WXC Corporation Miami Doral
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IRS releases tax inflation adjustments for tax year 2026

WASHINGTON — The Internal Revenue Service today announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2025-32 PDF provides details…
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Treasury, IRS issue guidance listing occupations receiving tips

The Department of the Treasury and the Internal Revenue Service today provided guidance on “no tax on tips” provision. The One, Big, Beautiful Bill proposed regulations identify occupations customarily and regularly receive tips and define…
WXC Corporation Doral Miami
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Interest rates decrease for the first quarter of 2025

The Internal Revenue Service today announced that interest rates will decrease for the calendar quarter beginning Jan. 1, 2025. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily. Here is…
WXC Corporation Doral Miami
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Treasury, IRS issue guidance for the advanced manufacturing production credit

WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations to provide guidance for the advanced manufacturing production credit established by the Inflation Reduction Act (IRA). The new…
WXC Corporation Doral Miami
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Returning to the Office? The Remote Work Reckoning

The list of companies requiring their employees to return to the office at least a few days per week keeps growing, and it includes many well-known names. Some have been met with a strong response from their employees — and not an enthusiastic…
WXC Corporation Doral Miami
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Jobs Report Shows Pay Increased by 6.5% Over Last Year

Private sector employment increased by 278,000 jobs in May and annual pay was up 6.5 percent year-over-year, according to the May ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford…
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Families Expected to Spend Average of $864 on Back-to-School Supplies

As inflation continues to rise, one-third of consumers (38%) said they are cutting back in other spending areas to cover the cost of items for the upcoming school year, according to the annual survey released today by the National Retail…
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Salaries Could Rise Average of 4.1% in 2023

Salary budgets for U.S. employees are projected to increase in 2023, mainly influenced by a labor market with more open jobs than people to fill them. Leading global advisory, broking and solutions company WTW’s Salary Budget Planning…
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Housing Market Remains Competitive Despite Increase in Mortgage Rates

The housing market is as competitive as ever, according to the latest Zillow Real Estate Market Report. Buyer demand has been strong enough to keep the market moving at a record pace, even after a massive spike in mortgage rates. Year-over-year…