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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.
Chart of the day: Industrial production hits record
The Federal Reserve's index for industrial production volume rose by 0.8%, the fourth consecutive month of strong expansion.
U.S. retail sales: A solid month of growth
Retail sales in the United States rose by 0.9% in April from a month earlier, the U.S. Census Bureau reported on Tuesday.
Steady optimism belies labor challenges and expensive materials
AEC firms are coping with rising costs and extended project timelines by looking to digital solutions.
A back-office transition puts a family office on a path to digital transformation
Back-office transition planning for a family office move that involves relocating the accounting function calls for thoughtful change management to avoid potential risks.
The Reputable Tax Preparer
Recent law changes (including those resulting from COVID-19) continue to add to an uncertain and complex tax world. With the Internal Revenue Service (IRS) contending with significant backlogs, taxpayers are often left struggling to find the help they need.
New adjustment factor and reference price for oil and gas incentives
IRS Notice 2022-17, IRS Notice 2022-18 and IRS Notice 2022-19 provide adjustment factor and reference price for enhanced oil recovery, marginal well credit and percentage depletion for marginal wells.
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.
What you need to know about state inheritance & estate taxes
Many people are aware of the federal estate tax, but few realize that certain states also levy estate and inheritance taxes on the assets one leaves behind. Learn about which states impose taxes, what the tax rates are, and how they may affect your estate planning.
BSA/AML and OFAC risk assessment: Best practices for financial organizations
BSA/AML and OFAC risk assessments can help alleviate concerns for financial organizations. Develop a strategy for BSA/AML and OFAC compliance.
FOMC decision: Policy, price stability and balance sheet strategy
The Federal Reserve on Wednesday showed that it intends to achieve price stability, maximum sustainable employment and long-term growth despite the risk of a…
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.
The changing consumer: Tighter budgets and a shift to services
As inflation continues to rise, consumers must devote more of their monthly budgets to fixed costs like groceries, rent and energy.
The illusion of inventory and price controls
With inflation at 8.5% and risks of another energy price shock the impulse of policymakers to take more action is rising.
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.