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2021 Year-End Tax Planning Webinar Series
10/18/2021
As another taxing (no pun intended) year comes to an end, business owners and individuals are seeking opportunities to maximize their savings through year-end tax planning. There are many beneficial strategies out there to position oneself for success in the new year and the tax experts at Saltmarsh are here to provide clarity in a multi-part webinar series. Learn more and register!
Training in a Remote Environment from a Young Professional's Perspective
10/18/2021
As CDC guidelines encouraged companies to shift to a virtual environment to minimize the spread of COVID-19, a lot of companies had to react quickly.
So, what are some things that new hires look for?
Jordan Speed Earns Certified Public Accountant Designation
10/15/2021
We are excited to announce that Jordan Speed has officially been designated as a Certified Public Accountant (CPA). Jordan worked hard to complete the parts required to pass the CPA exam, and that hard work has paid off!
WEBINAR: Rethinking Financial Reporting - Nonprofit Strategy
10/13/2021
As nonprofit leaders rethink fundraising post the COVID-19 crisis, getting up-to-speed on how to tell your organization’s story through financial reporting is more important than ever. This webinar will cover how to use form 990 as a marketing tool and more! Join us for a webinar on November 5th from 12:00-12:45 PM (CST)/1:00-1:45 PM (EST).
Webinar Materials: Streamlining Your Company's Cashflows
10/13/2021
Cash flow in manufacturing is complex, but managing your company's cash flow shouldn't feel impossible. What you need are a few simple, actionable strategies that will take your cash flow management from chaotic to clear and productive.
Webinar Materials: Maximizing Technology to Streamline Business Processes
10/6/2021
Have you outgrown your current accounting systems? Do you have an ERP system that you are not maximizing to its fullest potential? Access webinar materials from Lean Thinking Series Part 1 with Andrew Laflin, CPA from Aclarian LLC.
Digital Assets and 21st Century Estate Planning
10/4/2021
Today, more than ever, our daily routines are intertwined with a digital world that didn’t exist that long ago. Collectively, we wake up and check our phones. “For missed calls”, you ask? No, for every reason except actual phone calls. Whatever the reason, your phone has become the gateway to your life. Welcome to the 21st century! But what happens to your digital life when you’re no longer physically alive? The answer has a lot to do with the preparations you’ve made before you pass.
Webinar Materials: New Lease Standards for Non-Public Entities
9/30/2021
The effective date of the new lease standard codified in Accounting Standards Codification, Topic 842 (ASC 842) is right around the corner for non-public entities. This webinar will discuss reporting challenges created by new standards. Access materials here.
Reingruber Alert: Phase 4 General & ARP Rural Distributions for HRSA
9/30/2021
HRSA is now accepting applications for $25.5 billion in Phase 4 general & ARP rural distributions. Learn more about Phase 4 and Phase 3 in this recent Reingruber Alert for the healthcare industry.
Crypto: Currency or Investment?A Perspectives Video from Dimensional Fund Advisors
9/27/2021
In this video (from June 22, 2021) moderated by Regional Director Courtney Scott, Philipp Meyer-Brauns, PhD, Head of Investment Solutions Analytics and Vice President at Dimensional, discusses the volatility associated with bitcoin and evaluates whether the cryptocurrency has an expected return, can mitigate investment uncertainty, or could be used to meet short-term liquidity needs. He also analyzes the role bitcoin could play in investment portfolios.
Our 33 "Saltmarsh Way" Fundamentals Awards 2021
9/27/2021
This year, we hosted our first ever Saltmarsh Fundamental Awards Ceremony! This celebration recognized individuals who live our 33 "Saltmarsh Way" Fundamentals to the fullest. We have phenomenal team members at Saltmarsh which made it tough to pick the winners!
Webinar Materials: New Mortgage Servicing Rules
9/24/2021
This timely webinar, presented by Sandford Shatz from McGlinchey Stafford, and hosted by our Financial Institution Advisory Group, will provide a brief overview of new mortgage servicing rules in federal law. Access webinar materials here.
