Key takeaways from RSM’s analysis of the tax proposals in President Biden’s 2023 budget proposal: The budget proposal and its proposed tax changes amount to an aspirational list; they are not drafted legislation. Proposed international tax reforms show commitment to implementing the OECD minimum ... READ MORE >
Congress
Saving small and medium-size business: temporary lending facility needed now
This week U.S. Treasury Secretary Steven Mnuchin told a group of Republican senators they need to act to prevent an increase in the unemployment rate to 20%. While some would say that is political hyperbole, it is not. Policymakers, investors and company managers will observe a jump in first-time jobless ... READ MORE >