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Robust Reporting: Know Where You’re at and Discover New Opportunities
You’d hope that all your reporting and deliverables would be “robust,” but it’s not always the case. Robust Reporting enables companies to stay on all… Read More Robust Reporting: Know Wher...
Tax Issues for Flood and Disasters
While the heavy rains have ended and the water receded in parts, many individuals are beginning to evaluate the damage caused by Hurricane Harvey, and… Read More Tax Issues for Flood and Disasters...
Realizing Your Business Strategy by Boosting IT Operational Maturity
When organizations look for managed services providers, they typically consider the skills and technologies in a managed services provider’s arsenal, along with experience and customer… Read More...
A Practical Application of Enterprise Mobility Protection
Companies of all types and sizes are becoming targets for all types of bad actors from the mischievous to the criminal. Solutions exist to offer… Read More A Practical Application of Enterprise Mob...
Go with the Flow – How to Set Date Based Alerts with Microsoft Flow
With the release of Dynamics 365 (D365) for Operations, one of the most often requested missing features was alerts. Flow is often mentioned as a… Read More Go with the Flow – How to Set Date Bas...
Framework on Tax Reform Released by the Administration and Congressional Leaders
After several months of speculation, the Administration and Congressional leaders unveiled their tax reform plan on September 27, 2017. Tax reform has been in the… Read More Framework on Tax Reform...
How to Create a Secure Password Policy for Your Organization
Passwords are an essential part of security at any organization and an important element in preventative measures to keep hackers from getting in the door… Read More How to Create a Secure Password...
Non-Listed Encryption Solution Assessment (NESA) Documentation
The Payment Card Industry Security Standards Council (PCI SSC) previously released guidance that allows Qualified Security Assessor for Point-to-Point Encryption (QSA (P2PE)) companies to com...
Governor Signs Bill to Extend and Revise Illinois EDGE Tax Credit Program
With the recent news of the FoxConn multi-billion deal to start operations in Wisconsin, it became apparent to the Illinois legislature that having key incentives… Read More Governor Signs Bill to ...
HR OutTasking E-Book
As human resources becomes more strategic than ever, you need the best resources and highest expertise to keep your organization up to date and compliant… Read More HR OutTasking E-Book
Considerations Regarding the New Partnership Audit Rules for 2018 and Beyond
BBA’s Changes Taking Effect Soon The Bipartisan Budget Act of 2015 (BBA, signed into law on November 2, 2015) covered a variety of items, but… Read More Considerations Regarding the New Partnersh...
Getting People and Productivity to Rock with Office 365
Over the last 12 to 18 months, the concerns that business and IT managers voice when they think about the cloud have changed. It used… Read More Getting People and Productivity to Rock with Office ...
Sikich releases IEM Configuration Solution for Microsoft Dynamics 365 Enterprise
Preconfigured technology solution is designed for equipment, discrete and complex product manufacturers NAPERVILLE, Ill. — Aug. 22, 2017 — Professional services firm Sikich LLP recently releas...
Tax Reform Eclipses ACA Repeal Now on Capitol Hill
A key item on the Republican agenda this year was the repeal and replacement of the Affordable Care Act (ACA). While legislation passed in the… Read More Tax Reform Eclipses ACA Repeal Now on Capit...
FASB Issues a Proposed Standard To Clarify the Characterization of Grants as Exchanges or Contributions
Proposed Standard Addresses Diversity in Accounting Practice for Grants as Exchanges or Contributions and in Distinguishing Between Conditional and Unconditional Contributions. On August 2, 2017,… ...
Advantages of a Cross-Tested 401k Plan
Your 401(k) plan can provide a benefit to more than just your employees; when designed properly, it can also benefit owners and targeted groups, such… Read More Advantages of a Cross-Tested 401k Pl...
Late on Filing Health Insurance Coverage Forms? IRS Notices Require Prompt Action
The IRS recently released notices to Applicable Large Employers (ALE) who have failed to deliver employee statements to their staff and file them with the… Read More Late on Filing Health Insurance...
Wellness Plan Incentives Can Have Unhealthy Tax Consequences
As more companies seek to offer wellness programs or incentives to their employees, issues and confusion concerning the taxability of health-related programs emerge. Guidelines outlined… Read More ...
Auto-IRA Initiative in Illinois Meets Exemption Challenges
Illinois may face challenges during attempts to implement a binding, state-based auto-individual retirement account (IRA) program for private employers. During the initial proposal of a… Read More ...
High Times in the Workplace…What is all the Buzz About?
Although marijuana is still illegal at the federal level, as of today, at least 28 states have legalized the medical use of the drug, and… Read More High Times in the Workplace…What is all the Buzz...
