Insights Gallery

U.S. economy remained resilient in first quarter amid signs of future softening

By RSM US LLP | March 26, 2024

The data is not likely to change the Federal Reserve's course on monetary policy, with the central bank likely to hold rates steady at its May meeting.

Credits and incentives available to retirement plan sponsors

By RSM US LLP | March 25, 2024

Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity.

Mitigating the Risk of Deepfake Fraud

By Johnson & Sheldon | March 22, 2024

With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.

Fiscal year 2025 budget proposal contains items affecting exempt organizations

By RSM US LLP | March 21, 2024

Biden administration's budget proposal includes items affecting donor advised funds and private foundations.

Existing home sales exceed forecasts as prices jump

By RSM US LLP | March 21, 2024

There were 4.38 million existing homes sold in February, up by 9.5% from a month ago, the National Realtor Association reported on Thursday.

IRS announces new initiative aimed at high-income non-filers

By RSM US LLP | March 7, 2024

IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing.

IRS announces increased audit activity for personal usage of corporate planes

By RSM US LLP | March 7, 2024

An IRS examination of this issue can be time intensive and arduous if the business does not take the necessary proactive steps to ensure all required documents are in order to defend the company's position in front of the IRS.

The IRS urges businesses to review ERC claims for 7 common red flags

By RSM US LLP | February 26, 2024

IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect.

Maximize Your Health Savings With an HSA

By Johnson & Sheldon | February 26, 2024

Maximize your health savings account benefits and avoid unnecessary taxes and penalties. Discover the eligibility criteria, benefits, and how to effectively manage your HSA.

FTC’s Safeguards Rule amended to require 30-day breach notification

By RSM US LLP | February 19, 2024

What the FTC Safeguards Rule update means for nonbanking financial institutions.

Navigating the complex landscape of artificial intelligence adoption

By RSM US LLP | February 16, 2024

Artificial intelligence (AI) has rapidly become a key element of business strategies. But what are the risks companies need to consider?

Retirement plan audit and contribution considerations

By RSM US LLP | February 15, 2024

The evolving retirement plan landscape opens opportunities for companies to review employee compensation packages and consider changes to their plans.