Should C Corporations be Revisited?

With the recent changes in the Tax Cuts and Jobs Act and C Corporations seeing significant benefits, many have begun to circle back on their entity status. Why were tax rates reduced for C corporations under the new law? To put it simply, they wanted to incentivize the ‘big boys’ who chose to operate overseas… Read more »

What is missing? | Disaster Recovery Planning

With all of the focus on Cybersecurity in IT these days I think it is important to not forget about your disaster planning.  A cyber-event can definitely be considered a disaster and sometimes your Disaster Recovery Plan (DRP) could save you from a cyber-event but I want to talk about a basic element of a… Read more »

ISACA | State of Cybersecurity Survey

ISACA recently released results from the annual global State of Cybersecurity Survey conducted last October.  A total of 2,366 individuals with a Certified Information Security Manager (CISM) and/or Cybersecurity Nexus Practitioner (CSX Practitioner) participated in the 2017 survey.  The results were not earth shattering but some were of interest. From a threat landscape perspective, the… Read more »

Succession Planning – Take Control of Your Destiny

Why do I need to do succession planning? Ask yourself the following questions: How would the business continue if something happened to me? Would there be an orderly transition of the business? Would our client/customer needs continue to be met in a timely fashion? How would the business be liquidated?   When evaluating the first… Read more »

Who’s On First? | What is team building and why is it important? 

We most commonly think of teams in the context of sporting events. We watch the players run, hit, skate, or shoot, all within the prescribed timeline of a game or period, and at the end of the game, someone wins, and someone loses.  A team consists of a group of individuals working together to achieve… Read more »

Back to Basics: Protecting the Perimeter

The past several articles in the Back to Basics series have addressed controls inside the network—passwords, user management, and mobile device security. But even the best of these controls are for naught without strength at the perimeter of your network. Today we consider ways to minimize cybersecurity risk to your organization’s system from the outside… Read more »

Will C Corporations be the Comeback Kid of 2018?

Business owners are curious about the decrease in the C corporation income tax rate to a flat 21%, which begins in 2018 as a result of The Tax Cuts and Jobs Act, signed into law in late 2017.  Prior to 2018, C corporations paid a maximum federal tax rate of 35%.  This decrease in the… Read more »

Tax Cuts & Job Act | Congress Passes 2017 Tax Reform

The Tax Cuts and Jobs Act has been approved by Congress and signed by President Trump. While the tax reform bill has seen various modifications and transformations, it now appears it has reached it’s final form as it was signed into law by President Trump December 22, 2017. updated 12/29/17   |   updated 12/27/17 Learn More… Read more »