Energy pushes inflation higher but core prices remain grounded
Consumer inflation in August posted the biggest monthly increase in more than a year, driven mostly by the surge in oil and energy prices.
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Why the Fed should lift its 2% inflation target
We expect the Fed to hold its policy rate steady at 5.25% to 5.5% at its meeting next week and would advise the Fed to begin shaping expectations about a likely...
Determining Reasonable Compensation for S-Corp Owners
As an owner of an S-Corp, understanding the concept of reasonable compensation is crucial for tax planning and compliance. Learn about the IRS's reasonable compensation rules for determining how much should be taken in the form of wages versus pass-through income.
Why the Cost of Customer Acquisition Is So Important
For any business, understanding and effectively managing the cost of customer acquisition is crucial for success. In this video, we'll explain what it is, how it's calculated, and how it affects a business's profitability, cash flow, and overall growth.
The 3 pillars of artificial intelligence: How AI will reshape business and the economy
Understanding what AI can bring to businesses is critical. What we call the three pillars of artificial intelligence will have profound implications for businesses and the economy.
Initial jobless claims fall to lowest level in seven months
Initial jobless claims dropped to 216,000 last week, the fewest since February, according to data from the Bureau of Labor Statistics.
Service sector growth in U.S. reaches a six-month high
The service sector grew faster in August on the heels of a surge in summer spending, the Institute for Supply Management reported on Wednesday.
IRS announces transition relief for RMDs following the SECURE 2.0 Act
Discover how the IRS is providing much-needed relief for Required Minimum Distributions (RMDs) in light of the SECURE 2.0 Act. Learn about the new transition rules that could potentially benefit retirees and their tax planning strategies.
Where to form your LLC: a strategic guide for state selection
Choosing the right state for incorporating your LLC can significantly impact your business financially and legally. This article explores the key factors to consider, including annual fees, taxes, owner privacy, and business operations, to help you make an informed decision.
Personal spending grows hot in July as inflation stabilizes
American consumers remained in the position of strength when it came to spending and income growth this summer as inflation stabilized further and the labor market stayed resilient.
OCC issues 2023 edition of “Bank Accounting Advisory Series”
This edition was updated to add new guidance on loan modifications, reflect the adoption of the CECL and leases standards, and more.
Estate planning after the sale of a business interest
This article discusses estate planning and tax considerations after the sale of a business interest or other liquidity event, including common strategies to reduce estate tax and meet charitable giving goals.
2023 food and beverage industry outlook
In our 2023 food and beverage industry outlook, we explore what's ahead for middle market business leaders.
2023 consumer goods industry outlook
In our 2023 consumer goods industry outlook, we explore what's ahead for middle market business leaders.
Back-to-school outlook: What can we expect for holiday shopping?
If July's retail sales are any indication, this year's holiday sales will be largely focused on individual product categories and consumer spending by income level.
Existing home sales fall near January low as rates surge
July sales were much lower than expected, dropping by 2.2% on the month compared to a forecasted decline of only 0.2% earlier.
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