Cryptocurrency - It's Time to Acknowledge the Elephant in the Room
9/20/2021
I never thought I would write about cryptocurrency, but with a current global market cap of $2.24 trillion, it doesn’t really matter what I might think about it anymore. There is simply too much money in this space to ignore it any longer.
Takeaways: FDIC Industry Earnings Release Q2 2021
9/16/2021
In case you haven’t already noticed, the Federal Deposit Insurance Corporation (FDIC) released the industry earnings for the second quarter of 2021 this week, and it was a mixed bag of news.
Reingruber Alert: New Provider Relief Funds to be Distributed
9/14/2021
There are new Provider Relief Funds to be distributed! Learn more in the latest Reingruber Alert...
WEBINAR: Cryptocurrency 101 - How & Why Bitcoin is the Future
9/13/2021
Cryptocurrency is quickly integrating into the financial system, which increases the need for cryptocurrency solutions. In this webinar, we provide examples of how cryptocurrency solutions are integrated within everyday banking services with safety and compliance in mind. Join us for a webinar on Thursday, October 28th from 2:00-3:00 PM (CST)/3:00-4:00 PM (EST).
Are You Ready for Nacha's Set of Meaningful Modernization Rules?
9/13/2021
Nacha’s Meaningful Modernization consists of five new Rules, all of which become effective September 17, 2021. Nacha designed the Meaningful Modernization Rules to improve and simplify the ACH-user experience for businesses and customers.
Nacha's Meaningful Modernization Rule 1 - Standing Authorization Rule
9/10/2021
Originators that have, or want to use, a different model for ongoing commerce do not have specific rules for payments that are a hybrid, falling somewhere in between recurring and single entries. By defining a Standing Authorization, the Standing Authorization Rule will fill the gap between single and recurring payments and enable businesses and consumers to make more flexible payment arrangements for relationships that are ongoing in nature.
Nacha's Meaningful Modernization Rule 4 - Alternative to Proof of Authorization Rule
9/10/2021
Under the current Rules, an originator is required to provide proof of authorization to its ODFI in such time that the ODFI can respond to an RDFI request for proof of authorization within ten banking days. Some ODFIs and originators report that a “pain point” occurs when they provide proofs of authorization, but then debits are returned as unauthorized.
Nacha's Meaningful Modernization Rule 5 - Written Statement of Unauthorized Debit via Electronic or Oral Methods Rule
9/10/2021
The current Rules state that an RDFI is responsible for obtaining a consumer’s Written Statement of Unauthorized Debit (WSUD) prior to returning a debit as unauthorized. However, the current rules do not explicitly address electronically or orally provided WSUDs. Instead, the rules explicitly allow electronic records and electronic signatures generally, which has resulted in confusion about the electronic or oral acceptance of WSUDs.
Nacha's Meaningful Modernization Rule 3 - Other Authorization Issues Rule
9/10/2021
Effective September 17, 2021, in conjunction with the Standing Authorizations Rule and Oral Authorizations Rule, the Other Authorization Issues Rule includes other modifications and reorganizations of the general authorization rules for purposes of Clarity, Flexibility and Consistency.
Nacha's Meaningful Modernization Rule 2 - Oral Authorizations Rule
9/10/2021
Currently, Nacha’s Rules do not provide oral authorizations of an ACH payment outside of a telephone call. Only the Telephone-Initiated Entry (TEL) Standard Entry Class Code (SEC) has requirements to address the risks specific to an oral authorization.
WEBINAR MATERIALS: PRF Reporting Update for Healthcare
9/9/2021
The first PRF reporting deadline is 09/30/2021... have you captured ALL permissible expenses and lost revenue? This webinar is designed as an opportunity to closely examine your PRF reporting data to make sure you have captured everything you are entitled to report before you submit your data into the reporting portal. Access materials...
Women in Manufacturing Panel - Creating the Next Generation of Women Leaders
9/7/2021
Get inspired by prominent women from the manufacturing community! This panel will focus on key strategies manufacturing businesses can deploy to create more opportunities for women in the workplace. Join us for a Manufacturing Month panel on Wednesday, October 20th from 1:00-2:00 PM (CST)/2:00-3:00 PM (EST).
