Insights Gallery

RSM US Financial Conditions Index: Debt ceiling standoff to cause volatility

By RSM US LLP | May 22, 2023

As of Friday, our composite RSM US Financial Conditions Index remained at 0.9 standard deviations below neutral, corresponding to higher levels of risk than would normally be priced into securities.

U.S. economy remains resilient, but numerous risks loom

By RSM US LLP | May 16, 2023

Despite sticky inflation and rising interest rates, the economy keeps rolling along. But risks like the debt ceiling standoff could derail that.

Inflation remains sticky in April, rising by 4.9% over a year ago

By RSM US LLP | May 10, 2023

April's increase in the consumer price index was in line with RSM's forecast of a 4.9% gain and the consensus estimate of 5%, and will most likely support the doves at the Federal Reserve who want to pause interest rate increases.

Section 174: Lessons learned and key implementation considerations

By RSM US LLP | May 9, 2023

Companies must abide by new law change - RSM tax professionals will help you prepare.

Business Travel Expenses: Per Diem vs Actual Expenses

By Johnson & Sheldon | May 8, 2023

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.

6 Misconceptions of a Revocable Living Trust

By Johnson & Sheldon | May 8, 2023

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.

Hiring in U.S. remains robust in April as the jobless rate falls to 3.4%

By RSM US LLP | May 5, 2023

We have made the case over the past few months that resilience rather than recession is a more apt description of the American economy. The net change in employment in the April jobs report of 253,000 reported by the Labor Department on Friday reflects that resilience.

Fed hikes rate a quarter point while creating framework for a pause

By RSM US LLP | May 3, 2023

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.

Law firms look to artificial intelligence and M&A for help

By RSM US LLP | May 3, 2023

How are law firms using artificial intelligence to drive productivity?

Consumer confidence drops to lowest level since July 2022

By RSM US LLP | April 25, 2023

Consumer confidence in April dipped to the lowest level since last July, driven by the deterioration in economic expectations as recession concerns mount.

FAQ: Capitalization and amortization of R&D costs under new section 174 rules

By RSM US LLP | April 25, 2023

See how the new required tax treatment of R&D costs under section 174 affects federal, state, and international taxes, as well as software development.