Hours: Monday - Friday 8:00 am - 5:00 pm

Resources

Search Results

Strong economic data signals another rate hike in July

Strong economic data signals another rate hike in July

A series of economic reports released on Thursday showed a much more resilient economy than expected heading into a crucial period when the Federal Reserve is on the verge of hiking interest rates again.
Spending and inflation cool in May

Spending and inflation cool in May

Inflation continued to decelerate in May as the Federal Reserve's key pricing metric—the personal consumption expenditures index—grew by only 3.8%
U.S. economy was a lot stronger in first quarter, final GDP estimate shows

U.S. economy was a lot stronger in first quarter, final GDP estimate shows

The third and final estimate of gross domestic product showed a drastic upward revision to a 2.0% gain from 1.3% on a quarterly and annualized basis.
Business equipment spending rises for the second straight month

Business equipment spending rises for the second straight month

Despite May's top-line upside surprises in the durable goods report, our forecast for GDP growth in the second quarter stays at 1.8%.
Is the economy headed for a recession? Jobless claims are saying yes.

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

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

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

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

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

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

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 

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

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 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

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 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.