US Economy

Details of tax reform legislation revealed

The House Ways and Means Committee released draft tax reform legislation on Thursday. The Tax Cuts and Jobs Act, H.R. 1, incorporates many of the provisions [...]

IRS Announces 2018 Estate And Gift Tax Limits: $11.2 Million Per Couple

It’s official. For 2018, the estate and gift tax exemption is $5.6 million per individual, up from $5.49 million in 2017. That means an individual can leave [...]

ADP Finds Private Sector Added 212,000 Jobs in February

<p> Private sector employers added 212,000 jobs in February, according to payroll giant ADP, but job gains were slightly weaker than in recent months, [...]

Small and Midsized Businesses Expect Robust Recovery

Business confidence and the economic outlook have improved dramatically for small and medium-sized enterprises in the past year, according to a new survey by [...]

In A Signal Of Growth, Companies Build Stockpiles

U.S. companies restocked at a faster pace in January, a sign that businesses expect stronger job growth to fuel more sales. The Commerce Department said [...]

Finance executives’ outlook on US economy improving, survey shows

CPA financial executives in the United States displayed a more positive but still wary view of the US economy in the most recent quarterly “Business [...]

13.4M People May Owe More Taxes Because of Making Work Pay Credit

Approximately 13.4 million taxpayers who received the Making Work Pay Credit that was included in the economic stimulus bill may end up owing taxes, [...]

Next year’s economy: Good enough may be as good as it gets

WASHINGTON — 2011 should be a happy new year for the U.S. economy, according to forecasts from mainstream economists, although their predictions over the [...]

Deal Struck on Tax Package

Grand Bargain Includes One-Year Drop in Wage Levy, Estate Tax of 35% President Barack Obama reached agreement Monday with Republican leaders in Congress on a [...]

Timing Mistakes That Cost Thousands of Dollars

Sometimes we need to talk here about costly taxpayer mistakes that could have been avoided with professional consultation. Take the recent case of a securities [...]