Security for a Mobile World

by Justin Nescott 30. July 2012 10:00
What mobile devices do you own? A smartphone? Tablet or iPad? Laptop? MP3 player or iPod? How many do you have protected in the event that you lose the device or have the ability to locate or wipe it remotely if all else fails? A group of CPAs agreed that IT security is the #1 technology concern on... [More]
Categories: Tech Tips

30% of CFOs See Transfer Pricing as the Greatest Risk

by Dennis Stuchell 26. July 2012 15:40
Among 60 chief financial officers of companies with more than $1 billion in annual revenues, nearly one-third (30%) said that transfer pricing was their biggest tax-related challenge and risk, according to a new survey by Alvarez & Marsal reported by Only four CFOs reported spending mo... [More]
Categories: Advisory

Never Too Young to Consider Retirement - Contributing to a Child’s IRA

by Michael Popeck 23. July 2012 14:00
Establishing an individual retirement account (IRA) in a child’s name can be an effective planning technique for a child with earned income.  The usual IRA rules and limitations apply.  Thus, for 2012 a child must have legitimate self-employment or wage/salary income, and the annual ... [More]
Categories: Advisory

Is the PCAOB’s Consideration of Mandatory Auditor Rotation Dead?

by Harry Emerick 19. July 2012 11:00
The Public Company Accounting Oversight Board (PCAOB or Board) issued a Concept Release on Auditor Independence and Audit Firm Rotation.  The Board recently extended the comment period on the release through July 28, 2012.  Apparently the rumors of demise are greatly exaggerated. ... [More]
Categories: Advisory

What Is Next For the Individual Taxpayer Identification Number?

by Jane Lamberson 16. July 2012 14:30
Just when we thought we understood the complex set of rules  the Internal Revenue Service (IRS) had issued for nonresident aliens to obtain a taxpayer identification number (ITIN),  the IRS has announced  yet more changes.  These changes could affect many of the [1] nonresid... [More]
Categories: Advisory

Unclaimed Property News - Delaware Offers a Carrot

by Ken Urish 11. July 2012 15:15
By virtue of its being the legal home for a large majority** of corporate America, Delaware is the big dog in the world of abandoned or unclaimed property. Policies and procedures regarding the reporting of unclaimed property are under scrutiny by state treasuries across the country because it is in... [More]
Categories: Tax

OK, it’s a tax. How will you collect it?

by Kelley Owen 10. July 2012 11:15
  In a 5-4 vote, the Supreme Court has upheld “Obamacare”.  Specifically, the court held that the individual mandate (that portion of the law that requires all Americans to purchase health insurance or pay a “penalty”) is not in reality a “penalty” but ... [More]
Categories: Tax

US Supreme Court Upholds Tax Provisions of the Patient Protection and Affordable Care Act

by Steven Sodini 9. July 2012 09:35
In a landmark 5 to 4 decision on June 28, 2012, the US Supreme Court upheld President Obama’s signature healthcare laws, the Patient Protection and Affordable Care Act (PPACA) and the Health Care and Education Reconciliation Act (HCERA).  Included in these controversial healthcare reform ... [More]
Categories: Tax

Making Your Online Presence More Secure

by Chris Talipsky 3. July 2012 14:24
You might not give a second thought to having the same password on all your online sites. But this could lead to your bank account being emptied or your email being hijacked and your identity stolen. You may have even been savvy and used strong passwords but still are vulnerable just because your dog's name is Fido. [More]
Categories: Tech Tips

What MS Office Knows That You Don’t

by Justin Nescott 2. July 2012 16:50
  An excellent resource in Microsoft Office tips, hints, and general knowledge, Office Watch has posted multiple articles recently discussing some of the “hidden information” that is stored in Microsoft documents. Many of these problems were created from the introduction of the &l... [More]
Categories: Tech Tips