Should a Retirement Plan Implement a Fee Policy Statement?
Like all other fiduciary actions, the value of a fee policy statement is a function of how well it is written and how consistently a… Read More Should a Retirement Plan Implement a Fee Policy State...
Illinois Tax Changes: The Good, The Bad, and The Ugly
The fallout from the recent passing of the Illinois budget consists of changes to tax rates and elimination of certain deductions, as well as a… Read More Illinois Tax Changes: The Good, The Bad, a...
AMF Bakery Systems partners with Sikich to implement Microsoft Dynamics 365 Enterprise
Manufacturer of high-speed bakery equipment to enhance technology with Microsoft Dynamics 365 NAPERVILLE, Ill. — July 28, 2017 — AMF Bakery Systems, a leading manufacturer of… Read More AMF Ba...
Herding Skinny Elephants – ACA Repeal Effort Fails in Senate
ACA Update 5.0 As you may recall, the House Republican leadership struggled corralling its members into moving forward with the Affordable Care Act (ACA) repeal… Read More Herding Skinny Elephants ...
Considering trading your equipment on a lease? Understanding the tax rules, risks and rewards will help with smarter leasing
The art of tax planning can be tricky – especially when it comes to the minutia of business decisions, like trading in your equipment on… Read More Considering trading your equipment on a lease? ...
How Adaptive Insights Solves the Top 5 Forecasting Business Challenges
1. Using standard Excel functions for forecasting Many forecasts originate from excel data sheets that have been used year after year. While excel is an… Read More How Adaptive Insights Solves the ...
Dynamics 365 Vendor Collaboration Setup & Functionality
Microsoft has updated the architecture and features of Vendor Collaboration in Update 7. There is now a menu module, workspace, and forms to support the… Read More Dynamics 365 Vendor Collaboration...
How to use Office 365 to Protect Your Organization from Email Spoofing
Spoofing is a common challenge that organizations face in today’s world. Spoofing can lead to increased spam and more intensified phishing campaigns leading into malware… Read More How to use Off...
ACA Repeal Unveiled in the Senate Could Set the Stage for Some Early 4th of July Fireworks in Washington
After months of rumors and anticipation, the Senate finally unveiled on June 22, 2017 its ACA repeal bill; named the “Better Care Reconciliation Act of… Read More ACA Repeal Unveiled in the Senat...
NFP Fraud is Often Hidden in Plain Sight…Is Your Organization At Risk?
If you’re a not-for-profit organization that depends upon the audit process to catch a dishonest employee or fraud that is occurring in your workplace, you… Read More NFP Fraud is Often Hidden in...
Auto Enrollment/Escalation in Retirement Plans – Its Success Often Depends Upon Employer Actions
There’s no disagreement that saving for retirement is something everyone needs to be doing. Yet, still today, not everyone is doing it. As companies continually… Read More Auto Enrollment/Escalat...
Empower Your Customers with a Self-Service Portal
NetSuite users are sometimes reluctant to enable access to the Customer Center for their customers, but it can provide a self-service experience that is an… Read More Empower Your Customers with a ...
NetSuite 2017.1 Updates: CSV Import Enhancements
The new NetSuite 2017.1 release has enhanced the user experience in a variety of ways, one of which is the CSV import function. NetSuite has added… Read More NetSuite 2017.1 Updates: CSV Import En...
Sikich Experts Jumpstart Your CRM Efforts in 3 Easy Steps
NetSuite is a great financial solution to help your business’ daily activities, but it is also a great CRM solution! Many NetSuite users don’t use… Read More Sikich Experts Jumpstart Your CRM E...
401(k) Hardship Distributions Come With Strings Attached for Employers
Do You Have Appropriate Documentation and Protocols in Place for Safe Harbor Distributions? The IRS has indicated via memorandum the concern that not all employers… Read More 401(k) Hardship Dist...
Understanding Industry 4.0 Trends and Opportunities for Specialty Chemicals Manufacturers
There is a lot of information about how Industry 4.0 is going to change the way manufacturing is done. Specialty chemicals manufacturers will see some… Read More Understanding Industry 4.0 Trends a...
Proving the Value and Achieving Measurable Outcomes From Your First Industry 4.0 Initiatives
In specialty manufacturing operations, companies use various types of complex production machinery, such as blenders, centrifuges, tanks, pumps, extractors, motors, process controllers, and reactor...
Transforming Relationships with Customers, Trading Partners, and Competitors in the Context of Industry 4.0
When you take your Industry 4.0 initiative to customer relationships and the product portfolio that you offer, you benefit from your sharpened focus on customer… Read More Transforming Relationship...
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
