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IRS releases plan to triple its audit rates on large corporations
Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.
Labor data shows economic strength as inflation concerns linger
Despite a slowdown in productivity and rising labor unit costs, the economy continues to show strength with initial jobless claims staying near ...
Fed holds rates steady as rebound in inflation hampers progress
Citing a lack of progress in reducing inflation, the Federal Reserve kept its policy rate unchanged at 5.5% at its meeting on Wednesday, the ...
Protecting Your Business From Internal Fraud
Did you know that over half of all business fraud stems from inadequate internal controls? In this video, we'll provide you with four specific ...
Strategic depreciation practices for tax savings
Understanding the best approach to depreciation can be game-changing for your business. Don’t miss out on essential tax savings that could ...
New retirement plan distribution options introduced by SECURE 2.0
SECURE 2.0 provides new opportunities for plan participants to take retirement distributions without incurring early withdrawal penalties.
Understanding energy rebates tax treatment
Navigating the tax landscape: Understanding DOE Home Energy Rebate Programs.
GDP growth slows to 1.6% in first quarter, exaggerated by volatile trade and inventory data
Overall growth in U.S. gross domestic product fell to 1.6% in the first quarter, but the slowdown was exaggerated by volatile trade and ...
8 Security Measures To Protect Your WordPress Website
Thousands of WordPress websites are hacked daily, causing significant disruptions and data leaks. Learn about nine essential security measures ...
Geopolitical tensions and the rising oil risk premium threaten global recovery
Global oil markets are pricing in a risk premium of $7 to $10 a barrel in the wake of Iran's drone attacks on Israel over the weekend, posing ...
U.S. consumer sentiment falls as inflation stays sticky
The University of Michigan's consumer sentiment index fell to 77.9 in April from 79.4, according to data released on Friday.
ASC 740: Q1 2024 provision considerations
Tax law and financial reporting considerations for first quarter 2024 tax provisions accounted for under ASC 740.
Financial markets update: An improved outlook for corporate borrowing
With spreads on corporate bonds easing, borrowing by firms will bolster a sustained expansion and an economy that outperforms expectations this year.
Energy community bonus credit: New guidance broadens eligibility
New guidance on the energy community bonus credit amount offers clarity for taxpayers seeking to identify eligible communities.
U.S. jobs report: American exceptionalism amid dynamic growth
The American economy continued to show resilience in March, adding 303,000 jobs as the unemployment rate dropped to 3.8%.
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