Newsletter Heading
The Whitlock Company News Update 
 
September 2, 2010
Taxes
Services-Tax What the New 1099 Reporting Requirement Will Mean for Businesses

We will discuss this in further detail at our upcoming seminar. See our website for more information.

Businesses of all sizes are preparing for a possible avalanche of information reporting after 2011. To help pay for health care reform, lawmakers tacked on expanded information reporting to the Patient Protection and Affordable Care Act (PPACA). The magnitude of the reporting requirement has opponents working feverishly to persuade Congress to either repeal it or scale it back. Read more...
Technology
Small logo What I Learned at DEF CON and How it Can Help Your Business
DEF CON photoOur IT Security Specialist Chris Griesemer once again attended the 2010 DEF CON Conference in Las Vegas, and returned (as usual) highly impressed and with a few ideas to strengthen your business' security.
 
My alarm sounds. Time to get ready. Big day. Vegas. DEF CON. What's DEF CON? Only the biggest hacking convention in the world held in Vegas every year. Read more...
Taxes
Services-TaxFAQ: What's New in Back-to-School Tax Savings?

It is no secret to students, working individuals going back to school, and their families that the cost of education is becoming continuously more expensive year after year. The Tax Code provides a variety of significant tax breaks to help pay for the rising costs of education, from elementary and secondary school to college and graduate school. Individuals may be surprised to learn the many different ways the tax laws can help make education more affordable these days. Read more...
 Community banking
Community BankingNew Requirements of ACH Risk Assessment for Community Banks

Effective June 18, all depository financial institutions (DFIs) will be required by the NACHA Operating Rules to conduct an ACH risk assessment, and to implement risk management programs based on the results of the assessment. This new requirement adds additional risk management practices that are common in the industry and that will improve risk management in the ACH Network when used by DFIs. Read more...
 Taxes
Services-TaxCalculating Correct Withholding and Estimated Tax

Correctly calculating your estimated tax payments and/or withholding is even more important as the year end approaches. Accurate calculations are especially important as third and fourth quarter payments become due, and your income and expenses for the rest of the year can be more accurately projected. Read more...
Media and Resources
The Media and Resources page on our website includes Whitlock Resources that provide links to:

Info Center-Includes tax event calendar, tax forms library and IRS Tax Publications library

Financial Tools-Includes various financial planning tools, calculators and spreadsheets

Newsletter-Additional tax articles and analysis

Archives - Read more from past newsletters

Quick Links
Whitlockco.com
The Whitlock Blog
Our Services
Careers
Contact Us
My Whitlock Portal
Save The Date
Health Care Reform Seminar
Join us on Thursday September, 9th at Hickory Hills Country Club. We'll discuss what the reform means for your business. Contact us for more information.
About Us 
Small logoThe Whitlock Company is a full-service CPA firm offering a range of professional tax, audit, accounting and managment advisory services to the following industries:Community Banking, Manufacturing and Distribution, Not-For-Profits, Higher Education and more. For more information, please contact us.

We appreciate your referrals. If you know of a company, organization or individual who may benefit from our services, please let us know.