Archive for March 2014
Test Your Service Contract Act Knowledge
No contractor is naturally compliant with the Service Contract Act (SCA). Successful compliance with SCA involves numerous disciplines within the organization, including human resources, project management, accounting, and pricing. Intentional steps must be taken to ensure full compliance with this complex regulation. Measure your own knowledge of and compliance with SCA by following the ten…
Read MoreCyber Insurance: Just One Component of Risk Management
401(k) Sponsors Beware: A DOL Limited-Scope Audit is Not Really “Limited”
Is your employee benefit plan participant count causing you to become dangerously close to needing an audit? Have you just received your compliance testing results from your record-keeper and realized that your benefit plan requires an audit this year? Your first response may be to panic (because who doesn’t panic at the word “audit”?). Then…
Read MoreThe IRS Audit Risk Profile of Section 409A is Changing
Is your company prepared? By Mitchell Kopelman, partner-in-charge of Tax If your company has issued or is planning to issue stock options or similar instruments to employees as part of their compensation package, then you are likely already familiar with Internal Revenue Code section 409A (409A). 409A is the federal tax rule that is used…
Read MoreTime to Rethink DoD Cybersecurity
Implementing and Paying For the New DFARS UCTI Safeguarding Contract Clause Q: Will contractors be required to go through the certification and accreditation process for their unclassified systems and, if so, who will be the accrediting authority (i.e., DSS, DOD, NETWARCOM)? A: At this time, it is unclear if specific certifications will be required to…
Read MoreIRS Issues New Transfer Pricing Audit Roadmap
The IRS released a Transfer Pricing Audit Roadmap on February 18, 2014. The Roadmap, which was issued through the IRS Transfer Pricing Operations of the Large Business and International (LB&I) division, was developed to provide audit techniques and tools for transfer pricing examinations. The Roadmap is designed as a comprehensive toolkit based on an audit…
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