To adapt to the unprecedented pace of change across the tax landscape, companies must focus on embracing a total tax liability mindset—a holistic understanding of the sum of all taxes across the entirety of the organization. Once viewed as a compliance-driven, back-office function, effective tax planning is now crucial to business performance and strategic decision-making. The tax professional of the next decade must take on the role of strategic leader.
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Businesses around the world are dealing with the spread of the coronavirus as ripple effects from the disease outbreak are expected to further choke global supply chains and hinder workforce mobility. Even if businesses currently lack an emergency plan to respond to the situation, they can still take steps to mitigate risk and minimize negative effects of the coronavirus spreading.
Theft and fraud are a problem for businesses of every industry and size. Be proactive and apply the six best practices for fraud prevention. With a smart approach, you can protect your business.
Meet Families of Impact Today’s families look very different than the ones of thirty years ago. “Business as usual” is no longer enough. To thrive in the future, families must prepare themselves for dramatic change.
Cultivate Family Readiness for ChangeOften, people say they’re ready for change, but are they really? If you’re contemplating a family system change, make sure you understand the various readiness stages.
Develop a Continuous Learning CommitmentSixty-two percent of first-generation family leaders expect a transition in four to six years, either in the business or family leadership. Are your future generations ready? Learn best practices and processes to educate them.
The insurance marketplace conditions are changing throughout the U.S., particularly for those with homes and other property in catastrophe-prone locations. The results outlined in this study highlight factors to consider when devising an approach to protect family members, properties, and reputational concerns in the face of current and future threats.
Although malware is predominantly delivered via email, the types of entry points continue to evolve, and many will not be caught by a family office firewall. So, it is crucial to build a first line of defense, and it starts with employee security awareness training, testing, and auditing. Mitigate the cybersecurity risks in the family office by deploying the top 10 internal controls.
In this webcast, learn about the new overtime rule that went into effect on January 1st, 2020. The training focuses on understanding what the new overtime rule is, its history, the implications to employers, and what you should do next.
The complex, convergent nature of risks facing high-net-worth families requires family offices to adopt both a holistic and strategic approach to risk management than many have in the past. The ones who can make the change will be best positioned to successfully navigate the challenges that range from overarching trends of growing families to increasing frequency and severity of natural catastrophes and personal security risks.