Data Point: $10 Billion

Amount of profit that information technology manufacturers lose to the gray market annually. While not illegal, gray market goods are traded through distribution channels that are unofficial and unintended by manufacturers. The projected gray market for IT products increased to $58 billion in 2008 from KPMG’s 2002 projection of $40 billion, placing the size of the gray market around 8% of total global IT sales.

Source: KPMG/Alliance for Gray Market and Counterfeit Abatement survey,


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.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


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.