Boulay's Articles

SOC2 Section III Decoded: Your Principal Service Commitments & System Requirements

In this article, Boulay describes the SOC2 Section III criteria related to principal service commitments and system requirements necessary to describe in the report.

IRS issues final QBI real estate safe harbor rules

A safe harbor for rental real estate to qualify for the qualified business income deduction is now allowed.

Why are my Customers Asking for My SOC 2 Report?

Customers are increasingly asking for additional assurances regarding data security and protection. In today’s article, Boulay explains why and how to react.

SOC 2 FAQ

For many, SOC 2 is an oblique and confusing process. Our experts answer your frequently asked questions regarding SOC 2 to demystify this report.

IRS Provides Additional Guidance on Bonus Depreciation Under the TCJA

The IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The Tax Cuts and Jobs Act (TCJA) expanded the deduction to 100% if the qualified property is placed in service through 2022, with the amount dropping each subsequent year by 20%, until it sunsets in 2027. (The phaseout reductions are delayed a year for certain property with longer production periods.) Of course, Congress could act before that to extend or revise the deduction.

Questions Your Customers are Asking Prior to Receiving Your SOC 2 Report

At Boulay, our Technology Risk experts work with enterprises both big and small to receive their SOC 2 reports . Our approach is not only tailored to the scope of your business, but the needs of the customers that you serve. The questions below represent a sample of what we hear from organizations asking for customer SOC 2 reports which we address through the compliance process to ensure the answer is readily available when questions are asked.

Boulay Basics: SOC Report & Audit

As a consumer, you rely on a number of services to process your private information each day and implicitly trust those services to protect your information. If, for example, Apple Pay or Chase Mobile Banking were to compromise your information, you would be damaged by this breach in security and may have legal recourse to pursue those companies for the security failures that resulted in your breach of privacy.

Second Quarter 2019 Market Perspective

Second Quarter 2019 Market Perspective

First Quarter 2019 Market Perspective

File Download: First Quarter 2019 Market Perspective

Beware the Ides of March — If You Own a Pass-Through Entity

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes. Why? The Ides of March, more commonly known as March 15, is the federal income tax filing deadline for these "pass-through" entities.

Pages: Previous12NextReturn Top

CONNECT

 

 

 

CONNECT


Categories