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Thought Leadership

A Guide to IT Jargon for Your Contracts

A Guide to IT Jargon for Your Contracts

We’ve all seen it. Your organization has a contract in place with a key customer, but your obligations don’t necessarily make sense to the people responsible for achieving them. This is especially common with IT-related obligations, and is typically caused by the volume of verbiage addressing IT…

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Secondary Costs Mount for Business Interruption Losses Due to Pandemic

Secondary Costs Mount for Business Interruption Losses Due to Pandemic

Both “essential” and “non-essential” businesses are experiencing the impact of COVID-19 on their operations and bottom line. Business owners are looking to their commercial property insurance policy as a means of minimizing or recovering revenue shortfalls by filing COVID business interruption…

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Office Supplies on Graph Paper in Binder on Wooden Table

Mastering the New Data Collection Form for Single Audits

Even though changes in Form SF-SAC (Data Collection Form) from the Federal Audit Clearinghouse (FAC) may not sound significant, there are some potential “gotchas” entities should be aware of. Most importantly, you must now include text describing audit findings, the associated corrective action…

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Binders Stacked

Saying Farewell to LIBOR

Many companies pay interest on variable rate loans, based on the London Interbank Offered Rate (LIBOR). In response to a series of scandals in which regulators uncovered banks colluding in an attempt to manipulate LIBOR and profit from financial instruments supported by LIBOR, LIBOR will phase…

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Manufacturing Image

Can You Get a Grip on Unemployment Taxes?

Most manufacturers, distributors and retailers spend a considerable amount on salaries and bonuses, which means that federal and state unemployment insurance can represent a substantial cost of doing business. Fortunately, although there may be variations depending on the states where you have…

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Grain of Wood

Enjoying Sudden Success? Protect Your Growing Wealth for Generations

If you’re a rising professional in your 30s or 40s, perhaps an executive in the booming oil and gas sector or a talented software developer, then you’re likely achieving enviable financial success. But how can you ensure that all your newly accumulated wealth is protected for both you and your…

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