Federal

S&P CORELOGIC CASE-SHILLER INDEX CONTINUED TO DECLINE IN OCTOBER

Retrieved on: 
Tuesday, December 27, 2022
Weakness, History, Acceleration, Federal, Federal Reserve, Composite, National Home, City, S, Housing, Airline

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 9.2% annual gain in October, down from 10.7% in the previous month.

Key Points: 
  • The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 9.2% annual gain in October, down from 10.7% in the previous month.
  • The 10-City Composite annual increase came in at 8.0%, down from 9.6% in the previous month.
  • "For example, the National Composite Index fell -0.5% for the month, reflecting a -3.0% decline since the market peaked in June 2022.
  • "Despite considerable regional differences, all 20 cities in our October report reflect these trends of short-term decline and medium-term deceleration.

IRS Published 2023 Tax Rate. Small Businesses Needs to Update Payroll Software In Time

Retrieved on: 
Tuesday, December 27, 2022
Federal Insurance Contributions Act tax, Small business, LOS, Computer, IRS, Medicare, Federal, Software, Social, W2, Social Security, Health insurance, Video game, Bookkeeping

LOS ANGELES, Dec.27, 2022 /PRNewswire-PRWeb/ -- The IRS has published 2023 tax tables. The new ezPaycheck payroll software from halfpricesoft.com is shipping to small business employers with the updates for 2023 tax changes:

Key Points: 
  • LOS ANGELES, Dec.27, 2022 /PRNewswire-PRWeb/ -- The IRS has published 2023 tax tables.
  • The new ezPaycheck payroll software from halfpricesoft.com is shipping to small business employers with the updates for 2023 tax changes:
    Social Security Tax on the first $160,200 of employee wages: 6.2% for both employee and employer.
  • Designed for small businesses, ezPaycheck makes it easy to calculate payroll taxes, print paychecks, print tax form W2, W3, 941 and 940.
  • Small businesses get unique features in the latest release of ezPaycheck payroll software:
    Supports daily, weekly, biweekly, semimonthly and monthly payroll periods.

Advancements to Educate About Improvements in Environmental Safety and Compliance

Retrieved on: 
Thursday, December 22, 2022
Advanced National Seismic System, Ecosystem, Education, Environment, DMG, State, Federal, Movement, ACN, Road, Machine, Arctic, Interior Alaska

JUPITER, Fla., Dec. 22, 2022 /PRNewswire-PRWeb/ -- An upcoming segment of Advancements with Ted Danson will focus on the latest developments in oil spill compliance and response services.

Key Points: 
  • Discover how oil spill compliance and response is protecting life, property, and Alaska's coastline.
  • JUPITER, Fla., Dec. 22, 2022 /PRNewswire-PRWeb/ -- An upcoming segment of Advancements with Ted Danson will focus on the latest developments in oil spill compliance and response services.
  • The show will discover how regulatory compliance with federal and state oil spill prevention and response requirements are advancing innovative solutions to the unique challenges of operating in Alaska and the U.S. Arctic region.
  • About Advancements and DMG Productions:
    Advancements is an information-based educational television series that explores recent developments taking place across several industries and economies.

Department of Health and Human Services releases long anticipated rules for Healthcare Attachment Transactions

Retrieved on: 
Wednesday, December 21, 2022
Workforce, United States Department of Health and Human Services, Risk assessment, Notice of proposed rulemaking, HHS, NPRM, BLS digital signature, Workers' compensation, Bills, Bills, Bills, Privacy, Payment, Federal, Multimedia, SCAN Health Plan, Attachment, Computer security, Medical device, Health insurance, List of His Dark Materials and The Book of Dust characters

CONCORD, Calif., Dec. 21, 2022 /PRNewswire/ -- Today, the Department of Health and Human Services (HHS) released the Notice of Proposed Rulemaking (NPRM) with respect to the Adoption of Standards for Health Care Attachment Transactions and Electronic Signatures, and Modification to Referral Certification and Authorization Standard (Link to Federal Register). This rule proposes and mandates new standards to support both health care claims and prior authorization transactions, and a standard for electronic signatures to be used in conjunction with health care attachments transactions.  The rule is now available for public comment for 90 days from 12/21/2022. The proposed implementation date will require compliance within 24 months after the publication of the final rule.

