteady economy, more organizations that used to perform internal audit functions in-house are turning to outsourcing.
The growing trend of pay transparency laws and their impact on employers
Are you up-to-date on the latest laws around pay transparency? This article highlights the key requirements and how to avoid common pitfalls. Gain insights into how pay transparency can benefit your business and attract top talent.
Financial red flags: a guide for nonprofit board members and directors
Protect your nonprofit organization from financial crises with these expert tips for board members and directors. Discover the warning signs of financial mismanagement and how to prevent them.
The Power of AI: Boosting Worker Productivity
Learn how Artificial Intelligence is transforming worker productivity and its impact on businesses and the labor market.
Hiring Your Child Can Help You Save Big in Taxes
Hiring your child for your business can lead to significant tax savings by shifting income, reducing taxes, and reducing FICA and FUTA obligations. However, it's crucial to follow employment laws and withhold appropriate taxes. Learn more about the benefits and rules for hiring your child.
Consumer confidence falls to six-month low
The top-line confidence level fell to 102.3 from an upwardly revised 103.7, the Conference Board reported on Tuesday.
The debt ceiling agreement and the financial health of the U.S.
The agreemen's impact on economic growth will most likely be negligible and will bring modest growth in overall spending over the next two years.
The Looming Debt Ceiling Crisis
As the U.S. approaches the debt ceiling deadline, the implications of not raising it grow more severe. This article delves into the potential consequences of a default and how it may affect the U.S. economy and financial markets.
Financing long-term care: a guide to Medicare, Medicaid, and asset preservation
Worried about how you or a family member will pay for long-term care? Look no further than this informative article, which covers all the ins and outs of Medicare, Medicaid, and asset preservation. With practical tips and expert advice, you'll be well-equipped to make the right decisions for your unique situation.
Decoding the Family and Medical Leave Act: A Look at Employee Thresholds and Leave Provisions
Do you know if your employees are eligible for FMLA leave? In this article, get the inside scoop on the employee thresholds and leave provisions.