2020 Fall Edition

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Data protection and the negative implications of shadow IT

The coronavirus pandemic forced many businesses to send employees home without much, if any, lead time to set up company-approved technology services for a secure remote work setup. Shadow IT refers to the use of unapproved technology services or devices without the knowledge or approval of the company’s IT department.

2020-09-15T20:29:21-04:00September 15th, 2020|2020 Fall Edition, News & Views|

Patience required in dealing with IRS correspondence

Even before the pandemic, the IRS was experiencing problems in timely handling many types of correspondence dealing with tax liabilities. Taxpayers’ and their advisors’ patience with the process was tested routinely.

2020-09-15T20:25:35-04:00September 15th, 2020|2020 Fall Edition, News & Views|

Employee fraud in the pandemic: An employer’s response to the COVID-19 environment

The COVID-19 pandemic has impacted employee fraud in the workplace. Learn how the pandemic has strengthened the three elements of the Fraud Triangle (pressure, opportunity, and rationalization) and how your organization can fight back.

2020-09-15T20:25:26-04:00September 15th, 2020|2020 Fall Edition, COVID-19 Business, News & Views|

Did you receive a Paycheck Protection Program loan? Don’t forget about the tax implications!

By now, you have received and spent some or all of your PPP loan funds. As you focus on forgiveness, make sure you are prepared for the tax implications.

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