Insights Gallery

As recession looms, middle market businesses face new era

By RSM US LLP | November 1, 2022

The U.S. economy faces a recession over the next 12 months, as the Fed raises rates to tame inflation, says RSM Chief Economist Joseph Brusuelas.

FOMC preview: Policy rate moving higher as Fed may prepare to slow pace of price stability campaign

By RSM US LLP | October 28, 2022

We expect the Federal Reserve to increase its policy rate by 75 basis points to a range of 3.75%-4% when it publishes its policy decision on Nov. 2.

Inflation persists as spending rebounds strongly in September

By RSM US LLP | October 28, 2022

While inflation data came out slightly better than expected, the key wage inflation metric-the employment cost index-remained elevated.

What Is an S-Corp Election?

By Johnson & Sheldon | October 27, 2022

Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an S-Corp tax election and how it may benefit you and your business.

Expect More IRS Audits

By Johnson & Sheldon | October 18, 2022

The Inflation Reduction Act allocated $80 billion to the IRS for hiring additional personnel and improving processes and technology. Learn how this might affect future audit activity and how much time the IRS has to audit you.

FASB to propose changes to related party leases guidance

By RSM US LLP | October 6, 2022

The FASB recently voted to issue proposals on the determination of an arrangement as a lease and the financial reporting requirements for related party lease arrangements for certain entities.

How the Student Loan Debt Relief Plan works

By Johnson & Sheldon | September 23, 2022

President Biden announced a plan to extend the pause on student loan repayments and offer student loan forgiveness to millions of borrowers. Under the Student Loan Debt Relief Plan, eligible borrowers will have up to $20,000 of their student loans forgiven. Watch this video to learn more about the program.

Fed raises its policy rate by 75 basis points and sees more increases

By RSM US LLP | September 21, 2022

The Federal Reserve raised its policy rate by 75 basis points on Wednesday, the third straight increase of that size and a sign that it is continuing its aggressive push to tame inflation.

Inflation Reduction Act: Reducing carbon footprint and tax liability

By RSM US LLP | September 21, 2022

Join RSM as we discuss how companies can reduce both their carbon footprint and their tax liability through new incentives created by the Inflation Reduction Act.

Sales tax considerations for exempt organizations

By RSM US LLP | September 15, 2022

The application of sales and use tax to the activity of exempt organizations is complex and nuanced. RSM state tax and exempt organizations specialists explain what you need to know.

AI and machine learning: It may not be as difficult as you think

By RSM US LLP | September 6, 2022

AI and machine learning solutions are now much more realistic for middle market companies, with the potential for increased insight and efficiency through automation.

The Clean Vehicle Tax Credit Program

By Johnson & Sheldon | August 26, 2022

The Inflation Reduction Act includes the Clean Vehicle Tax Credit program which provides tax credits for purchasing electric vehicles. Learn about the tax credits and limits on qualifications.