Whether your company is large or small, good corporate governance can be critical in establishing a positive organizational culture. Good corporate governance is evident by responsibility, accountability, consistency, fairness and transparency. It can financially benefit an organization, leading to higher profit margins, greater dividend yields and larger stock repurchases. Setting corporate governance procedures in place…
As the legalization at the state level continues to increase, the need for business valuation is growing. The reasons for business valuations are varied and include the following: Approaches Considered The approaches considered in the valuation of cannabis businesses include the asset, income and market approaches. The approaches are described as follows: Methods Considered The…
Can a business qualify for the employee retention credit (ERC) if it experiences a supply chain disruption? Yes, but not without tying it to a governmental order that limits commerce, travel, or group meetings due to COVID-19. The broader supply chain issues stemming from the pandemic are not automatic qualifiers for the ERC. Taxpayers need…
If you received an IRS notice regarding deferred social security taxes that you partially paid back in December 2021, then you are not alone. The IRS has recently issued CP256V Notices to taxpayers that assert penalties and interest for failure to make proper federal tax repayments relating to Form 941. This article will discuss why…
We will address common questions surrounding equity such as components of equity; stock option benefits; common stock vs. preferred stock; employee stock option vs. warrant and more.
The technology industry is a fast-paced, dynamic environment that requires you to continuously focus on your business operations in a highly competitive market saturated with innovation, disruption, data privacy considerations and even ethical issues. What can entrepreneurs in the tech industry do today to survive, thrive and grow in the face of numerous challenges? Whether…
Cybercriminals are increasingly targeting law firms; extortion is quickly realized, given the nature of highly confidential client data. Cybersecurity for law firms is a top priority today, as the digital footprint is constantly expanding, leading to more entrances to a firm’s network infrastructure, which is a direct gateway to data. This expansion, combined with insider…
As organizations rely more and more on vendors, undergoing a Service Organization Control examination resulting in a SOC 2 report can help real estate service providers demonstrate security strength. The risks associated with using third parties continue to evolve, with multiple hands touching data from its origination point to its final destination. If you are…
Update: Discussions are underway in Washington, D.C. to repeal the required amortization of Research & Experimentation (R&E) expenses over a period of five years and to restore the immediate expensing of such expenditures.
On-Demand Webinar: Global Summit 2022 Keynote Listen in as Dr. Kevin Lyons provides insight into how the global community can start to think about what we can do together to minimize the impacts of climate change on our culture and the supply chains that also connect us.