Remove blog how-to-keep-your-clients-data-safe
article thumbnail

How to think like a cyber criminal to protect your business

Xero

Over the last 12 months, millions of customers around the world have been impacted by some of the biggest data breaches in history. If your business or practice experienced a data breach, it could have a serious impact on your livelihood. And how do they get it? Data is the ultimate prize for a cyber criminal.

Start-ups 111
article thumbnail

Knowing when it’s time to update your accounting technology

ThomsonReuters

Is your firm running its gears on outdated accounting technology? Advancements in technology continue to have a significant impact on how accounting professionals work and serve their clients. Given the ever-changing regulatory landscape , increase in client expectations , and ongoing war on talent , keeping pace is imperative.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why pay for a tax research tool

ThomsonReuters

Checkpoint Edge is an AI-powered tax and accounting research tool that allows you to search for up-to-date information on what needs to get done, how it should be approached, how it needs to be documented, and the review process. When clients call, they expect you to have the answers.

Tax 59
article thumbnail

The top three security priorities for your organization as you look ahead

Xero

The last two days at Xerocon New Orleans have been a fantastic whirlwind, and I was particularly thrilled to speak about my favourite topic – how to keep your practice cyber safe – in a breakout session on the second day for our delegates. . Your employees make up ‘the human firewall’.

article thumbnail

Acterys is Now SOC 2 Compliant: What it Means for Your Organization

Acterys

In a recent study conducted by Momentive, data security was ranked as the primary concern for 77% of IT decision makers when considering a new cloud service provider. To fully understand how SOC 2 compliance benefits our customers, it is crucial to have a basic understanding of what it is. What is SOC 2? Who does SOC 2 apply to?

auditor 26
article thumbnail

Rules for When To Issue a 1099 Form to a Vendor – Updated for 2023

Nancy McClelland, LLC

So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp: This is one of many reasons you should collect Form W-9 from all service vendors before giving them their first check, just to be safe. NEC” stands for “non-employee compensation”.

article thumbnail

Rules for When To Issue a 1099 Form to a Vendor – Updated for 2023

Nancy McClelland, LLC

So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp: This is one of many reasons you should collect Form W-9 from all service vendors before giving them their first check, just to be safe. NEC” stands for “non-employee compensation”.