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.
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.
The Nonprofit SEAT Act would strengthen the relationship between the nonprofit sector and the federal government, providing nonprofits a seat at the table of federal policymaking.
New filings for jobless benefits fell last week to 242,000 from 264,000, a sharp 8.3% drop, in part because of the resolution of fraudulent claims in Massachusetts.
AICPA issues Technical Questions and Answers to assist auditors in designing and performing audit procedures related to employee benefit plan provisions.
If your employees travel for work purposes, it’s important to understand the various methods of tracking and substantiating travel expenses so that you can maintain accurate records, control costs, and take advantage of potential tax benefits. Watch this video to learn about business travel expenses, per diem allowances, and how they affect employees and employers.
A revocable living trust, or RLT, offers many benefits, including probate avoidance, privacy, and flexibility in managing assets during one’s life, incapacity, and death. However, despite their popularity as an estate planning tool, there are many misconceptions surrounding revocable trusts that lead to confusion and misunderstandings. Watch this video to learn about the top six misconceptions.
The 25 basis-point increase was accompanied by changes in the Federal Open Market Committee’s statement that imply a possible pause at the Fed’s next meeting in June with a bias toward more tightening should inflation prove sticky.
Job openings fell to 9.6 million in March from almost 10 million in February, a clear sign that the labor market is softening as the economy slows down.
Reporting changes for companies with beneficial owners takes effect on Jan. 1, 2024. Leverage these 10 steps to ensure you’re ready to comply and manage the risk that comes with these new rules