GBQ IT Services analyzed the recent surge of disclosed security breaches. The recent big brand announcements from firms such as Deloitte, Equifax, Accenture and others contributed to a record setting year for cybersecurity failures.
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Cyber Security Advisory

GBQ IT Services analyzed the recent surge of disclosed security breaches. The recent big brand announcements from firms such as Deloitte, Equifax, Accenture and others contributed to a record setting year for cybersecurity failures. We have identified these common issues associated with the events.

Industry Disruption – The Autonomous Vehicle Of Accounting

As we have all experienced throughout our lifetimes, the pace of technological advancement is swift with far reaching implications to our behaviors, lifestyle and economic decisions. The business environment is no different as advancements such as robotics, electronic data interfaces and advanced computing have significantly impacted numerous industries.

Rental Of Residences And Vacation Homes

Residences used personally by taxpayers generally fall into one of three categories when determining their tax treatment. In some cases it might make sense to extend personal use so that the property comes under the vacation home rules rather than rental rules.

Will The Accounting For Your CAM Expenses Change With The New Leasing Standard?

You’re likely aware that a new accounting standard update for leases was issued in 2016. The objective of this update is to bring all leases onto the balance sheet and to recognize them as lease assets and liabilities.

Weigh Your Options For Cashing In On Outstanding Invoices

Got the accounts receivable blues? Collecting cash from customers takes time. Here are some creative ways to monetize what’s outstanding on your balance sheet.

How Do Your Accounting Estimates Measure Up?

Every business uses estimates to report financial results. But some estimates are prone to errors and fraud. Here are reasons why you’ll want to review your estimates before year end.

Valuation Often Affects Succession Plans In Hard-To-See Ways

The appraised value of any given company is no simple thing. As you develop a fully formed succession plan, be sure you clearly see the whole picture when it comes to valuation.

4 Ways To Get (and keep) Your Business Data In Order

They say nature has a tendency to fall into disorder. The same holds true for business data. Here are four ways to keep your digital house in order and get the most from your company’s information.

 A Dynasty Trust Keeps On Giving Long Into The Future

If you wish to spread your wealth to loved ones 50, 75, or 100 years from now, a dynasty trust is the proper vehicle. Here’s more information about this valuable estate planning tool.

Who Should Own Your Life Insurance Policy?

Your decision on who should own your life insurance policy at your death depends in part on whether you want to replace income, provide liquidity or transfer wealth to loved ones.

2 ACA Taxes That May Apply To Your Exec Comp

Restricted stock, stock options and nonqualified deferred compensation can be valuable forms of compensation. But could your exec comp be subject to the additional 0.9% Medicare tax or the 3.8% NIIT?

Accelerate Your Retirement Savings With A Cash Balance Plan

Many business owners are so focused on their business that they neglect retirement planning. If you’re among them, setting up a cash balance plan for your business can turbocharge your retirement savings.

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