Blog
Understanding Tax Issues Related to Shareholder Loans
This article explains the importance of treating shareholder loan transactions as bona fide loans and charging an "adequate" rate of interest.
When Should You Exercise Your Nonqualified Stock Options?
Nonqualified Stock Options (NSOs) are the most commonly used form of stock option. NSOs do not qualify for special tax treatments like incentive stock options, ...
Grantor Retained Annuity Trusts (GRATs)
Grantor Retained Annuity Trusts (GRATs) are a powerful estate planning tool for very wealthy individuals whose priority it is to transfer assets to the next ...
Tax Effects of Interest-free Family Loans
Consider the tax effects of interest-free family loans before lending money. The IRS may see the loan as a gift, which could be subject to ...
LBMC Employment Partners Adds Cigna National Plan to PEO
Cigna Addition Expands LBMC Employment Partners’ National Presence; Allows Firm to Offer Outsourced HR Solutions to Companies Across the U.S.; Further Establishes Firm as Leading ...
CyberMaxx Announces New Platform Investment by Periscope Equity
New partnership creates an opportunity for innovation in the cybersecurity space for an LBMC company founded in 2009. LBMC announced today the acquisition of CyberMaxx ...
Understanding Recurring Tasks Within the PCI-DSS
The Payment Card Industry Data Security Standard (PCI DSS) presents many compliance challenges, especially for large, complex organizations. Among these challenges are various periodic (e.g., ...
QSA Perspective Series: The Cardholder Data Environment
LBMC is a proud PCI Qualified Security Assessor Company and has been a part of the PCI compliance community since the inception of the PCI ...
A Beginner’s Guide to Vacation Home Rentals
A vacation home that generates income and provides a place for your vacation can be a great investment. You have the flexibility to escape the ...
Improving Audit Quality with Data Analytics
Key Takeaways: Enhanced Accuracy: Data analytics improves the precision of audits by analyzing complete data sets rather than samples. Efficiency: Automating routine audit processes frees ...
Risky Business: Cybersecurity Leadership the Right Way
In many cases, a cybersecurity leader is expected to think and act like a leader but may not be given the same visibility, responsibility, resources, ...
How to Select the Right Employee
The time you spend on selecting the right employee for a job can really pay you back when you use good selection techniques.