The season is beginning to change, the sun is out longer, the days are getting hotter and moods are lifting. Don’t “Spring” to conclusions too fast…remember we still need to get through tax season first. Who doesn’t love filing their taxes, filling out the countless forms and adhering to the ever-changing tax regulations? Each year, the IRS makes changes to the ways in which taxes are filed, and this year the “hot topic” is the Standard Deduction increase.
Topics: Managed Services
Palms sweating and hands shaking, you tear open the envelope only to be hit with the notice no one wants to see…. you’ve been fined. You ask yourself, "How could we possibly be hit so hard again?" You don’t have millions of dollars to shell out on compliance issues that could have been avoided. Where are these issues stemming from? The answer is simple. Banks constantly receive fines from customer complaints due to failure to abide to regulatory compliance, which can lead to major fines and reputation damage (no one wants their name dragged through the dirt).
Topics: Managed Services
