Federal government contractors need to prepare the incurred cost submission (ICS). It is crucial for contractors to meet the ICS deadline.
Insights
IRS announces new initiative aimed at high-income non-filers
IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing.
Technology transfer poses significant risk to US companies and subsidiaries
Companies must include protecting the transfer of technology when implementing export compliance procedures or face severe consequences.
California rules foreign dividends includible in sales factor denominator
California finds repatriated foreign earnings includible as ‘gross receipts’ in the sales factor denominator despite deduction from net income.
New OECD Pillar One guidance for baseline distribution activities
Understanding a new way to set and support pricing for baseline distribution activities
The growing imperative of cybersecurity in private equity investments
Private equity firms must prioritize cybersecurity in their investment strategies to safeguard assets within the key sectors they influence.
Inflation expectations remain remarkably well anchored
The inflation shock of the past three years is abating. One reason is that expectations of future inflation continue to remain remarkably well anchored.
The price of eggs and the effect on public sentiment
With the economy growing at a healthy rate over the past year, one would think that Americans would be celebrating a boom.
Geopolitical tensions and risks to the inflation outlook
Just as inflation appeared to be getting under control in recent months, rising tensions in the Middle East have shaken this view and now represent the major risk to our economic and inflation outlooks.
Service sector continues to grow in February
The service sector continued to grow in February for the 14th straight month, according to the Institute for Supply Management on Tuesday.