The National Law Review reports on the district court ruling on March 21, 2022, in favor of the taxpayer, by vacating Notice 2016-16 and ordering the IRS to return all documents and information produced under Notice 2016-66 to taxpayers and material advisors. 

CIC Services’ Randy Sadler discusses the importance of family-owned businesses to the economy and workforce in this piece for Entrepreneur and how family-owned businesses have the most to lose. He then dives into the necessity of risk management strategies for small businesses. 

In this Entrepreneur article, CIC Services’ Randy Sadler discusses the top considerations when developing a robust risk-management strategy. Using recent events like the global pandemic, a cargo ship blocking one of the world’s busiest trade routes, and a storm creating widespread power outages as examples of why business owners should be prepared for the unexpected.

In his article for Entrepreneur, CIC Services’ Randy Sadler details the increased cyber risks of hacking, ransomware, data leaks, and phishing. He emphasizes the need for a “comprehensive and flexible protection and response plan.” Read more about the need for risk mitigation involving cyber assets at the link below.

Shoshanna Simmons, Director of Client Services of CIC Services, discusses important steps that business owners can take to protect their businesses from future interruptions, including having a captive management program, in an article published by Women Entrepreneurs Can Magazine.