If your IT department has not taken the appropriate precautions, you may be at risk and not even know it.
Similar to state income tax, a business entity must have nexus with a state before it can be required to collect a state’s sales tax. Alaska, Delaware, Montana and Oregon do not have sales tax; though Delaware does have gross receipts tax.
Buying insurance is about sharing or shifting risk. But oftentimes we think we’re covered for specific losses when, in fact, we’re not. Here are some common coverage gaps to consider when reviewing your own insurance coverage.
According to the Association of Certified Fraud Examiners, typical organizations lose 5% of revenue each year to fraud. Most experts agree that it is easier to prevent fraud than it is to detect it. Management needs to increase awareness of fraud detection programs within their organizations as a preventive tool to deter fraud from occurring to begin with. By making employees aware, they will be less likely to commit wrongdoing