Ominous economic conditions fueled by debt ceiling uncertainty and sticky inflation are taking a toll on consumer confidence while compelling consumer products companies to build resilience in pursuit of profitability. The University of Michigan’s Index of Consumer Sentiment in May fell to 57.7 from ... READ MORE >
tax
President Biden’s 2023 budget: New and old tax proposals require perspective—and awareness
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 >