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Firm News
Announcing New Staff Updates
Kevin Hogan Anne McCormick
Whitlock is celebrating the New Year with new company growth. The company recently promoted Tax Manager Kevin Hogan to Senior Manager, and made two new hires: Melinda Williams as a Tax Preparer and Anne McCormick as Marketing Coordinator. Read more... |
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Community Banking
Securing Your Customer Files And Information
By Chris Griesemer, Manager
We have been doing IT exams for more than ten years and one overriding area of concern we see constantly is customer privacy. This has become one of the hottest topics with examiners lately.
The examiners have a tendency to tell you to do something without giving any guidance. You will not receive an explanation on how to achieve their goals and sometimes they don't even explain why. Customer information is one example. Why does it need to be so secure? This question has a lot of answers, but this article will focus on the internal risks. Read more... |
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Taxes
Hiring Additional Workers? New Info About The Work Opportunity Tax Credit.
By Jay Logal, CPA With the economic conditions beginning to move in a positive direction many employers may find themselves needing to hire additional workers. The hiring of these new employees may qualify you for the Work Opportunity Tax Credit.
The Work Opportunity Tax Credit is a credit that employers can take against their federal income tax liability. The credit is designed to encourage the employment of certain disadvantaged groups.
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Firm News
Ties to Top Peers Help Enhance Our Service Capabilities
Thanks to the addition of two major firms to our international network, we have recently augmented our service capabilities and broadened our domestic and global reach.
As an independent member of PKF North America, The Whitlock Company has strong relationships with leading accounting firms around the country. The addition of Eisner, LLP, based in New York City and Wipfli, LLP, based in Milwaukee, add depth and expertise to the worldwide network. These firms are among the largest (23rd and 25th respectively) and most successful in the United States. Read more... |
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Taxes
IRS Chooses To Wait For Congress To Act On Employer-Provided Cell Phone Tax Rules
IRS Commissioner Douglas Shulman has announced that the IRS will no longer attempt to draft rules on the taxation of employer-provided cell phones. Instead, Shulman reported that the agency will wait for Congress to take action. The commissioner made this announcement during a January 8 television interview. "We're quite hopeful Congress is going to act on this," Shulman stated, "In the meantime, we're not doing anything special or moving forward with any initiatives." Read more... |