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Protecting Your Finances During an Economic Downturn

Protecting Your Finances During an Economic Downturn

Many economists are predicting that the US economy will experience a downturn, if not a recession, in 2023. A downturn can lead to job loss, reduced income, and financial insecurity. While it's impossible to predict the future with certainty, there are steps you can take to protect your finances during a downturn.
Fed hikes rates by 25 basis points as it approaches peak

Fed hikes rates by 25 basis points as it approaches peak

The central bank hiked its policy rate by 25 basis points to a range between 4.5% and 4.75%, its eighth straight increase, though lower than the recent hikes.
FOMC preview: Fed to slow pace of rate hikes to 25 basis points

FOMC preview: Fed to slow pace of rate hikes to 25 basis points

Our base case remains that the Federal Reserve's policy rate will peak between 5% and 5.25% and stay there until early next year.
Incentivize Employees With Stock Appreciation Rights Instead of Equity

Incentivize Employees With Stock Appreciation Rights Instead of Equity

Many business owners want to incentivize and reward employees by tying their compensation to the company's performance. One way to do this is through stock options, but using stock appreciation rights might be a better solution.
A guide to business ownership

A guide to business ownership

RSM’s experienced business owner tax advisors understand the business lifecycle from startup to business transition. We can point out potential blind spots, provide tips and lay out the best tax strategies to help ensure success.
A Guide to Accounting for Derivatives

A Guide to Accounting for Derivatives

A high-level overview of the accounting for, financial statement presentation, and disclosure of derivative instruments.
A guide to accounting for investments, loans and other receivables

A guide to accounting for investments, loans and other receivables

Information about accounting for equity securities, debt securities and loans and other receivables, including recognition of credit losses.
With no year-end tax package, businesses face unfavorable changes

With no year-end tax package, businesses face unfavorable changes

Businesses must contend with several unfavorable tax changes after no significant business tax provisions appeared in a year-end omnibus package.
FASB Proposes Changes to Lease Accounting Rules

FASB Proposes Changes to Lease Accounting Rules

The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses related-party arrangements between entities under common control. This video provides an overview of the proposed changes.
ESG explained: What companies need to know

ESG explained: What companies need to know

Environmental, social, and governance is now a key success factor for many companies. Learn more about ESG’s potential issues, risks, and opportunities.
Schedule K 3 instructions

Schedule K 3 instructions

When Schedule K-3 instructions were released by the IRS, many pass-through entities feared compliance challenges. Here’s how it played out.
4 ways nonprofits can drive mission impact

4 ways nonprofits can drive mission impact

Learn four key strategies that can help nonprofit organizations enhance their effectiveness and increase their mission impact.