On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) into law. The IRA is a huge bill with provisions
Governor Tom Wolf has signed the 2022–2023 fiscal year budget and supporting legislation providing significant tax changes for Pennsylvania taxpayers. Corporate tax rate decrease House
On June 30, 2022, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2022-03, which (1) clarifies existing guidance when measuring the fair value of
Information Technology: Office of the Comptroller of the Currency (OCC) Points of Contact for Banks’ Computer-Security Incident Notifications Effective May 1, 2022, banks must use
The Internal Revenue Service has announced increases in standard mileage rates for the final six months of 2022. The increases become effective July 1, 2022.
It’s that time of year again where a review of your Windows Network file and folder permissions is being performed, and yet again, there appears
Don’t Forget Your Follow-Up (and Board Reporting)! The Bank Secrecy Act was enacted in 1970. Since that time, the regulation has had many changes throughout
IntroductionOn March 31, 2022, the Financial Accounting Standards Board (FASB) issued Accounting StandardsUpdate (ASU) 2022-02. The FASB’s objectives in issuing ASU 2022-02 are to improve
Reserve Board (FRB) Releases Discussion Paper That Examines Pros and Cons of a Potential United States (US) Central Bank Digital Currency (CBDC)
Financial Crimes Enforcement Network (FinCEN) Releases Updated Advisory on Ransomware and the Use of the Financial System to Facilitate Ransom Payments FinCEN updated and replaced
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) into law. The IRA is a huge bill with provisions
Governor Tom Wolf has signed the 2022–2023 fiscal year budget and supporting legislation providing significant tax changes for Pennsylvania taxpayers. Corporate tax rate decrease House
On June 30, 2022, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2022-03, which (1) clarifies existing guidance when measuring the fair value of
Information Technology: Office of the Comptroller of the Currency (OCC) Points of Contact for Banks’ Computer-Security Incident Notifications Effective May 1, 2022, banks must use
The Internal Revenue Service has announced increases in standard mileage rates for the final six months of 2022. The increases become effective July 1, 2022.
It’s that time of year again where a review of your Windows Network file and folder permissions is being performed, and yet again, there appears
Don’t Forget Your Follow-Up (and Board Reporting)! The Bank Secrecy Act was enacted in 1970. Since that time, the regulation has had many changes throughout
IntroductionOn March 31, 2022, the Financial Accounting Standards Board (FASB) issued Accounting StandardsUpdate (ASU) 2022-02. The FASB’s objectives in issuing ASU 2022-02 are to improve
Reserve Board (FRB) Releases Discussion Paper That Examines Pros and Cons of a Potential United States (US) Central Bank Digital Currency (CBDC)
Financial Crimes Enforcement Network (FinCEN) Releases Updated Advisory on Ransomware and the Use of the Financial System to Facilitate Ransom Payments FinCEN updated and replaced
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) into law. The IRA is a huge bill with provisions
Governor Tom Wolf has signed the 2022–2023 fiscal year budget and supporting legislation providing significant tax changes for Pennsylvania taxpayers. Corporate tax rate decrease House
On June 30, 2022, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2022-03, which (1) clarifies existing guidance when measuring the fair value of
Information Technology: Office of the Comptroller of the Currency (OCC) Points of Contact for Banks’ Computer-Security Incident Notifications Effective May 1, 2022, banks must use
The Internal Revenue Service has announced increases in standard mileage rates for the final six months of 2022. The increases become effective July 1, 2022.
It’s that time of year again where a review of your Windows Network file and folder permissions is being performed, and yet again, there appears
Don’t Forget Your Follow-Up (and Board Reporting)! The Bank Secrecy Act was enacted in 1970. Since that time, the regulation has had many changes throughout
IntroductionOn March 31, 2022, the Financial Accounting Standards Board (FASB) issued Accounting StandardsUpdate (ASU) 2022-02. The FASB’s objectives in issuing ASU 2022-02 are to improve
Reserve Board (FRB) Releases Discussion Paper That Examines Pros and Cons of a Potential United States (US) Central Bank Digital Currency (CBDC)
Financial Crimes Enforcement Network (FinCEN) Releases Updated Advisory on Ransomware and the Use of the Financial System to Facilitate Ransom Payments FinCEN updated and replaced
