Washington state enacts broad tax increases

Washington state enacts broad tax increases

   INSIGHTS Washington State Enacts Broad Tax Increases by RSM US LLP ARTICLE | June 02, 2025Executive summaryOn May 20, 2025, Washington Gov. Bob Ferguson signed multiple tax bills into law as part of the biennial budget passed by the state legislature on April 28,...
Tariffs weigh on manufacturing and construction

Tariffs weigh on manufacturing and construction

   INSIGHTS Tariffs weigh on manufacturing and construction by RSM US LLP REAL ECONOMY BLOG | June 02, 2025The impact of tariffs on manufacturing activity was in full force in May, according to business executives surveyed by the Institute for Supply Management, as...
No tax on tips and overtime: What employers should know

No tax on tips and overtime: What employers should know

   INSIGHTS No tax on tips and overtime: What employers should know by RSM US LLP ARTICLE | June 02, 2025Executive summaryProvisions titled “No tax on tips” and “No tax on overtime” are part of the One Big Beautiful Bill Act, which the U.S. House of Representatives...
IRS Interest Rates Hold Steady for Second Quarter of 2025

IRS Interest Rates Hold Steady for Second Quarter of 2025

   INSIGHTS IRS Interest Rates Hold Steady for Second Quarter of 2025 by Larson Gross ARTICLE | March 13, 2025 The IRS has confirmed that interest rates for tax overpayments and underpayments will remain unchanged for the second quarter of 2025, covering the period...