Unique Perspectives - The DGC Podcast

Laura Gregoriadis, CPA, Partner and member of the leadership team in DGC’s Real Estate Practice, was a recent guest on Moore North America’s “Moore Intelligence” podcast. A recent benchmarking study showed only 9% of CEOs in commercial real estate were women, while there was a 55% gap in bonuses and commission between males and females. In this episode, Laura discusses the practical steps women can take to forge fulfilling careers in one of the world’s most dynamic industries. “When you are open and honest with people about what you want to accomplish, what your goals are, and where you need help, people rise to that occasion,” Laura said. “People want to help other people. If you ask for that help, you will be surprised at how frequently people will rally behind you and help support you.” Laura also discussed the importance of prioritizing diversity in all aspects of the real estate industry. If you have questions about DGC's Real Estate Practice, please reach out to a member of your DGC client service team or Laura Gregoriadis, CPA 781-937-5353 / lgregoriadis@dgccpa.com.

Over the past few months, our DGC experts have been following the impact of remote work on your taxes. Scott Thomas, JD, LLM, a Senior Advisor at DGC, was the presenter for a webinar we held in July [https://www.dgccpa.com/perspectives/webinar-recording-and-slides-working-remotely-and-your-taxes-1433] where we discussed this topic in detail. Now Scott is back for a video podcast where he discusses some recent developments in New York and how these changes could end up impacting taxpayers everywhere. Why are these new changes concerning for tax experts? It’s because in the past when New York becomes more aggressive in its tax legislation, other states tend to follow suit. In this podcast, Scott answers many remote work tax questions including: - What are these changes in New York that target remote workers (Bona Fide Employer Office Rule) and how could they impact you? - How might other states react to these developments in New York? - When can states tax you? - How do you determine residency? - What is earned income in a state? - What is the convenience of the employer rule? If you have questions about how remote work might impact you and your organization, please reach out to a member of your DGC client service team or Scott Thomas, JD, LLM at 781-937-5172 / sthomas@dgccpa.com.

The Department of Defense'sCybersecurity Maturity Model Certification (CMMC) [https://www.dgccpa.com/p/dgc-cmmc-page] is on the horizon and companies in the defense supply chain have many questions. In this podcast, Nick DeLena [https://www.dgccpa.com/about/team/nick-delena-cissp-cisa-crisc-cdpse-1035]andScott Goodwin [https://www.dgccpa.com/about/team/scott-goodwin-oscp-oswp-1277]from DGC’s IT Risk Assurance & Advisory practice are here to tell us if these five statements about CMMC are true or false, and share their insights: 1. CMMC will directly impact your ability to do business in the defense supply chain 2. CMMC is just a project for the IT Department 3. Reviewing your NIST 800-171 implementation is critical 4. CMMC will not be retroactive on contracts 5. There are five levels of CMMC certification and everyone must reach all five levels ***To watch a video version of this podcast, click here.*** [https://www.dgccpa.com/perspectives/video-podcast-cmmc-true-or-false-1388] For additional CMMC resources, visit ourCMMC Insights Center page [https://www.dgccpa.com/p/dgc-cmmc-page]. DGC'sIT Risk Assurance & Advisory Practice [https://www.dgccpa.com/services/it-risk-assurance-and-advisory]can help you achieve compliance with the CMMC. We are actively engaged with our clients across all areas of the CMMC framework including gap assessments, self-assessments, and both SSP and PoAM development. If you have questions about who is impacted by the CMMC standards and what the compliance and certification process looks like, please contact a member of your DGC client service team orNick DeLena, CISSP, CISA, CRISC, CDPSE [https://www.dgccpa.com/about/team/nick-delena-cissp-cisa-crisc-cdpse-1035]at 781-937-5191 /ndelena@dgccpa.com [ndelena@dgccpa.com]orScott Goodwin, OSCP, OSWP [https://www.dgccpa.com/about/team/scott-goodwin-oscp-oswp-1277]at 781-937-5722 /sgoodwin@dgccpa.com [sgoodwin@dgccpa.com]. ***This podcast was originally recorded on March 26, 2021.***

Meals and entertainment expense deductions are an effective way for businesses to lower their tax liability. If you are not gathering and organizing this information correctly, you could be leaving thousands of dollars on the table. In this DGC Podcast, Scott Thomas, JD, LLM discusses the recent rule changes surrounding meals and entertainment deductions, and how businesses can be sure that they are claiming these deductions properly. To watch a video version of this podcast, click here [https://www.dgccpa.com/perspectives/video-podcast-deducting-meals-and-entertainment-expenses-1440]. Some of the specific items Scott covers are: * Airfare for business purposes * Lodging for business purposes * How does the IRS define the term “restaurant” and why is that so important? * Employee meals/snacks treated as de minimis fringe benefits * Employee meals with prospects or clients including entertainment * Holiday parties * Charitable events If you have questions about meals and entertainment expense deductions, please reach out to a member of your DGC client service team or Scott Thomas, JD, LLM [https://www.dgccpa.com/about/team/scott-thomas-jd-llm-1036] at 781-937-5172 / sthomas@dgccpa.com. To learn more about DGC, visit www.dgccpa.com [http://www.dgccpa.com].

The Biden Administration has released a fact sheet outlining the basics of their proposed tax plan entitled, The Made in America Tax Plan. Scott Thomas, JD, LLM, a Senior Advisor at DGC, joined us in this DGC podcast to discuss the corporate tax proposals. To watch a video version of this podcast, click here [https://www.dgccpa.com/perspectives/whats-included-in-bidens-build-back-better-policy-initiative-article-and-video-1400]. For more information, visit www.dgccpa.com [http://www.dgccpa.com] ***This podcast was originally recorded on April 20th, 2021***