Should I Consider Combining Long-Term Care and Life Insurance?
We have an aging population. It’s not uncommon for people to spend more than a third of their lives in retirement. You work hard and save money so you can enjoy those years and pass something down to your children. But what happens if you get sick for a long period of time? Most health […]
Opportunity Zone Funds: What They Are and How They Work
One of the key components of the 2017 tax reform legislation that didn’t receive much attention was the Investing in Opportunity Act. This created the Opportunity Zone program, which is intended to stimulate private investment and job creation in economically distressed communities rather than relying on taxpayer dollars. Since the regulations were just finalized in […]
Collecting Sales Tax in the Wake of Wayfair: What You Need to Know
For years, if your company sold products online, a state could only require you to collect state sales tax if you had a physical nexus (offices, distribution centers, payroll, etc.) in that buyer’s state. The Supreme Court ruled in 1967 and again in 1992 that this physical presence test would apply. For example, if a […]
What Does Google Know About Me?
LFL Veritas thanks Ron Buesing of Certus Technologies for sharing his expertise for this blog post. Quite frankly, the amount of data that Google collects about people each day is shocking. What’s even more shocking is that the average person has no idea what information they permit Google to collect, who has access to this […]
New Jersey Says “Happy Holidays” with the Gift of Tax Amnesty
The New Jersey Division of Taxation recently announced a two-month Tax Amnesty program to allow qualified individuals and businesses to file past returns and pay back taxes with one-half of interest owed and no penalties. All returns and payments must be received or postmarked by January 15, 2019. The state has gone to great lengths […]
How a Data Governance Program Helps You Take Control of Your Company Data
According to the 2017 Data Genomics Index, the amount of data grew at a rate of 48.7 percent in 2017. That means we’re close to doubling the number of files created every two years. However, one-third of all stored data hasn’t been modified in three years, and 9 percent hasn’t been modified in seven years. […]
Year-End Tax Moves to Consider Before December 31
There are only a few weeks left in 2018, but you still have time to take steps that can put you in a more favorable tax position. Because of the new tax law, many taxpayers aren’t sure about what year-end actions make the most sense. For example, are certain tax incentives that are available in […]
The Clock Is Ticking on Windows 7. Time to Upgrade or Deal with the Risks.
Microsoft ended mainstream support for the Windows 7 operating system in January of 2015. That means security patches are still be distributed, but no new features have been added in nearly four years. However, Windows 7 is still the most widely used operating system with 40.88 percent of the market, according to September 2018 data […]
If You Handle Payment Cardholder Data, PCI Compliance Is a Requirement, Not an Option
You’ve probably read news stories about data breaches involving major brands and the exposure of credit cardholder data. Just this year, Sears, Macy’s, Panera Bread and Under Armour reported hacks that compromised customer data. However, most data breaches don’t make headlines because they involve much smaller businesses. In fact, according to the Verizon Data Breach […]
LFL Veritas attends the We Make – Autism at Work launch event
On October 17, 2018 – Rich Feld, Jay Levine, Laura Yaeger, and Jesse Herschbein attended the official launch party of We Make – Autism at Work at their facility in Pennington, NJ. We Make – Autism at Work is an organization that creates an innovative approach to work for people with autism, with everything from […]