December 2014
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A Closer Look at the Target Breach

 

by Chris Griesemer
Although other big companies have been hacked recently, the Target data breach really hit a nerve in the security community. We wondered how this could happen to a company that pours millions of dollars into their security. Let's take a closer look at what we know and what we can learn from this breach. Read more here...
Year End Tax Planning for Businesses

 

As 2014 draws to a close, there is still time to reduce your 2014 tax bill and plan ahead for 2015. This article highlights several potential tax-saving opportunities for owners of businesses operating as S corporations or limited liability companies. Read full article here...
AICPA Approves Clarified Standards for Reviews and Compilations

 

by Aaron Spencer
During its August meeting, the AICPA Accounting and Review Services Committee voted to approve clarified and revised standards for reviews, compilations, and engagements to prepare financial statements. These clarified standards are scheduled to be issued in coming days and they are effective for engagements on financial statements for periods ending on or after 12/15/15. Read full article
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