Insurance

The Evolution of Claims Processing

Technology is evolving daily, and consumers want product and service information in real-time, not weeks, days, or even hours.  Many operational leaders are laden with disparate data, limited tools, and budgets to invest.  In addition, the number of potential solutions in the market is vast and confusing, leaving consumers in a quandary on where to […]

FinCEN Warns Financial Institutions to Guard Against Corrupt Venezuelan Money: Key Consideration for Financial Institutions

Financial institutions should have effective Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) and Office of Foreign Assets Control (“OFAC”) policies and procedures to manage the risks associated with senior political figures, otherwise known as “politically exposed persons (PEPs).” Under the Federal Financial Institutions Examination Council’s BSA/AML Examination Manual (“FFIEC Manual”), PEPs include: Any corporation, business, or other […]

Who is Mazars?

We are pleased to announce an exciting development for the new year! As of January 1, 2017 we have officially changed our name to Mazars USA LLP. As the world’s 11th largest accounting firm, the Mazars name is renowned around the globe. Our new name reflects our expanded international capabilities and reinforces our standing as […]

Anchors Aweigh! The 2015-2016 New York State Budget Bill

The New York State Legislature recently passed the 2015-2016 Budget Bill (the “Budget Bill”), provisions which alter New York State and New York City tax law, modify last year’s state corporate income tax reform and provide incentives to purchase a private plane or yacht. New York State Corporate Income Tax The definition of “investment capital” […]

Tax Provisions in the Administration’s Fiscal Year 2016 Budget

President Obama’s proposed 2016 budget contains new provisions as well as some from previous budgets – it includes plans to revise the U.S. international tax system, the taxation of domestic corporations and provisions affecting individuals. We will briefly cover some of the proposals affecting both corporations and individuals. Provisions Affecting Individuals Long Term Capital Gains and […]