Lean Thinking Series Part 3: Automation in Business Spending
9/7/2021
Did you know… business adoption of automating the accounts payable process has increased by over 120% between 2018 and 2019? Automating expense and account payable spending is changing the way companies pay their suppliers and manage their cash flow. Join us for a Manufacturing Month webinar on Wednesday, October 27th from 1:00-2:00 PM (CST)/2:00-3:00 PM (EST).
I'm Getting a Raise!
9/7/2021
In the November 2020 election, Florida voters approved to gradually raise the state's minimum wage from $8.56 in December 2020 to $15 per hour in September 2026. On January 1, 2021, the minimum wage increased from $8.58 to $8.65 for non-tipped personnel. After the upcoming increase in September, the employee will see an increase of over 14 percent in just a few months.
Reingruber Alert: The 2021 Single Audit Compliance Supplement is here!
9/1/2021
The 2021 Single Audit Compliance Supplement is here! It is intended for auditors conducting Single Audits, but is also a fantastic resource for auditees as they prepare for a Single Audit!
The FFIEC's New AIO Handbook
8/31/2021
On June 30, 2021, the Federal Financial Institutions Examination Council (FFIEC) published the new Architecture Infrastructure and Operations (AIO) Booklet, replacing the Operations booklet from July 2004. While this new booklet resembles its predecessor there are significant new themes to evaluate.
What's New with the Employee Retention Credit: An Overview
8/27/2021
The Employee Retention Credit (ERC) was created by the Federal Government to encourage small businesses to keep employees on their payroll during the COVID-19 pandemic. The credit includes qualified wages and employer health plan expenses paid to (and on behalf of) employees. Since the enactment of the ERC in 2020, it has been expanded and extended through December 31, 2021.
BankTech Bytes: The FFIEC's New AIO Handbook
8/26/2021
This BankTech Bytes Newsletter discusses the FFIEC's New AIO Handbook.
On June 30, 2021, the Federal Financial Institutions Examination Council (FFIEC) published the new Architecture, Infrastructure, and Operations (AIO) booklet, replacing the Operations booklet from July 2004. While this new booklet resembles its predecessor there are significant new themes to evaluate.
White Paper: Manufacturing Outlook, Lean Thinking to Reduce Costs3rd Quarter 2021 Insights from the Saltmarsh Manufacturing Team
8/24/2021
This White Paper discusses the need for lean manufacturing in company culture, communication to employees, and in the foundation of all operations for optimum success.
What is lean manufacturing? You’ll find a variety of definitions if you look it up, but a good synopsis is this: operating with minimal waste. This applies to every part of the operation, from people and machines to processes and systems, with the goal being to reduce waste and keep costs down while boosting productivity, quality and innovation.
Saltmarsh Named Best Accounting Service and Best Financial Planning by Tampa Bay Times
8/23/2021
We are honored to be recognized by the Tampa Bay Times as a 'Best of the Best' Best Accounting/Tax Service! We are also so excited for Saltmarsh Financial Advisors, LLC, who was also named a 'Best of the Best' Best Financial Planner in Tampa Bay!
IRS Issues Additional Guidance on the Employee Retention Credit
8/20/2021
On August 4, 2021, the IRS issued Notice 2021-49, which provides long overdue guidance for employers that have taken or are considering taking the employee retention credit (ERC) as initially made available under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and modified and extended under the American Rescue Plan Act of 2021 (ARPA). Generally, the maximum ERC for 2020 is $5,000 per employee, while the maximum for 2021 is $28,000 per employee.
Biden's Infrastructure Plan: What Is Construction's Opportunity?
8/19/2021
President Biden’s infrastructure plan is set to improve failing infrastructure, rebuild the economy and create new jobs. As of this writing, the plan, which Biden originally released on March 31 as a $2 trillion capital injection over 10 years, is a $579 billion proposal that has bipartisan agreement. Democrats, however, have signaled the bill may only move through Congress in tandem with a larger spending and tax increase package, which they may try to pass via the reconciliation process.
