Inflation isn’t dropping as low as Jerome Powell and the governors of the Federal Reserve thought it would when they began ratcheting up the funds rate in March 2022. No matter: A growing number of financial pros predict the Fed will begin lowering rates in March. That’s music to many businesses’ ears, especially smaller ones […]
Business budgeting season is coming into the home stretch. Will your budget for next year be a rock-solid financial roadmap, helping your organization effectively allocate resources and prioritize objectives? Or will a lack of foresight lead to cash flow problems or decisions based on incomplete information? With a business climate likely to be impacted by […]
Fall is the crunch-time season for unclaimed property reporting and escheatment. The states with approaching deadlines are almost as numerous as the leaves falling this time of year. The majority of them are either October 31 or November 1. In fact, it’s simpler to tell you which states and U.S. territories don’t have an Oct. […]
Sales tax compliance is a demanding job for finance teams like yours. For example, comparing the number of tax rate changes across the U.S. for January 1-June 30, 2023 vs. January 1-June 30, 2022, the volume of changes increased 43%, according to the 2023 annual Mid-Year Sales Tax Rates and Rules Report from tax technology […]
Industry demand for crude oil is rising. The price of a barrel of oil could top $100 before Halloween. Since OPEC announced it would reduce output in the spring, energy prices flattened out for most of the year. That calm patch is over now as Saudi Arabia has refused to ramp up production despite the […]
Your CFO peers are dealing with unprecedented inflation, several bank failures and an unpredictable labor market. And don’t forget about the new COVID-19 variant that the Centers for Disease Control says is now present in the U.S. It’s no wonder that a 2022 survey by PwC found that nearly half (47%) of CFOs said their […]
It’s not a coincidence that National Payroll Week is always the same week as Labor Day. This year, it’s September 5-9. In an interview, 40-year payroll industry veteran James Paille, CPP, and the director of compliance for IRIS Software Group, said that National Payroll Week is just as much of a celebration of labor and […]
As talented as your C-suite team is, that lineup won’t stay intact forever. If your organization hasn’t addressed its future with an executive succession plan, or an update of the existing plan, now’s the time. It’s inevitable – there will be management team departures due to retirement, promotion or something else. PwC’s 2018 Strategy & […]
Congress created the Securities and Exchange Commission (SEC) to protect investors from market manipulation following the 1929 stock market crash. And for decades, the SEC focused on enforcing securities laws and punishing wrongdoers. Fast forward to today: Republicans in Congress are urging the SEC to remember its core mission and ease up – way up […]
