FYI


  The Financial Accounting Foundation announced the appointment of Carol A. Kraus, CPA, to represent the National Association of State Budget Officers on the Governmental Accounting Standards Advisory Council. GASAC serves as an advisory group to GASB, the body responsible for establishing and improving financial accounting and reporting standards for state and local governments. Kraus is an associate director in the Illinois governor’s Office of Management and Budget.

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.