Certified Public Accountants
& Business Consultants 

Web application vulnerabilities are a top target for cyber criminals. Websites, applications, servers and supporting infrastructure are exposed to the internet via web applications and thus are under constant attack. Many organizations perform network vulnerability scans on internet facing networks and systems, but often ignore web applications. The tests included in the network vulnerability scans generally do not test web applications and certainly do not perform deep vulnerability testing inside the application.

On January 12, 2018, the Supreme Court of the United States granted a petition for certiorari in the case of South Dakota v. Wayfair, Inc., a case to determine the constitutionality of a South Dakota statute obligating businesses with no physical presence in the state to collect and remit sales tax.

On February 9, President Trump signed the Bipartisan Budget Act of 2018 into law. The Act contains an extension of over 30 otherwise expired tax breaks. The following is a listing to the tax provisions extended by the Act through 2017 (unless otherwise noted).

The implementation of the new standard is expected to be a significant undertaking for most entities. Even if you do not expect a significant change in the accounting for revenue, the comprehensive nature of the change will require companies to look at their revenue with a clean sheet of paper approach, assessing each of the five steps for all significant revenue streams.
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