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Accounting, Compliance, and Business Advisory Insights and Guidance for Counties, Municipalities and Public Authorities in New York State

At every level of New York State government, the pressure to do more with less has never been greater. From reducing costs, to attacking fraud, waste and abuse, accountability is at the forefront of both taxpayer and beneficiary thinking.

Read what Bonadio's CPAs and management consultants have to say about a wide variety of these issues for government entities in New York State. Share your observations and insights with peers, and subscribe via the Community's RSS feed to get our latest postings via e-mail or through your reader.
 

Marketing is the Mission: Marketing for Tax-Exempt Organizations

By Rick Castle

    With Governor Cuomo’s restructuring of the State Budget, revenues for many Not for Profit Organizations may be significantly reduced.  Yet the Governor’s strategy also opens up new opportunities for nimble boards to take on new mission-driven activities previously performed by high cost Government Agencies.  Marketing tools and best practices, previously the realm of profit-driven big business, can be key to navigating this new landscape.

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College and University Data Security Breaches

Is Your Guard Up?  Higher Education Breaches on the Rise

 

The number of data security breaches at colleges and universities is increasing every year, and as threats intensify, it’s imperative to instate strong security controls.  Charlie Wood, CISA, CRISC, details what you need to consider to ensure that digital transactions and communications are secure, compliance with laws and regulations is achieved, and that customer trust and company reputation remain intact.

 

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New Healthcare Tax Laws
Debbie Zarzycki, CPA

The new healthcare reform package is massive, and keeping up with the new compliance requirements will be no small feat for any business or individual.  While the end result of the legislative process is related to expanding healthcare coverage, new tax law plays a major role in its implementation.  In this Viewpoint, Debra Zarzycki highlights some of the top provisions (including their respective tax credits, subsidies, penalties, fees and surtaxes designed to pay for it), and how The Bonadio Group can help you minimize their impact.

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Ethics in Accounting
Thomas Bonadio, CPA

According to Tom Bonadio, our CEO/Managing Partner, from ENRON to Bernie Madoff to a revolving door of accounting-tinged corporate scandals (and more), the accounting industry needs to uphold ethical standards in ways that are stronger and more rigorous than ever before. Ethics resides at the core of being a trusted advisor, and in his Viewpoint, Tom talks frankly about the issues and problems of ethics in accounting, and The Bonadio Group’s response.

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Estate Plan, Buy/Sell Agreement & Insurance - Coordination is Key!
Cynthia L. Turoski, CPA/PFS, CFP®

Given all of the business transition activity that will be occurring over the next several years, for business owners, the need for coordination between estate and business succession planning is becoming critical. Even though the subject may be a little bit morbid, owners must have a plan and a way to fund that plan in the event they become disabled or die before their planned transition. Cindi Turoski, Managing Director of Bonadio Wealth Advisors discusses buy/sell agreements and insurance as critical components for coordinating estate and succession planning in her latest Viewpoint.

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