Certified Public Accountants
& Business Consultants 

According to the 2015 Cost of Data Breach Study by the Ponemon Institute, more than 70% of all breaches last year were caused by malicious attacks or human error. Many of these were simple mistakes made by employees unaware of what they were doing.

On May 20, 2015, Governor Bill Haslam signed the Revenue Modernization Act. The Act expands the definition of nexus, changes sourcing rules for franchise and excise tax purposes, places greater weight on the sales factor for franchise and excise tax purposes, and makes other changes.

Kansas lawmakers have enacted broad tax law changes to balance the state’s $400 million budget shortfall.  Below is a summary of the tax plan passed, which passed in two different bills, H.B. 2109 and S.B. 270, effective July 1, 2015 and applicable as noted.

As we head into the last half of the year, it is important to understand and prepare for the employer reporting requirements of the Affordable Care Act. Many pivotal elements of this law went into effect at the beginning of 2014. While employer information reporting was optional for calendar year 2014, it will become mandatory for all applicable large employers starting in early 2016 for calendar year 2015.
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