GovCon Updates of the Week Part 12
8/18/2021
Want the latest on the Office of Management and Budget and the Technology Modernization Fund (TMF), the Federal Acquisition Regulation (FAR)'s proposed rule, and the Cybersecurity and Infrastructure Security Agency (CISA) partnership?
Higher Education in the U.S. - Rising Costs, Enrollment Challenges and the Need for Innovative Solutions
8/17/2021
The higher education landscape has changed over the last few decades, with increasing concern regarding declining enrollment and institutions’ ability to drive revenue by attracting and retaining students at levels necessary to support operations. The impact of COVID-19 on colleges and universities has hastened this transformation. Demographic changes, policy changes, rising operational costs, and a shifting cost/revenue model have resulted in many institutions facing the very real prospect of closing their doors. Out of this new reality, higher education institutions are seeking innovative ideas to balance budgets and address these unprecedented challenges.
Nonprofit Form 990: It's More than Just Numbers
8/16/2021
The Federal Form 990 is an informational return that most tax-exempt entities are required to file with the Internal Revenue Service (IRS). This can sometimes be referred to as a nonprofit tax return. Most organizations are familiar with their annual IRS 990 filing requirement. However, many organizations see this merely as a “checklist” item to get done, and in doing so, may miss the opportunity to capitalize on the benefits of a well-prepared 990.
Why Your Company Needed to Invest in Cybersecurity Yesterday
8/13/2021
From oil pipelines to government agencies, software vendors to hardware manufacturers, insurance firms and even video game developers, each of these industries have something in common. In the last six months, headlines have been made around ransomware attacks targeting businesses and government agencies within each of these industries with seemingly no discretion.
As 2022 Draws Near, Taxpayers Should Consider Compliance With Amended Section 174 Research and Experimental (R&E) Expenditures
8/9/2021
Since late 2017, taxpayers have been implementing the congeries of changes wrought by the most significant revisions to the Internal Revenue Code (IRC) in a generation, the Tax Cuts and Jobs Act (TCJA). The interpretation and implementation of certain provisions of the TCJA is ongoing, as the Treasury and IRS continue to draft and finalize much-needed guidance.
Have You Forgotten About the New Lease Standard?Effective Date for Non-Public Business Entities for Fiscal Years Beginning after December 15, 2021
8/9/2021
The new leasing standard was supposed to be effective for non-public entities for fiscal years beginning after December 31, 2019. However, in June 2020, the FASB postponed the new lease standard implementation date for nonpublic companies to fiscal years starting after Dec. 15, 2021, after a 2019 decision to delay the effective date, as well.
Saltmarsh Honored as a Top 200 U.S. Accounting Firm by INSIDE Public Accounting
8/5/2021
Saltmarsh is honored to be ranked among the Top 200 accounting firms by INSIDE Public Accounting (IPA) for the fourth time in a row!
Potential Benefits of Section 1202 Continue to Grow
7/23/2021
Section 1202 of the Internal Revenue Code is growing in popularity among investors and may become even more valuable in 2022. Section 1202 allows founders and investors of corporations to exclude up to 100% of their capital gains derived from the sale of qualified small business stock (QSBS) held for more than five years (subject to limitations). Because the gain exclusion percentage for a shareholder depends on the QSBS issuance date, as time goes on more investors are becoming eligible for the full, 100% exclusion—and thus its rise in popularity.
WEBINAR MATERIALS: Current Update on CARES Act PRF Reporting Instructions & Recent FAQsAndrew Kent, Esq., CVA, and Claudia Reingruber, CPA, CHC
7/23/2021
New CARES Act Provider Relief Fund (PRF) Reporting Requirements were issued on June 11, 2021, and the PRF Reporting Portal opened on July 1, 2021. This webinar includes the new and better-defined reporting requirements, extended deadlines, expanded reporting periods, and other changes.
