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Annual Gift Exclusion increases

In 2024 the Annual Gift exclusion increases to $18,000  per done, so mom and dad can give $36,000 to a child to buy their first home with no gift tax consequences. Also it has no impact on your lifetime estate and gift tax exemption or filing a gift tax return. Annual...

Multiple Banks

My guess is that you use a single bank for checking and savings, maybe even your credit card.  While this may be a way of simplifying your life, it also ties you to the whims of that bank.  Suchas their hours and levels of customer service. Granted with my businesses...

Who to trust in cyber security…

You know the more I investigate cyber security for my procedure manual the more I am thinking, most for those attempting to prove themselves experts, don’t know what they are doing. A vast number of them seem to just spew buzz words that don’t say anything.  I include...

The Five Cs of Security as a Service

As I was looking for an outline for our Cyber Security Manual, l I stumbled upon this whitepaper.  I found it interesting enough to summarize here. Change – Organizations face a constantly changing array of pressures from multiple external sources. Compliance...

Data Breaches

Did you know that 95% of breaches are due to human error?  I admit I was not surprised by this number.  What did surprise me was that 91% through e-mail, this was a bit of a shock. MyDoom did $38.4 billion in damage, there are also 4 million records are stolen from...

AI in use today

How many of you are using AI regularly?  Do you Alexia? Play chess online? How about Amazon shopping recommendations?  All utilize AI, so you have been using AI without even knowing it. Chat GPT newest iteration of AI. ChatGPT is a large language model-based chatbot...

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