Industry News: LinkedIn tips for accountants and finance professionals

LinkedIn tips for accountants and finance professionals Accountants should rethink their approach to virtual networking in a post-COVID-19 landscape. Networking has been unusually difficult over the past year, and most professionals have leaned on virtual platforms to form and maintain professional relationships. Many of the best practices for navigating LinkedIn have remained unchanged by the … Read more

Industry News: Do you know what the IRS’s 10 Taxpayer Rights are?

Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. Explore your rights and our obligations to protect them. The Right to Be InformedThe Right to Quality ServiceThe Right to Pay No More than the Correct Amount of TaxThe Right to Challenge the IRS’s Position … Read more

Industry News: Do you know how an employer can claim the COVID-19-Related Employee Retention Credit?

This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support a legal argument in a court case. 72. How does an Eligible Employer claim the Employee Retention Credit for qualified wages? Eligible Employers will report … Read more

Industry News: 4 ways to build resilience to digital risks in the COVID-19 era

4 ways to build resilience to digital risks in the COVID-19 era   By 2026, almost 26% of the world’s GDP could be based on internet-based and digitally-connected industries. Seizing digital opportunities begins with an understanding of digital risk; at a minimum, companies need to understand their total exposure. Following key principles of digital risk … Read more

Industry News: Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks

Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks February 8, 2021 A machine learning algorithm may give organizations a powerful and cost-effective tool for defending against attacks on vulnerable computer networks and cyber-infrastructure, often called zero-day attacks, according to researchers. These zero-day attacks can quickly overwhelm traditional defenses, resulting in billions of dollars … Read more

Industry News: Ready for the 2021 Tax Season? Here’s How the Coronavirus Pandemic Affected Your Business Clients

Ready for the 2021 Tax Season? Here’s How the Coronavirus Pandemic Affected Your Business Clients As some of your business clients prepare to reopen their doors while ensuring the safety of their employees and customers, it’s your job to nudge them to start gathering their tax documents and financials for the April deadline. As some … Read more