2021 State & Local Tax Year-End Issues to Consider Now
7/22/2021
State and local governments are revisiting taxpayer compliance with nexus rules and other tax policies, considering new taxes on digital services and reconsidering conformity with federal tax rules and legislation in an effort to rebuild their economies. The following is an in-depth look at five key state tax issues that taxpayers should begin considering now.
Reingruber Alert: PRF Single Audit Timelines Extended!
7/21/2021
The PRF Single Audit Timelines are extended! These new instructions were issued by the HHS on July 15, 2021.
The Sky Is Not Falling... Yet
7/20/2021
The U.S. Bureau of Labor Statistics recently announced the continued upward trend in inflation for June 2021, with the largest month-over-month gain in the consumer price index (CPI) in 13 years. Growth in the year-over-year measure of CPI also accelerated to 5.4%, and people are running around with their hair on fire!
Sponsoring a Health & Welfare Benefit Plan: Are You 5500 Compliant?
7/8/2021
Health & Welfare Plans provide benefits such as medical, dental, and life insurance. In 2002, the Form 5500 filing requirement was amended by the IRS, but many initially believed that the requirement had been fully suspended. However, the requirement was only lifted for some employers; but, for others (those not meeting the exemptions), the requirement remained in place and continues to be an annual requirement.
How to Develop and Utilize an Effective Board of Directors
6/29/2021
A well-designed and utilized board of directors can greatly contribute to the success of a nonprofit entity. When recruiting directors, it is important to understand the purpose of the board, develop meaningful criteria for director selection and ensure that there are processes in place to fully utilize each director.
Construction Tax Team Featured in Florida Transportation Builders Association's Magazine
6/29/2021
Stress, confusion, uncertainty, and annoyance – those are likely some of your memories of 2020. And while the calendar has flipped to a new year, we all continue to be challenged physically, socially, mentally and financially...
GovCon Updates of the Week Part 11
6/28/2021
Want the latest on the drop in small business contractors, the United States Air Force's potential $750 million contract and cybersecurity specifications like "critical software"?
Cares Act vs American Rescue Plan Act Funding
6/25/2021
With the enactment of the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund (Coronavirus Recovery Fund) established under the American Rescue Plan Act (ARPA) on May 10, 2021, the U.S. Department of the Treasury has made available $350 Billion to state and local governments to cover the costs incurred as a result of recovery efforts related to the COVID-19 pandemic.
GovCon Updates of the Week Part 10
6/24/2021
Want the latest news on the growing list of blacklisted Chinese companies, record spending on government contracts and a proposed change to the Department of Defense Federal Acquisition Regulation Supplement (DFARS)?
Saltmarsh Financial Advisors Recognized as Top Wealth Advisory Firm by Accounting Today
6/24/2021
Saltmarsh Financial Advisors, LLC is honored to be recognized by Accounting Today as a top firm by total assets under management (AUM)!
WEBINAR RECORDING: How to Approach Your FedLine Assessment for Banks
6/24/2021
With an update to Operating Circular 5 on October 15, 2020, the Federal Reserve added requirements for an annual Assessment for all banks. This timely webinar presented by the Financial Institution Advisory Group will cover strategies for completing the annual assessment timely, effectively, and efficiently.
Treasury's Green Book Provides Details On Administration's Tax Blueprint
6/23/2021
The Treasury Department on May 28 released its general explanation of tax proposals included in the Biden administration's fiscal year 2022 budget submission to Congress. Commonly known as the "Green Book," the 114-page document provides more details regarding the administration’s tax proposals that had been previewed in the American Jobs Plan and the American Families Plan.
WEBINAR MATERIALS: The Rise of Ransomware - The Evolution, Risk & Recovery
6/22/2021
The evolution of ransomware creates constantly changing threats to businesses and if your defense and recovery processes aren’t changing along with it, you may not be prepared to bounce back when it finds you. This webinar includes a discussion about understanding, mitigating, and managing ransomware risks as well as best practices for small businesses.
