According to the Consumer Financial Protection Bureau (CFPB), “payment processors provide access to the banking system and the means for businesses – including potentially unscrupulous ones – to extract money from consumers’ bank accounts. As gatekeepers to a system in which so much money changes hands, third-party processors as well as the banks they work […]
The threat of website accessibility litigation can loom large when companies offer products, services and employment opportunities on their websites. Many companies are evaluating and upgrading web functionality to give consistent access to those who use screen readers to read through online page content. The Department of Justice’s delay in promulgating regulations regarding website compliance […]
The faster you spot a scam, the safer you and your employees will be. In honor of National Cybersecurity Awareness Month, share these signs of a fraudulent transaction The requester sends you a check while asking for a portion of the payment to be returned. If the payment is valid, the check can be re-issued […]
The tax law reforms passed in late 2017 can save your business money on its 2018 taxes if you take advantage of the changes. Now is the time to determine how you can lower your company’s tax bill. Tax Rate Reductions – Pass-through business tax rates on qualifying income should decrease for many sole proprietorships, […]
While our recent history has been riddled with partisan and divisive politics, we look to the passing of an American hero to bring us together. Arizona Senator John McCain served the United States for decades, through wartime and peace. He placed country before self to show us what integrity and true patriotism mean in today’s […]
Why does your company require employees to take compliance training? Are you fulfilling regulatory requirements? Following industry standards? Proving that you take compliance seriously? Or is compliance training one of the corrective actions taken when employees make errors? Under increasing regulatory pressure, management teams can sometimes forget that the goal of compliance training is to […]
The California State Legislature recently passed the California Consumer Privacy Act of 2018, the strictest data protection and consumer privacy law in the country. Healthcare companies that serve California residents will be subject to meeting these new compliance requirements by 2020. As more data breaches are uncovered, expect more states to enact privacy protection laws. […]
Each type of business entity calculates and reports taxes somewhat differently. If your company is structured as a limited liability company, or LLC, you have the option to choose how your business will be taxed. Because taxes may be charged to the business or the owners, consulting with a tax professional can help you determine […]
Waste reduction and sustainability efforts are gaining momentum because they make good business sense. Customers want to buy from companies that care about our environment. McDonalds, Starbucks, and Disney recently publicized efforts to reduce plastic packaging and single-use items such as straws. While executives may support these initiatives for financial and public relations reasons, the […]
Accounting firms and departments face many challenges in today’s fast-paced market. Technology solutions can help accounting specialists keep up with the speed at which the rest of the organization is moving. Accounting Today reports these top trends for integrating technology into accounting functions. Video content to enhance marketing and training Apps that track key performance […]
