Individual contribution limits for 401(k) plans recently increased to $22,500 in 2023, up from $20,500 in 2022, according to a recent announcement from the IRS. This is one of the cost-of-living increases that taxpayers should consider while planning for 2023. Income ranges to determine eligibility for deductible contributions to IRAs and the Saver’s Credit also
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Real Estate and Construction Industries’ Growing Cybersecurity Threat
In the last few years, real estate and construction leaders have made great strides to implement new technologies into their regular practices. While these advances have uncovered additional efficiencies, their adoption has created a critical vulnerability: data security. Cyberattacks are on the rise, with a 22% increase in major attacks year over year, according to
Read MoreRecession Readiness – A Focus on Distressed Customers
While you may be focused on your company’s bottom-line, cash flow and liquidity (i.e., your ability to stay afloat) during these uncertain economic times, it is also important to consider how your largest customers may be weathering the storm. Most finance departments have ample experience working with slow-paying customers, but unless you happen to be
Read MoreHealthcare Real Estate Check-Up
When it comes to healthcare and real estate, continued labor challenges and rising inflation and interest rates are now creating financial challenges. While these factors continue to challenge the industry, they also contain opportunities. Let’s take a look at how the market has changed and what could lie ahead. Responding to the industry’s current
Read MoreHow Industry 4.0 Can Fuel Growth Amid Economic Uncertainty
Technology investments can help manufacturers fuel growth as economic headwinds build. Manufacturers have long known about the benefits of investing in Industry 4.0 improvements. As economic headwinds build, business leaders face a difficult choice about how to prioritize capital investments. In many cases, costly, long-term projects will be put on the backburner in favor of
Read MoreProjecting Private Equity’s Interest in Healthcare
Summary 62% of healthcare organizations are planning to pursue a transaction in 2022. Dealmaking is happening more slowly and methodically than in 2021, impacted by more stringent due diligence and a lack of resources. Private investors have a growing interest in hospital systems, which traditionally have
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