About Brian Swanson

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So far Brian Swanson has created 32 blog entries.

3 Steps to Reduce Risk of Coronavirus Phishing Scams

Source: RSM US LLP.  PBMares is a member of RSM US Alliance.  With the coronavirus pandemic consuming attention and companies focusing on implementing safety, readiness and response measures, a surge in potentially harmful phishing scams has emerged.

State Tax Authorities Issue Special Coronavirus Provisions

Several state tax authorities have announced various relief provisions for businesses and individuals impacted by the Coronavirus.  In many cases, the provisions are an emphasis of relief provisions already available such as extensions to file

Deferral of Tax Payments

On March 17, 2020, Secretary of Treasury Steve Mnuchin announced the IRS will allow taxpayers to delay federal tax payments for 90 days after their due dates. This delay is both interest and penalty-free. For individuals, they can defer up to $1,000,000 of taxes owed

2020-03-30T16:16:17-04:00March 17, 2020|Categories: COVID Federal & State Updates, PBMares COVID-19 Insights, Tax: Individual|

New FASB Proposal Aims to Increase Financial Reporting Requirements for Not-for-Profits

Many not-for-profit organizations rely on donations. Tapping into the generosity of their stakeholders has always been an operational necessity. And in recent years, the giving environment has become more complex with changing legislation and tax policies.

2020-03-17T11:47:22-04:00March 17, 2020|Categories: Leaders: Not-for-Profit, Not-for-Profit|Tags: , , |

Proposed Coronavirus Emergency Leave: Impact on Employers

On Friday the House of Representatives passed H.R. 6201, the Families First Coronavirus Response Act.  The legislation will be voted on by the Senate this week.  This act has bi-partisan support and is expected to pass quickly.  Once enacted, this bill has implications for many of our clients.

Extending the Deadline to Pay but not for Filing

Taxpayers are likely wondering why the federal government is extending the time to pay taxes, but not extending the time to file taxes.   Filing an extension is an easy process and can be done very easily by practitioners electronically through their tax software. 

CMMC Frequently Asked Questions

The necessity to protect data is one not limited to private sector businesses that store, manage and process personally identifiable information (PII). In fact, government agencies such as the Department of Defense (DoD) also need to evaluate, review and enhance cybersecurity measures both internally and with contractors.

2020-03-13T11:08:48-04:00March 10, 2020|Categories: Cybersecurity, Government Contracting|Tags: , |

10 Things to Consider When Buying Cyber Insurance

When most people think of cybersecurity and data breaches, large government, financial, and retail entities typically come to mind. Since we tend to only hear of breaches with big-name entities, small businesses tune it out, thinking these are problems only larger organizations experience.

2020-03-17T13:00:00-04:00March 4, 2020|Categories: Cybersecurity|Tags: , |

Section 179D Tax Deduction Extended for Commercial Building Owners and Designers

Energy-efficient building design has been gaining more traction in recent years. When sourcing renewable materials or designing for sustainability, there are more ways than ever for building owners and designers to save money on taxes and offset construction costs.