Regular security testing is a critical component of achieving and maintaining compliance with PCI DSS. By conducting thorough security testing, organizations can address potential vulnerabilities and help ensure the protection of sensitive cardholder data. Read More
The 2022 Secure 2.0 Act brought welcome relief to retirement account owners by extending the beginning dates for required minimum distributions (RMDs) from age 72 up to age 75, phased in over the next 10 years. The first increase began this year, in 2023, but issues have arisen regarding implementation of the new rules for 2023 distributions. Read More
Consistent and applicable security awareness training programs are indispensable to a successful PCI DSS compliance program. By equipping employees with knowledge and understanding of security best practices as well as their own unique and individual roles in security and compliance, organizations significantly strengthen their security posture and consequently their ability to protect sensitive cardholder data. Read More
P.L. 86-272, a federal law that many companies rely on to protect them from having to pay a state's income tax, has been under attack by the Multistate Tax Commission since 2018. Despite these attacks, the law can still offer valuable protection for businesses engaged in interstate commerce. Read More
In this episode, Jim Delvin, Managing Principal of Ducker Carlisle, joins host Bob Woosley to discuss the current outlook for M&A activity and share a deeper understanding of how the interest rate environment and economic forecasts are shaping valuations and influencing seller expectations. Read More
Section 174 and the changes that occurred for tax years after December 31, 2021 have caused taxpayers and tax practitioners headaches. In the past, section 174 expenses were deductible, but they now require amortization over 5 or 15 years. Read More
The Securities and Exchange Commission (SEC) has been actively focusing on enhancing cybersecurity disclosures and requirements for public companies. As cyber threats continue to evolve and pose significant risks to businesses and investors, the SEC’s efforts aim to improve transparency... Read More
H.R. 3937, the Small Business Jobs Act, includes measures that have bipartisan support, such as raising the 1099 reporting threshold for nonemployee compensation from $600 to $5,000. Other provisions would increase small business expensing of equipment and would create rural... Read More
Estimated tax payment deadlines would be changed to a uniform, quarterly schedule under a new bill introduced by Reps. Debbie Lesko (R-AZ) and Brad Schneider (D-IL). The Tax Deadline Simplification Act, H.R. 3708, would correct the “uneven intervals” at which... Read More
In January 2023, the UK government asked for feedback on proposals to combine the UK’s two research & development (R&D) tax reliefs: the Research and Development Expenditure Credit (RDEC) and the SME R&D Tax Relief systems. The stated aim was... Read More
