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Q1 2023 Market Outlook
Summary, Fourth Quarter of 2022: Good riddance to 2022! Q4 saw more slowing of the economy as the U.S. Federal Reserve (the Fed) continued to fight inflationary pressures, which turned out to be anything but “transitory.” Looking back at 2022 paints a much larger and event-filled picture. The last 12 months not only saw the …
Two key issues on the tax radar: Designation of employees versus contractors and inherited IRAs.
Business regulations and tax laws are seemingly always in flux. Leelyn Smith’s tax team, led by director of tax Zach Gordon, tracks these changes closely to ensure we understand how they affect our clients. In the 2022-23 tax season, our team is paying particular attention to two key issues: new guidelines for determining whether a …