Key Points: 
  • This rule proposes and mandates new standards to support both health care claims and prior authorization transactions, and a standard for electronic signatures to be used in conjunction with health care attachments transactions.
  • The proposed implementation date will require compliance within 24 months after the publication of the final rule.
  • "The NPRM for Attachments has been long anticipated by the healthcare industry for several years now.
  • Jopari is ready today and already meets the compliance requirements by using the same exact X12 Healthcare Claim Attachment standards as proposed by HHS today.

The New Home Market Remains Choppy With Sales Down 35.9% Year-Over-Year

Retrieved on: 
Wednesday, December 21, 2022
New Home, Community, Zonda, Federal, Growth, Federal Reserve, QMI, Index, QMI press agency, Uncertainty, PSI, Housing, Real estate, Gasoline, Tutoring, Casino

NEWPORT BEACH, Calif., Dec. 21, 2022 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for November 2022.

Key Points: 
  • The choppiness in the new home market remains as seasonal distractions, low consumer confidence, and high housing costs slow housing demand.
  • Homes that are thoughtfully designed, well located, and priced right are still selling, bucking the broader market slowdown."
  • Zonda's new home sales metric counts the total number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.

AXON CLOUD UPGRADED TO HIGHEST LEVEL OF SECURITY STATUS BY US GENERAL SERVICES ADMINISTRATION

Retrieved on: 
Tuesday, December 20, 2022
Cloud, Death, Police, Justice, Federal, Automation, Government, Axon Enterprise, TASER, Software, JAB, Emergency medical services, Department of Interior, Software as a service, FedRAMP, United States Department of Homeland Security, California Department of Justice, Risk management, Online shopping, Satellite navigation device, Service, Axon

SCOTTSDALE, Ariz., Dec. 20, 2022 /PRNewswire/ -- Axon Enterprise Inc. ,  ("Axon") (NASDAQ: AXON) the global public safety technology leader, achieved high impact status by the Federal Risk and Authorization Management Program (FedRAMP) Joint Authorization Board (JAB) for its cloud-based Software as a Service (SaaS) solutions. This change will allow Axon's government customers to store the most sensitive, un-classified data handled by federal civilian agencies.

Key Points: 
  • This status upgrade allows US government customers to safely leverage the Axon network with full trust, backed by FedRAMP's highest impact level of security.
  • US Axon FedCloud offerings include Axon Evidence, Axon Respond, and Axon Records, and also acts as the core control center over Axon devices and client applications.
  • The system operates as an isolated region of Axon Cloud Services that is dedicated to the US Federal community.
  • US Axon FedCloud offerings include Axon Evidence, Axon Respond, and Axon Records while also acting as the core control center over Axon devices and client applications.

As the Clock Winds Down on a Year Steered by Tight Inventory and Rising Loan Rates, Cox Automotive Offers 10 Predictions for 2023

Retrieved on: 
Monday, December 19, 2022
Smoke, Family, Government incentives for plug-in electric vehicles, First Time, Hope, EV, Intelligence, Electric vehicle, Cox Automotive, Digital, Federal, The, Growth, Federal Reserve, Risk, Depreciation, Inflation, News, EVS, Multimedia, Greatest, Investment, Research, Forecasting, Renewable energy, Motor vehicle, Insurance, Retail, Car dealership, Online shopping

With the New Year just weeks away, Cox Automotive offers its expectations for the U.S. automotive market in 2023.

Key Points: 
  • With the New Year just weeks away, Cox Automotive offers its expectations for the U.S. automotive market in 2023.
  • "This past year was challenging not only to forecast but for the industry to manage," said Cox Automotive Chief Economist Jonathan Smoke.
  • With new-vehicle inventory levels improving as demand slows, Cox Automotive forecasts 3% year-over-year new-vehicle sales growth in 2023, with the market hitting 14.1 million units.
  • Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion.

