Are you ready to catch up on some of the recently issued guidance and initiatives provided by the Internal Revenue Service (IRS) and Department of Labor (DOL) regarding employee benefit plan matters?

All businesses must periodically test their policies and procedures to be proactive in ensuring that they are comprehensive and fit any changing circumstances. Your information technology (hardware, software, archives, programs, staff, etc.) is one such area that must be considered.

In July 2019, the Office of Management and Budget (OMB) released the final 2019 Compliance Supplement. The 2019 supplement is effective for Single Audits of fiscal years beginning after June 30, 2018. It supersedes the 2018 supplement.

The U.S. Office of Budget and Management has released the 2019 Compliance Supplement, which comes with significant changes to the compliance requirements affecting colleges, universities and other higher education institutions that participate in the Student Financial Assistance programs provided by the Department of Education (DOE or Department), especially as it relates to reporting of single audit findings.

Doing nothing to protect your cyber infrastructure is not an option. This month’s edition of Cyber Roundup underscores the need for action. Contact Tom DeMayo with your cyber concerns.