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Hiring Summer Help

Do you remember your first summer job? It doesn’t matter if you were a babysitter, caddy, telemarketer or lifeguard. Your first job taught valuable lessons about responsibility and balancing work with family and friends. It also helped keep you out…

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Strengthen the Weak Links in Your Cybersecurity Plan

Cybercriminals never seem to give up, and for good reason: Their chances of success make it worthwhile. A recent poll entitled “IT Threats and Data Breaches” found that 94% of companies reported experiencing some form of “external threat.” After spam,…

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A Note on the Panama Papers Headlines

On Sunday, April 3, 2016, more than 11 million documents were leaked to the press by an anonymous source and published by the International Consortium of Investigative Journalists. According to some accounts, these documents, currently being called the Panama Papers…

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Watch for New Paid Sick Leave Rules for Some Workers

Last September, President Obama issued an executive order requiring federal contractors to allow employees at least seven days of paid sick leave. Proposed regulations issued in late February 2016 (subject to public comment until March 28) added flesh to the…

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Is the IRS Targeting Partnerships?

IRS audits of partnerships were up 18.6% in 2015 over the previous tax year, according to the agency’s Fiscal Year 2015 Enforcement and Service Results. That’s the highest audit rate partnerships have experienced since 2006. By comparison, audits of large…

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Green Tax Breaks for Individuals

Some lucrative federal income tax credits for certain energy-efficient home improvements were extended recently. The extensions were part of the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act), which became law on December 18, 2015. Here’s what…

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A Brave New World in Lease Accounting

Many companies choose to lease certain assets, rather than buy them outright. Leasing arrangements are especially common among construction contractors, manufacturers, retailers, health care providers, airlines and trucking companies that rely on expensive equipment or real estate in their day-to-day…

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