Insights: Financial Institutions

What type of expenses can’t be written off by your business?

May 6, 2019

If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can deduct office supplies and certain other expenses. Some expenses are detailed in the tax code, but the general rule is contained in…

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Equifax Data Breach Impacts Financial Institutions

September 6, 2018

Natalie Luppold CPA, CISA, CITP On July 29, 2017, Equifax discovered suspicious network traffic. After an investigation, Equifax determined that a website application vulnerability granted unauthorized access to sensitive data from May 13 through July 30. On September 7, 2017, Equifax publically announced the breach of 143 million Americans’ personally identifiable customer information through a…

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