Economy Expected to End 2022 on Positive Note Ahead of Modest Recession in New Year

Retrieved on: 
Monday, December 19, 2022
Conference, Fannie Mae, Federal Reserve, Bibliography of Fannie Mae and Freddie Mac, Treasury, Housing, Weakness, GDP, Consumer, ESR, Economic Outlook, Atmosphere, Projection, OTCQB, Growth, The Conference Board, Federal, Senior, Conference Board Leading Economic Index, Gross domestic product, Economy, Real estate, Management

WASHINGTON, Dec. 19, 2022 /PRNewswire/ -- Following an upward revision to third quarter 2022 real gross domestic product (GDP) and stronger-than-expected incoming personal consumption data to begin the fourth quarter, the economy is now expected to eke out positive growth of 0.4 percent in 2022 before entering a modest recession in the new year, according to the December 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group views the current rate of personal consumption growth as unsustainable given the combination of a low personal saving rate and an elevated ratio of consumer debt to personal disposable income. With many cyclical indicators continuing to point toward economic contraction, including an inverted yield curve, the ESR groups forecasts 2023 GDP growth to be negative 0.5 percent, an improvement from last month's forecast of negative 0.6 percent; the ESR Group then expects the economy to begin expanding again at a 2.2 percent annual growth rate in 2024. Inflation, as measured by the Consumer Price Index, decelerated again in November, and the ESR Group expects the Federal Reserve to closely monitor historically stickier wage growth metrics to help determine how long it should continue its restrictive monetary policy regimen. With a recession predicted beginning in the first quarter of 2023, the ESR Group notes as plausible a scenario in which the Federal Reserve begins once again cutting the federal funds rate in mid-2023.

Key Points: 
  • The ESR Group modestly revised upward its total single-family home sales projections for 2022 and 2023 to 5.72 million and 4.57 million units, respectively, due to the recent significant pullback in mortgage rates.
  • To receive e-mail updates with other housing market research from Fannie Mae's Economic & Strategic Research Group, please click here .
  • Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America.
  • We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible.

HydrogeNXT Unveils Potential of Hydrogen as the Fuel of the Future

Retrieved on: 
Friday, December 9, 2022
Hydrogen, SMR, Methane, Electricity, General Motors, Vacuum breaker, Hyundai, Water, Zero-emissions vehicle, Carbon, Climate change, Natural gas, ZEV, News, State, Biomass, Mineral, Environment, Federal, Transport, BMW, Patent, Porsche

Use of hydrogen as a fuel also makes sense from an economic perspective as compared to petrol, it is highly efficient and energy dense.

Key Points: 
  • Use of hydrogen as a fuel also makes sense from an economic perspective as compared to petrol, it is highly efficient and energy dense.
  • One of the key barriers to wider adoption of hydrogen fuel technology was the lack of hydrogen fueling stations and the prohibitive cost of building the required fueling infrastructure, enabling consumers to purchase and drive hydrogen fuel cell vehicles (FCVs).
  • Leading manufacturers like General Motors, Hyundai, BMW, and Porsche are producing hydrogen-powered vehicles and with all the advantages that hydrogen fuel offers, it is definitely poised to be the fuel of the future."
  • HydrogeNXT is a company that was set up with the goal of making hydrogen fueling more widely accessible and cost effective through the use of proprietary technology that makes it possible to produce and store hydrogen fuel onsite.

Corvee Introduces Tax Planning Strategy Library

Retrieved on: 
Friday, December 9, 2022
Knowledge, Federated Shan States, Collection, Federal, Tax, Video game, Renting, Corvée

The latest addition to its expanding list of content is a new Tax Planning Strategy Library available for free on the Corvee website.

Key Points: 
  • The latest addition to its expanding list of content is a new Tax Planning Strategy Library available for free on the Corvee website.
  • As a Tax Planning software, the Corvee product takes into account thousands of different tax strategies.
  • Through the tax planning strategy library, users could find potential tax strategies they may not have known existed.
  • Corvee's tax strategy library is compiled by their team of tax planning experts who have a thorough knowledge of the US tax code.