Share As you may have heard, the AICPA’s Assurance Services Executive Committee (ASEC) released the Guide – Reporting on an Entity’s Cybersecurity Risk Management Program and Controls on May 1, 2017. Since this is a relatively new type of SOC audit, we thought we’d provide some clarity into the frequently asked questions we get around…
The Internal Revenue Service (“IRS”) provides guidance in order to assist employers in classifying workers as an employees versus independent contractors. The proper classification helps employers determine whether they are required to withhold Federal and if applicable, state, and local income taxes; Federal Insurance Contributions Act (“FICA”) tax; Federal Unemployment Tax Act (“FUTA”) tax and additional…
IRS Continuing Educational Efforts The Internal Revenue Service (“IRS”) has made a concerted effort to make information and educational items, which are useful to both taxpayers and professionals, more readily available on its website. IRS Podcasts One such educational item now offered by the IRS is an issue podcast (“podcast”) which is a resource the…
Transitioning Technology into your Real Estate Company The biggest issue with new technology for non-millennials is change. Most non-millennials like the way they run their businesses and may not want to implement any changes unless it is absolutely necessary. They may not want to take the time to understand and learn how to use new…
Practical Cloud Planning: Impacts And Opportunities Moving to the cloud offers a great opportunity to improve and even transform the IT infrastructure within your organization. Unfortunately, many businesses don’t truly appreciate the fact that they are moving to the cloud when they start using a software package such as Office 365 (or Google for that…
Can Office 365 Improve Organizational Knowledge? Those of you who regularly read my posts know that I’m not a fan of sitting on the fence – I like to be definitive with my opinions. So, if you’re wondering whether or not Microsoft Office 365 really improves organizational knowledge management, here’s my answer: Yes, it does….
Federally Qualified Health Centers (“FQHC”) and Community Health Centers (“CHC”) (hereafter collectively referred to as “the Centers”) are safety net providers that serve the most vulnerable consumers of healthcare in America by providing necessary services without consideration of their ability to pay. Health centers are defined in the Public Health Services Act (“PHSA”) as “entities…
Of all the business protections that companies routinely have in place, the one that seems to get the least attention is the buy-sell agreement. Business advisors observe that existing buy-sell agreements often go stale more quickly than most business owners imagine, especially when it comes to determining the value of their individual stake in their…
Mother Nature’s wrath can be manifested in any size, shape or form. Whether it be from hurricanes, tornadoes, earthquakes, snowstorms, fires, or floods, the impact of a natural disaster can be immeasurable. Natural disasters can and have caused devastating and costly damage to communities and resorts across the globe and they do not discriminate based…