Financial News

The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised to reduce it by 75 basis points next year to support the expanding economy.

The IRS announced a sweeping enforcement effort that will engage AI to focus on large partnerships and wealthy individuals.

The DOL has a new overtime proposal on the table, and it could have major implications for your payroll. Learn about the potential changes and how they could impact your business operations.

New IRS notice 1099-K for small vendors will be subject to existing requirements for TY 2023, followed by a phased-in approach.

IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code.

RSM's 2023 year-end tax planning guide for individuals and business owners.

Understanding the tax implications of your compensation and benefits plans is essential if you want to avoid tax liabilities and offer packages that attract the right talent.

Gain a clear understanding of how property taxes are calculated, including the crucial role of the mill rate and how the assessed value of your property is determined, empowering you to make [...]

The home office deduction offers a valuable tax break for the self-employed, freelancers, and independent contractors. Learn about the deduction and how it may reduce your tax liability.

The IRS has proposed rules for an "elective pay" provision under the Inflation Reduction Act, allowing entities that don't typically qualify for energy tax credits to claim these benefits. This [...]