FOMC preview: Rate hikes and balance sheet reduction are up next

Next week’s Federal Open Market Committee meeting will kick off an extraordinary two months of policy decisions by the Federal Reserve in which we expect the…

Consumers spent more in March despite rising inflation

American consumers defied rising inflation and market uncertainties in March, continuing to spend more on goods and services as their wages increased and they…

RSM US Manufacturing Outlook Index: Decelerating growth as tensions mount

The RSM US Manufacturing Outlook Index is signaling the potential of further economic moderation from rising prices and slowing demand.

Balancing the three pillars of IT e book

< Back to Insights Gallery E-BOOK | April 29, 2022 Authored by RSM US LLP The three priorities for financial services companies are IT needs, cybersecurity and technological innovation. You may have heard of the 50-20-30 rule. It’s a money-management technique that divides your paycheck into three categories: 50% […]

Failure to document value of services and payment in line with stock ownership key to disallowance

Taxpayers must properly document the value and reasonableness of management fees in order to sustain a deduction for payment of such fees to shareholders or related parties.

Chart of the day: Initial jobless claims ease amid tight labor market

New claims for jobless benefits fell by 5,000 last week to 180,000 as labor demand continued to be robust and layoffs remained historically low.

Pending home sales fell back to pre-pandemic level amid rising rates

pending home sales fell 1.2% in March, declining for the fifth month in a row, as demand continued to slow due to high prices and rising mortgage rates.