Newsletters
Emerging Cyber Opportunities in Government Contracting
November 15, 2016Amid the aftermath of troubling cybersecurity breaches at various government agencies—including the Office of Personnel Management—the U.S. government and Congress have pushed for a major increase in government focus and spending on cyber protection. To assess and strengthen federal networks and systems, the White House Office of Management and Budget (OMB) launched the Cybersecurity Strategy…
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What Happened While We Watched the Election Ads?
November 10, 2016With the election behind us, perhaps we can start thinking about other things and even focus on some events that we may have missed during the fall campaign. On October 7, the New Jersey Legislature and Governor approved a tax deal that would raise the state gas tax and on November 8, New Jersey voters…
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End of an Era? Potential Termination of the NJ-PA Reciprocal Tax Agreement
November 10, 2016Governor Christie announced this week that he will NOT rescind the New Jersey – Pennsylvania Reciprocal Tax Agreement, as he threatened to do earlier this fall and I wrote about last week, giving taxpayers on both sides of the Delaware River something to add to their gratitude list for Thanksgiving. The agreement will stand as…
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HMDA – Get It Right! The New Rules
October 19, 2016The Home Mortgage Disclosure Act (HMDA)/Regulation C remains one of the top three most commonly cited laws by regulatory agencies. In 2010, Congress amended HMDA in the Dodd-Frank Act, which also transferred HMDA rule-making authority to the Consumer Financial Protection Bureau (CFPB). Dodd-Frank expanded the scope of HMDA with new data fields, including pricing information;…
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Same-Day ACH Goes Live
October 19, 2016In today’s ever-changing world, everything is moving faster, including Automated Clearing House (ACH) transactions, i.e., electronic payments. As you may be aware, effective September 23, 2016, the National Automated Clearinghouse Association (NACHA) established two new same-day settlement windows for ACH transactions. Until now, ACH transactions typically would settle the next business day. Going forward, payments…
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To Audit or Investigate: That Is The Question…
October 17, 2016Internal audits serve to provide independent assurance that a company’s risk management, governance and control processes are operating effectively, and address issues that are fundamentally important to the survival and prosperity of the organization. For example, internal auditors often look beyond financial information and consider broader issues such as the company’s reputation, competitive landscape, environmental…
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Retire At Your Own Risk
October 11, 2016Can you believe that the oldest Baby Boomers (who were born in 1946) will turn 70 this year? Although a lot of younger Boomers continue to be actively involved in the workforce, many older ones who started their own businesses are finally starting to retire. Removing a key person from daily business operations generally isn’t…
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Could A PEO Prune Your Employment-Related Hassles?
October 11, 2016For business owners, employment-related hassles can sprout like weeds and quickly grow out of control. If you find yourself constantly getting tangled in a thicket of HR and payroll problems, a professional employment organization (PEO) might be just the gardener you need. Fewer burdens – As their name indicates, PEOs take on employment-related tasks such…
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Student Debt – A Growing National Crisis
September 22, 2016Over 70 percent of Bachelor’s degree recipients need to borrow money to attend college – having racked up $1.3 trillion in student loan debt nationally. With the average debt being over $29,000 at graduation time, student debt is putting a major strain on the economy. NY Fed economist Rajashri Chakrabarti outlined the possible effect of…
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Holiday Saving Starts NOW
September 22, 2016Summer was the time to get away, but now we’re back to school, college, and work. Before we know it, Thanksgiving will be over and the holidays will be nipping at our heels. The AICPA reports that 6 in 10 US adults report the year-end holiday season is their most stressful time of year. This…
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