The construction industry continues to face supply chain slowdowns, labor shortages and inflation — though the latter of the three has generally moderated a b...
The IRS Has Announced Various Tax Benefit Increases for 2023
Nov 30, 2022The IRS recently announced many inflation adjustments for the 2023 tax year. IRS Revenue Procedure 2022-38 provides details about these amounts. Because inflat...
The Wide-Ranging Inflation Reduction Act Is Signed Into Law
Aug 18, 2022Congress has passed the Inflation Reduction Act (IRA) and President Biden signed it into law on August 16. The $740 billion law contains many tax breaks and rai...
How Will Inflation Affect Your 2023 Tax Bill?
Aug 18, 2022Inflation has been surging this year. The July 2022 consumer price index (CPI) was up 8.5% year over year, according to the latest data from the U.S. Bureau of ...
How Small Businesses Can Deflate Their Inflation Risks
Aug 16, 2022From soaring gas and food prices to hikes in rent, the signs of inflation are popping up everywhere. The latest Consumer Price Index Report (CPI) showed that be...
How to Keep Your Business Strong Despite Inflationary Pressures
Apr 01, 2022Over the last year, consumer prices rose 7.9%, according to the latest data from the U.S. Bureau of Labor Statistics. The Consumer Price Index covers the price...