Data Governance Best Practices: The Impacts of Poor or No Data Governance
A major buzzword that is being discussed currently by most, if not all companies is data governance. Data governance is a comprehensive approach to...
Opportunity Zones Explained: IRS Guidance Updates
On June 4, 2020, the IRS released Notice 2020-39 which provides relief under the federal Qualified Opportunity Zone (“QOZ”) program as follows:
Entity Level Controls: Five Issues Caused by Weak or Non-Existent Controls in Place
Entity Level Controls (ELCs) are “controls that operate pervasively across and throughout the organization to mitigate risks threatening the...
Active Directory Cybersecurity: Five Best Practices
With the current state of the world in 2020, more companies than ever before have needed to leverage technology resources to continue their...
CARES Act Provides Technical Amendment to Qualified Improvement Property
Bonus Depreciation Creates an Opportunity, but Requires an Overall Tax Analysis The 2017 Tax Cuts and Jobs Act (“TCJA”) amended IRC section 168(k) to...
Balance Sheet Due Diligence—Where Does It Stand When Determining Financial Position?
When conducting a quality of earnings analysis as part of a due diligence process, a company’s balance sheet may seem like a secondary consideration...
Retail Sales Tax Exemption: A Guide for Retailers and Buyers
If you’re a retailer, you are probably aware of your sales tax collection obligation to your state. If you’re a consumer, you expect to pay sales tax...
Software as a Service Sales Tax: Wayfair’s Impact on SaaS and Digital Goods
If you are a CFO at a business that provides SaaS to clients in multiple states, new state sales tax rules will have an impact on your tax reporting...