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Retirement Report: Third Quarter 2021
In this issue of the Retirement Advisory Report, we discuss 2021 updates to regulations that may affect you and your retirement plan.
The Qualified Business Income Tax Deduction
The Qualified Business Income (QBI) Deduction can reduce an individual's tax liability on pass-through income by as much as 20% of taxable business income from the entity. Here's a great 3-minute video to find out more.
Employer sponsored retirement plans: Key differences
Determining what type of retirement plan to offer employees can be complicated and expensive. Learn what to consider when selecting a plan.
Business vulnerability: 4 lessons learned from the COVID-19 pandemic
Learn from the business vulnerability lessons organizations experienced throughout the COVID-19 pandemic. Read now.
5 ways outsourcing can help organizations manage risk
Discover how an experienced managed service provider can help companies manage and mitigate risk. Unique business needs.
5 problems that weigh down business productivity
For better business productivity, consider a holistic approach to finding and solving these five problems.
Inflation is back: Is it here to stay?
Recent economic data has stoked inflation fears. The question is whether these signs of upward price pressure are cyclical or structural.
GASB proposal: Accounting changes and error corrections
A recent GASB Exposure Draft addresses financial reporting requirements related to accounting changes and error corrections.
Budget Reconciliation – A Potential Path for President Biden’s Plans
President Biden has proposed the American Jobs Plan and the American Families Plan, but a closely divided senate makes it challenging to turn these bills into law. In this video, we’ll discuss the budget reconciliation process as a possible path.
Health care providers continue to seek Provider Relief Fund clarity
RSM's new national health care leader, Carlos Hernandez, provides insights into the industry and practice in an unprecedented time.
Implementing GASB 87: Government entities learn from public companies
Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.
Industrial companies are at high risk of a cyberattack
The Colonial Pipeline ransomware attack has proven the industrials sector is at high risk for cyberattacks.
Are higher costs hampering corporate profits?
Investors are watching earnings to gauge the extent to which corporate profits are being impacted by supply chain issues and more.
First-quarter GDP: Growth improves as the recovery accelerates
It's essential that the fiscal and monetary authorities follow through on current policy paths for the economy to return to full employment.
How pandemic savings might have saved the day
We are confident that the year will end with the unemployment rate as low as 4.1% and the economy growing by 7.5% on a yearly basis.