Covid-19 Implications For Presumptive Laws And Workers' Compensation
6/22/2021
Most state workers’ compensation (WC) laws clearly state that a disease to which the general population is exposed is exempt from WC. On the surface, this exemption appears to limit the impact of COVID-19 on WC coverage. Many states, however, have “presumption laws” pertaining to occupational disease and employment.
Nacha's ACH Contact Registry Rule - Phase 2
6/21/2021
Under Phase 2, on August 1, 2021, Nacha’s enforcement authority for the Automated Clearing House Network (ACH) Contact Registry Rule becomes effective. ACH participating DFIs that do not register their contact information with Nacha may be subject to a Rules enforcement proceeding and Class 2 violation fines.
Jayme Terrell Graduates From ConvergenceCoaching's Transformational Leadership Program
6/18/2021
We are proud to announce that Jayme Terrell, Director of Growth & Communications, is a part of ConvergenceCoaching’s 2020-2021 Spring Transformational Leadership Program™ (TLP) graduating class!
Reingruber Alert: Final Provider Relief Fund Reporting Requirements Are Here
6/17/2021
Final Provider Relief Fund (PRF) reporting requirements are here! These new instructions were released on June 11th and extends the deadline for PRF use for funds received on or after 07/01/2020.
GovCon Updates of the Week Part 9
6/14/2021
Want updates on the Department of Homeland Security’s (DHS) and the Transportation Security Administration's (TSA) new directive, a program called Measuring the Information Control Environment (MICE) and Congress's new bills coming this summer?
DOL Issues Cybersecurity Guidance for Retirement Plans
6/14/2021
On April 14, the Department of Labor (DOL) outlined a range of practices for combatting the growing threat of cybercrime to ERISA-covered retirement plans. This first-ever cybersecurity guidance issued by the DOL’s Employee Benefits Security Administration (EBSA) casts a wide net, addressing key issues affecting plan sponsors, fiduciaries, record keepers, as well as plan participants and beneficiaries.
WEBINAR RECORDING: Applying for Manufacturing Training Grants
6/2/2021
The Saltmarsh Manufacturing Team is excited to bring you this timely webinar, featuring FloridaMakes Business Advisor, Paula DeLuca. Key takeaways include insights to upscale workforce skills, and how to get specialized training for your company. Access recording...
Asset Liability Management Modeling in a COVID-19 World
6/1/2021
Throughout this COVID-19 pandemic, we have seen some unusual and unexpected Asset Liability Management (ALM) model results. Most notably, model results are showing lower Economic Value of Equity (EVE) values relative to base case book values than normal, created by the historically low levels of market interest rates. We have also observed cases where projected or actual asset growth rates are putting stress on regulatory capital ratios, creating a need to re-evaluate (and possibly lower) internal minimum capital target levels.
The Evolution of Ransomware
5/28/2021
As many people know, ransomware started by simply encrypting large amounts of victims’ data and holding the encryption key until the victim paid a ransom. The initial iterations of this were almost harmless, but as we look back, the genius involved is obvious. Read more!
WEBINAR MATERIALS: Nacha Operating Rules Update
5/28/2021
The Nacha Operating Rules (Nacha Rules) direct how the ACH Network is operated. As the payments industry continues to evolve, so do the Nacha Rules. Has your financial institution or business kept pace with the recent and upcoming Nacha Rule changes? Access webinar...
Maximizing Value and Minimizing Risk in Your Managed Care Contract Portfolio
5/26/2021
In the years running up to the COVID-19 pandemic, the U.S. healthcare industry was thriving with growth and innovation. With steady and growing patient volumes, broad health insurance coverage and generally adequate reimbursement and funding, the focus was largely centered around reducing the total cost of care while improving access and quality.
GovCon Updates of the Week Part 8
5/25/2021
Want the latest updates on Government fiscal year (FY) 2022 budget release, the Department of Defense's (DoD) 5G telerobotic healthcare and the president's Executive Order (EO) on Improving the Nation’s Cybersecurity? Read more!
