On October 13, 2017, the Social Security Administration (SSA) publicized a number of policy adjustments that will go into effect for 2018. The changes include the following: The maximum amount of wages subject to the 6.2% Social Security tax will rise from its current level of $127,200 to $128,700 (an increase of a little more…
As businesses migrate online, cybercrime is beginning to expand. Not only is digital fraud impacting online stores, the process of how hackers penetrate databases in evolving. In an article from Disruption Hub, author Laura Cox writes, “. In 2012, digital fraudsters cost online businesses in the US $3.5 billion, and the number has continued to…
Disruptive technology is on the verge of taking over the business world. For those businesses that are not ready for such an impact, could disruptive technology wind up damaging business and consumer relations? In an article from Disruption Hub, author Laura Cox writes, “There’s a huge divide between businesses that are successfully using tech, and…
Engaged employees will go above and beyond what they are asked to complete. While engaged employees take business to new heights, getting employees engaged can be challenging. In an article from Inc., author Adam Fridman writes, “More than 85% of workers worldwide, and more than 65% of American workers, report feeling disengaged at work, according…
Administrative tasks may seem small compared to corporate meetings, but they are just as important to a company’s success. How much time does your business spend on administrative tasks? According to an article from CPA Practice Advisor, “Small businesses currently spend an average of 120 working-days per year on administrative tasks, accounting for approximately 5%…
With the rise of technology, a new state of commerce has emerged. “Card-not-present” transactions might pose a threat for your business. Protecting your business by not falling victim to fraud is becoming harder than ever before. In an article from Entrepreneur, author John Canfield writes, “There are also situations emerging on these newer online platforms…
Close to half the population of the United States could be affected by a recent cyber attack on Equifax, one of the three largest American consumer credit reporting agencies in the United States. The company also provides identity theft protection. Equifax announced on Thursday, September 7, 2017, that approximately 143 million U.S. consumers had their…
Last week, the same Texas judge who originally struck down the overtime rules proposed by the Obama Administration, upheld his ruling. Many experts see this as the final blow for the proposed increase in the number of workers who would be eligible for overtime compensation. In the article, author David O’Connor writes, “Federal District Court…
It’s a sad reality that cyber-criminals eagerly exploit tragic circumstances in order to take advantage of and steal from new targets. In the aftermath of Hurricane Harvey, a number of new scams have cropped up, including: An IRS-themed phishing scam that instructs the receiver to download an FBI questionnaire (once the target clicks the link,…
Blockchain technology is beginning to appear in every industry. At first glance, blockchain is a database that has a lot of potential in finance and business. With the recent and sudden growth of Bitcoin, blockchain technology could become even bigger. In an article from Forbes, author Bernard Marr writes, “Recent developments in the bitcoin economy…
