(authored by RSM US LLP) The primary takeaway from the Federal Open Market Committee’s policy statement and forecast is that the Fed, along with other major central banks.
Continue readingTax relief bill passes House, faces uncertain fate in Senate
(authored by RSM US LLP) Tax legislation packaging the child tax credit and favorable business tax provisions moves to the Senate with momentum but an uncertain fate.
Continue readingCommercial real estate is high among bankers’ debt concerns
(authored by RSM US LLP) Lenders continue to digest the long-term implications of recent failures as the fallout focus shifts to potential trouble spots.
Continue readingEstate planning and income tax: Key considerations and planning points
(authored by RSM US LLP) You have mapped out your estate plan and feel confident in its estate tax efficiency. However, it is important to consider the income tax ramifications of each decision throughout the planning process to avoid unintended consequences.
Continue readingIRS increases mileage rates for the remainder of 2022
(authored by RSM US LLP) The IRS provides some relief amid rising gas prices with an optional increase to the standard mileage rate for business travel.
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