A prescription for economic steroids before the midterms
During my tenure in Congress, I observed a fundamental truth about American democracy—when Americans vote for change, they vote because of their wallets. It’s that simple.
During my tenure in Congress, I observed a fundamental truth about American democracy—when Americans vote for change, they vote because of their wallets. It’s that simple.
If your company works with or for the government, you may be struggling. At the very least you’re probably worried or unsure about what’s to come in the near future – or even tomorrow. If you’re a government contractor especially, you may even feel like a walking target, waiting powerlessly for the worst-case scenario to come and knock you down.
Expect plenty of changes in the world of tax under the new administration.
Even in an industry as massive, fluid and precarious as tech, AI’s rapid ascension has few parallels. Statements that were hyperbole just six months ago are now commonly accepted to the point of cliche.
Just before Inauguration Day, inflation data showed that the so-called shelter index—costs, including rent, mortgage payments, insurance, and utilities, that make up the biggest part of inflation—had risen for the 56th consecutive month.
President Trump announced new tariffs steel (25%) and aluminum (25%) in addition to what was previously imposed on Canada (25%), Mexico (25%), and China (10%).
Price unpredictability and other cost concerns are proving to be significant barriers to AI adoption for many IT leaders, with outcomes and ROI weighing in the balance.
The election results certainly bring a new day when it comes to taxes – especially for small and medium businesses.
The Senate confirmed IRS Commissioner Daniel Werfel about seven months after the agency received a massive infusion of funding from President Biden’s Inflation Reduction Act.
President-elect Donald Trump has tapped former Missouri congressman Billy Long to lead the IRS, which has triggered mixed reactions from Washington and the tax community.