In an age where cash and wire fraud are increasingly more common, having strong internal controls over cash has become even more important. To help eliminate fraud risks, consider the following strategies: Perform Bank Reconciliations: On a monthly basis, review the transactions hitting the bank account and reconcile the activity...
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Employees are critical to an organization’s network security. They are frequently exposed to sophisticated phishing and ransomware attacks. Did you know, 91% of successful data breaches started with a spear phishing attack? Employees should be educated so they know what to look for and can remain vigilant with security as...
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Effective starting January 1, 2024, Minnesota now requires employers to provide eligible employees with time off for those who work in the state of Minnesota. This only applies to employers who have existing sick time policies which do not meet or exceed the new requirements. The paid leave can be...
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January 2, 2024 by Staff
Diana Sturos and Aaron Rindahl have continually demonstrated a commitment to making this firm great. They put the firm first and embrace any challenge presented to them. Please join us in congratulating Diana and Aaron on their promotion!
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The Corporate Transparency Act from 2021 (CTA) created new reporting requirements that will impact many businesses. Certain companies will need to disclose their beneficial owners through filings with the Financial Crimes Enforcement Network (FinCEN) beginning on January 1, 2024. The report will be filed through FinCEN’s website (https://www.fincen.gov/boi). Who is...
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