The Excess Liquidity Puzzle
5/24/2021
Liquidity: We’re up to our eyeballs in it. Over the last 12 months, financial institutions have experienced unprecedented levels of deposit growth driven by consumer and commercial government stimulus (PPP, stimulus checks, unemployment benefits, etc.), as well as elevated household savings rates resulting from stagnant economic activity and consumer flight-to-safety behavior.
Finding Flexibility Amid COVID-19: How Nonprofits Can Scale for Success
5/24/2021
The COVID-19 pandemic has impacted nonprofits in dramatically different ways, with some organizations scrambling to meet rapidly rising demand and others shrinking to survive the ongoing crisis. Whether an organization’s situation has been one of boom, bust or somewhere in between, scalability is a universal asset in a global pandemic.
BankTech Bytes: The Evolution of Ransomware
5/21/2021
This BankTech Bytes Newsletter discusses the evolution of ransomware and what it is today.
As many people know, ransomware started by simply encrypting large amounts of victims’ data and holding the encryption key until the victim paid a ransom. The initial iterations of this were almost harmless, but as we look back, the genius involved is obvious.
Christina Doss Featured in Advisors Magazine Holistic Talk Issue
5/18/2021
In the May 2021 ‘Holistic Talk Issue’ of Advisors Magazine, Christina weighs in on the importance of a holistic financial approach to planning to achieve better results. The Saltmarsh planning methods go beyond a traditional monetary-only focus. They consider additional factors in clients’ lives, such as family, personal beliefs and lifetime goals, and focus on financial education when advising clients.
Nacha's Reversals Rule
5/18/2021
Currently, the Nacha Rules define a limited number of permissible reasons for reversing entries; but, they do not explicitly address improper uses of reversals. Nacha’s Reversals Rule will explicitly address the improper uses and will expand the permissible reasons for a reversal to include an error in the entry effective date.
Florida Enacts Economic Nexus and Marketplace Legislation
5/17/2021
On April 19, 2021, Florida’s governor signed S.B. 50 into law, making Florida one of the last states to adopt economic nexus and marketplace facilitator rules for sales tax purposes since the landmark U.S. Supreme Court decision in South Dakota v. Wayfair.
GovCon Updates of the Week Part 7
5/10/2021
Want the latest updates on the minimum wage executive order, the Army's augmented reality OTA case, and the Made in America Executive Order?
White House Unveils Plan to Help American Families Funded by Tax Increases on Wealthy
5/7/2021
On April 28, 2021, the Biden administration unveiled a $1.8 trillion plan to provide assistance to middle- and low-income families that would be largely funded by tax increases on wealthy Americans. The plan is expected to be fleshed out during President Biden’s first address to a joint session of Congress scheduled for the evening of the announcement.
GovCon Updates of the Week Part 6
5/6/2021
Want the latest updates on the Endless Frontier Act for emerging tech, the newest armed forces branch, the Space Force, and Consortia-Managed Other Transaction Authorities (OTAs)?
Tech Leaders Worldwide Have Optimistic Outlook For 2021
5/5/2021
Amid unanticipated crisis, technology leaders sprang into action and helped business continue across many industries. After weathering the worst of the storm, tech executives carry continued optimism into 2021, anticipating a continued surge in demand and further opportunities for growth.
White Paper: Manufacturing Outlook, Help Wanted2nd Quarter 2021 Insights from the Saltmarsh Manufacturing Team
5/4/2021
This White Paper discusses the staffing challenges that manufacturers face as production ramps up as the pandemic de-escalates... As the U.S. moves closer to putting the pandemic in the rearview window, “normal” seems right around the corner for the manufacturing industry, but what does that mean? In 2018, before COVID-19 reared its ugly head, organizations like Deloitte and the Manufacturing Institute anticipated that U.S. manufacturers would face a shortage of workers through 2028.
What, if anything, has changed since then?
Service Spotlight: RMHC Casual for Kids 2021Ronald McDonald House Charities Annual Fundraiser
4/30/2021
Though we couldn’t spend the day cooking up a meal or helping around the House, we were still able to make an impact at Ronald McDonald House Charities of Northwest Florida by participating in the Casual for Kids 2021 fundraiser!
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