Archive for September 2021
The Pulse on the Economy and Capital Markets: September 6–10, 2021
At a glance Last week US stocks underperformed International, and stocks globally underperformed bonds as investors question upcoming earnings. Stock investors have shifted to predictable industries such as utilities and technology. Spiking input costs are causing lost sales and potentially pinching margins as companies raise prices to try to mitigate the impact. Disappointing profits could…
Read MoreTop Tools to Help Businesses Attract Better Talent, Faster
At a glance Stay competitive: Highly specialized talent is hard to come by in today’s hot job market, so you need a recruiting and staffing team that’s ready for the challenge. Employ savvy solutions: The most important tools to attract the right talent include a robust network, curated database, top technology and the expertise of industry professionals.…
Read MoreThe Top 4 Cybersecurity Risks in Hospitality and How to Solve Them
At a glance The main takeaway: Hospitality is one of the most vulnerable industries when it comes to cyber theft and fraud, especially under the constraints of the COVID-19 pandemic. Impact on your business: In order to avoid damages and prevent threats from materializing, hospitality businesses must prioritize and address four, key security risks. Next steps: Aprio can…
Read MoreWhat Are the Cyber Incident Reporting Requirements for Department of Defense (DOD) Contractors?
Defense Federal Acquisition Regulation Supplement (DFARS) 252.204-7012 specifies the safeguarding of covered defense information and cyber incident reporting. This contract clause is commonly recognized for introducing the requirement to implement the 110 security controls outlined in NIST 800-171. However, the DFARS clause also includes key cyber incident reporting requirements for covered defense contractors. These include:…
Read MoreInside the $80 Billion Plan to Enhance IRS Enforcement
At a glance Schedule a consultation with our team today The full story: While most of DC and the policymaking world focuses on the infrastructure bill, there is a different piece of regulatory news waiting in the wings: tax enforcement legislation totaling $80 billion. As part of the proposals made in the American Families Plan,…
Read MoreTax Update: New Guidance on New York’s Pass-Through Entity Tax Credit
At a glance Schedule a consultation The full story: Hot off the press: on August 25, 2021, New York State issued a Technical Memorandum[1] that provides guidance on its pass-through entity tax. First, let’s take a step back On April 19, 2021, New York State’s 2021─2022 Budget Act was signed into law. The Budget Act includes…
Read MoreLegislative Tax Updates that New York and Georgia Taxpayers Should Know
By: Jeff Glickman, SALT Partner At a glance Schedule a free consultation today to learn more! The full story: Below is a summary of recent legislation that was enacted in New York and Georgia. New York gives PTEs another bite at the apple for 2022 Did your pass-through entity not make an election – which…
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