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Form Instructions 2553 Lowell Massachusetts: What You Should Know

Sep 16, 2024 — You are about to complete the process of filling out a form called IRS Form 2553. It will give you the option to elect to be treated as a corporation. What Does It All Mean? Sep 22, 2024 — Today's business news headlines and analyst comments. U.S. economy adds jobs in August The U.S. economy added 195,000 jobs last month and unemployment dropped to a five-year low of 4.5% by the time the unemployment rates for January and February 2024 were released, according to government data released Friday. The jobless rate for January fell to 4.1%, the lowest level since March 2009. At the end of last year, the Labor Department stopped issuing monthly jobs estimates because they had underestimated the job gain from last year, due in part to an unusually warm winter and other factors. Sep 24, 2024 — U.S. economic growth slows, but jobs held up Despite weak economic growth in the 12 months through September, U.S. economic growth in the fourth quarter slowed to a 1.1% annual pace from 2% through the same period last year, according to government data released Friday. Economists expected 0.5% growth for the quarter, according to Smartwatch. The report comes one day after the U.S. trade deficit widened in the first three months of the year, with imports rose 2.2% to 57.1 billion from a year ago, after a 2.5% gain in the fourth quarter. “Despite weak activity in the September quarter, job creation is consistent with our expectation,” says Jim Baird, chief investment officer at Plant Moran Financial Advisors. [Source] Sep 30, 2024 — U.S. unemployment drops to 4.5% The U.S. unemployment rate dropped to 4.5% in September, marking a big achievement for President Donald Trump as Congress and the White House try desperately to revive the country's economy.

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