Discover the Leading Economic Index (LEI), its components, and how it forecasts future U.S. economic trends. Essential for investors and businesses planning ahead.

A business expenditure is deductible if it is ordinary and necessary as defined in IRC section 162. The “all-events test” generally determines the timing of the deduction. The Tax Court recently ...

What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...

Recent reports indicate the US economy experienced negative growth in the first quarter, creating a stark contrast with the stock market’s performance. This economic contraction comes at a time when ...