Acme Bank has a problem. Acme loaned $480,000 for the purchase of a beach house on Sullivan’s Island, South Carolina, securing the debt with a recorded mortgage. Six months ago, the bank received a letter from the county tax collector, which unfortunately was overlooked after being routed to the wrong department. Today, Acme was served
IRS Releases Guidance on Taxability of Identity Protection Services
As companies and governmental entities increasingly do business and store sensitive information in online or cloud-based environments, the risk of improper disclosure continues to grow. The unprecedented breach of the United States Office of Personnel Management’s (OPM) system, in which the personal data of more than 22 million individuals was stolen, was a topic of