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Initial jobless claims spike to highest since 2021

Initial jobless claims spike to highest since 2021

Total new filings for jobless benefits rose to 261,000 last week, the highest since October 2021, the Labor Department reported on Thursday.
Wayfair turns five: A coming of age story

Wayfair turns five: A coming of age story

With so many questions remaining five years after Wayfair, sales and use tax nexus planning remains critically important.
Economy added 339,000 jobs in blowout May employment report

Economy added 339,000 jobs in blowout May employment report

The unemployment rate increased to 3.7% as workers rejoined the labor force.
The Power of AI: Boosting Worker Productivity

The Power of AI: Boosting Worker Productivity

Learn how Artificial Intelligence is transforming worker productivity and its impact on businesses and the labor market.
Hiring Your Child Can Help You Save Big in Taxes

Hiring Your Child Can Help You Save Big in Taxes

Hiring your child for your business can lead to significant tax savings by shifting income, reducing taxes, and reducing FICA and FUTA obligations. However, it's crucial to follow employment laws and withhold appropriate taxes. Learn more about the benefits and rules for hiring your child.
Job openings exceed 10 million as labor market imbalance widens

Job openings exceed 10 million as labor market imbalance widens

With 10.1 million job vacancies in April, the openings-to-unemployed ratio—a proxy for labor demand and supply mismatches—surged to 1.79 from 1.64 previously.
Minnesota adopts retail delivery fee

Minnesota adopts retail delivery fee

Fifty-cent delivery fee on tangible personal property deliveries is intended to increase revenues for state transportation-related expenditures.
Fitch puts U.S. on ratings watch negative

Fitch puts U.S. on ratings watch negative

It is time for the Federal Reserve to act pre-emptively to ensure well-functioning financial markets and signal to global market participants that the /8bond rating on U.S. Treasuries will remain unchanged.
A check on tech: The rise of SOC reporting

A check on tech: The rise of SOC reporting

Requests for #SOC reports are on the rise. And they're only going to grow. Read our new e-book for a road map to simplified SOC reporting.
Why your company needs multifactor authentication

Why your company needs multifactor authentication

Companies should use multifactor authentication as part of a layered security strategy that includes identity and access management which exceeds passwords.
RSM US Financial Conditions Index: Debt ceiling standoff to cause volatility

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

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

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

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

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  • Johnson & Sheldon, PLLC
    Amarillo Location
    500 S Taylor St Suite 200
    Amarillo, TX 79101

    Phone: 806-371-7661
    Fax: 806-371-0529
    Email: ebaten@amacpas.com

    Johnson & Sheldon, PLLC
    Pampa Location
    2004 N. Hobart
    Pampa, TX 79065

    Phone: 806-665-8429
    Fax: 806-665-8804
    Email: fbeavers@amacpas.com

    Johnson & Sheldon, PLLC
    Hereford Location
    119 E 4th St
    Hereford TX 79045

    Phone: 806-364-4686
    Fax: 806-364-0826
    Email: khollingsworth@amacpas.com

    AICPA
    Texas CPA Certified Public Accountant

    We are clients of the RSM Professional Services+ Practice. As a client, we have access to the Professional Services+ Collaborative, a globally connected community that provides access to an ecosystem of capabilities, collaboration and camaraderie to help professional services firms grow and thrive in a rapidly changing business environment. As a participant in the PS+ Collaborative, we have the opportunity to interact and share best practices with other professional services firms across the U.S. and Canada.