Latest Insights
Dive into Sikich’s entrepreneurial thought leadership, for clarity on the recent trends affecting your business.
Sikich Series on Business Succession Planning: How to Value Your Business
There are many reasons a business owner may want or need a business valuation, including negotiating a merger or business sale, considering new shareholders, estate planning, or marital dissolution; however, there are only a few accepted business valuation approaches.
OSHA Provides Important Clarification on Safety Incentive and Drug Testing Guidance Programs
Earlier this month the Occupational Safety and Health Administration (OSHA) announced important clarifications to the 2016 injury and illness rule. Previously, the 2016 ruling was viewed as having the potential to penalize U.S. employers for certain drug testing policies and
Finding N:N Relationships with Dynamics 365, Logic Apps, and Flow
Where is my new relationship?? After searching the list of entities, my eyes were getting tired. I could not find the N:N relationship that I had created between Contacts and Customers (Accounts). The schema name was new_contact_customerlocation and it had
Update Your #HashtagStrategy
Businesses can connect with their audience and build their brand by leveraging hashtags. But don’t think that just putting the “#” symbol in front of any word will make it #effective. If you fear your current digital marketing efforts aren’t reaching or engaging your target market, driving sales, or increasing web traffic, consider reviewing your hashtag strategy. Read on for
NetSuite for the CFO and Controller
CFOs and Controllers might not be logging into the system on a day-in and day-out basis. With NetSuite, there are alternative ways users can consume information. CFOs will typically want real-time push notifications to review specific reports. For example, you
New Custom Wisconsin Sales and Use Tax Exemption Certificate
The Wisconsin Department of Revenue (WDOR) recently made available a customizable electronic sales and use tax exemption certificate. According to WDOR’s website, taxpayers can “use the electronic certificate to claim an exemption from Wisconsin state, county, baseball stadium, local exposition,
Merger & Acquisition Disputes Involving Private Equity Firms
Private equity (PE) firms are built on business models unlike a traditional firm. The operating model of a PE firm is fueled by a shorter-term investment horizon and financial engineering/transformation; whereas, strategic and traditional buyers opt for a longer-term
How Will Like-Kind Exchanges (Trades) of Equipment Affect Farmers Under the New Tax Law?
Have you heard talk at the coffee shop or grain elevator that the new tax law will prevent you from a tax-free exchange of your farm equipment? Yes, it is true for exchanges completed after 2017. The new tax law,
How to Create Quick Access to File Attachments in NetSuite
One of the great things that NetSuite allows for is the attachment of files to a transaction. This is perfect for adding supporting documentation like acknowledgments and invoices sent from a vendor. What if you could take it a step
Microsoft’s Task and Project-based Ecosystem – Part 1
Microsoft has historically provided a variety of tools to help you manage and track the work you as an individual perform as well as what your team delivers in terms of a “temporary endeavor to deliver a product, service or
Green Manufacturing: How to Be an Eco-friendly Manufacturer
Green manufacturing is the concept of decreasing waste, minimizing the use of natural resources, and reusing and recycling materials within a manufacturing plant or factory. This eco-friendly approach utilizes research and technology to reduce pollution, resources, and, ultimately, a company’s adverse impact on the planet.
Form 990-T Update
Draft of 2018 Form 990-T Released The IRS released a draft of the 2018 Form 990-T, Exempt Organization Business Income Tax Return, on the treatment of Unrelated Business Income Tax (UBIT). The draft, issued on October 12, 2018 is a preview of
Best Wireless Security Practices While Traveling
Today’s modern workforce is mobile. Whether it is an out-of-town business trip or simply a quick visit across town to meet with colleagues or clients, many of us seem to be constantly on the move. While away from the office,
Meeting PCI DSS Requirements Using a DevOps Model
The Payment Card Industry Data Security Standard (PCI DSS) is a set of compliance requirements against which merchants, payment gateways, issuers and other organizations who interact with payment card data are assessed. While there are certain requirement carve outs for
Webinar Recording: The Employee Handbook Builder
Sikich HR Advisory services now offers The Employee Handbook Builder. Using the Employee Handbook Builder, you can produce a fully customized employee handbook quickly and cost effectively to protect your organization against risk. We cover this new tool and Employee Handbook
Passwords Reimagined by Google Chrome
It is unfortunately very common practice to reuse the same password over and over for multiple accounts to not have to remember different passwords for each account. The obvious danger for this is if one of those accounts is compromised,
Baby Boomers vs. Millennials: The Difference in their Work Ethic
Take a look at the people surrounding you in your office. Chances are, there are representatives of more than one generation. While everyone there shares common goals of achieving success in their career and for the organization, individuals from different generations
The Power Of Visual Data In Infographics
WHAT MAKES AN EFFECTIVE INFOGRAPHIC? Effective infographics take complex information and organize it into digestible visual messages that relate to the reader. They are a visual shorthand – a quick read to understand the essence of a more in-depth
Using Polycom VVX Phones With Microsoft Teams
Microsoft is making a push to convert Skype for Business Online users to Microsoft Teams. They’ve recently made a few announcements that confirms their plans. Beginning 1 October, 2018, new Office 365 customers with 500 seats or fewer will be onboarded
Outlook Mobile App Enhancements
I am a huge fan of the Outlook Mobile App. I find the app to be simple and easy to use. A little history lesson: back when Office 365 started up (2010) Microsoft’s answer for mobile connectivity into their Exchange
Not-for-Profits: Identifying Conditions in Contributions
On June 21, 2018, the Financial Accounting Standards Board (FASB) issued ASU 2018-08, Clarifying the Scope and Accounting Guidance for Contributions Received and Made. The accounting standards update is intended to clarify the distinction between reciprocal transactions (exchange) and nonreciprocal
Microsoft Dynamics 365 Tip of the Week: How to Set Dynamics 365 Change-Based Alerts
In order to keep your team informed and up-to-date on any major changes to the data within the Dynamics 365 system, you can create a change-based alert for your team. It's easy to do, and all it takes is creating
5 Things Your Business is Doing Wrong on Facebook
Social media is a great, somewhat inexpensive way to advertise, interact, and sometimes sell to your clients and customers. Unfortunately, making a Facebook page is only the first step. Just like LinkedIn, Facebook has its own set of rules. We’ve gathered our experts
Sexual Harassment Training for Supervisors and Employees in NY and NYC: Now Available!
Effective October 9, 2018, all New York employees must be trained annually on sexual harassment prevention. New York employers will need to have the approved training topics and programs in place for all employees. They will also need to know
Prepare to Weather the Unexpected
Hurricane season is in full swing. By now, most of us have seen reports of the damage caused by Hurricane Florence in the Carolinas. Our hearts go out to those affected by the storm, and we hope they can recover
