How management monitors employee expenses whether using reimbursement method or company credit cards is a key internal control of the business. There are some pros and cons for both options and they have slightly different nuances when it comes to monitoring the controls over these expenditures.
Many businesses use a calendar year as their company’s tax year. It’s intuitive and aligns with most owners’ personal returns, making it about as simple as anything involving taxes can be. But for some businesses, choosing a fiscal tax year can make more sense.
Olsen Thielen is happy to announce that one of our Tax Principals, Scott Hoyles, has been awarded the Accredited in Business Valuation (ABV) designation from the American Institute of Certified Public Accountants (AICPA).
Reports of security breaches occur on a daily basis, and no company wants to see their name in the headlines as a result. Are you prepared in the event that it happens to you? A security plan will help to mitigate some of the risks and protect your assets, and
If you are a not-for-profit organization you may be wondering what is the big deal surrounding data security? Aren’t data breaches confined to the big companies like Target, Home Depot, and Sony? Why would our mission-oriented not-for-profit that helps others be a target of an attack? The reason not-for-profits are
Small businesses are always on the lookout for what can differentiate them in the marketplace, but are they overlooking a common business tool? Information technology (IT) is often thought of as the tool used for general back office functions and office employee productivity. Without these basic functions, businesses would come
Every day there are tens of thousands of new threats created, and most of them will be delivered to your employees in the form of an innocent looking email, a shared file, or an infected website. A simple click of their mouse will invite it in to your network. So
Did you know that email marketing is regulated by Federal law? In 2003, the United States Congress passed an act that legislates how and when a business can send emails to customers or potential customers. This legislation is called the "Controlling the Assault of Non-Solicited Pornography and Marketing Act of
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