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- 2026
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Federal Reserve Rate Cut: What Does It Mean?
he Fed has decided to lower the target range for the federal funds rate by 1/2 percentage point (50 basis points). In a statement, the Fed said that it “has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving its employment and inflation goals are roughly in balance.”
Effective Employee Performance Reviews
Performance reviews often feel like a one-way, top-down process in which you, the boss, are judge and jury. But if reviews are instead a two-way street, employees feel significantly less defensive. How do you create this two-way process? Let’s look at some ideas.
Worst of the Worst: Top Business Tax Errors
When the IRS looks at your tax forms, the tax agency uses a computer to compare what has been reported to it with what you have reported in terms of income. This is often carried out via 1099 forms — namely the 1099-MISC — which lists nonemployee compensation.
Cost Segregation: A Tax-Saving Strategy
Depreciation is a reduction in the value of an asset over time resulting from wear and tear, deterioration or obsolescence. The tax law acknowledges depreciation by allowing taxpayers to take deductions over a period of years. Generally, the number of years over which the property can be depreciated depends on the category into which it falls under the Modified Accelerated Cost Recovery System (MACRS), which applies to business assets acquired after 1987.
5 Steps to Better Forecasting
As businesses emerge from restrictions imposed due to the pandemic, they do not have a clear definition of “normal.” Whether the business was in an industry sector that thrived in the past year or one that struggled, it is almost certainly facing a radically changed landscape. Yet businesses must find a way to plan their two-to-five-year future.
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