Articles Tagged - data

How the General Data Protection Regulation (GDPR) Affects How You Do Business in

By Wiss, Posted in International Tax Services

If you operate a business that is in any way involved with obtaining, managing or using the personal data of residents of the European Union, note the date May 25, 2018. That’s when the two-years-in-the-making General Data Protection Regulation becomes the law of the land. Your company might be affected by the GDPR -- and subject to potentially stiff financial penalties for violations -- even if it doesn’t have a physical presence in Europe. Let’s take a closer look, first by defining ex... read more.

Effective Records Retention Practices for Businesses

By Wiss, Posted in Advisory Services

By Paul Ursich Remember how things used to be? You’d carefully store all business contracts, insurance policies, tax records, purchase orders, invoices, banking statements and correspondence with vendors, customers and prospects. When your filing cabinets filled to capacity you’d buy more, move boxes of paperwork to a lonely storeroom or make a U-Haul delivery to off-site storage, never to be seen again. Things are better in the electronic age—supposedly. Now you can fill hard drives or... read more.