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Article Written for:  Orlando Medical News

The European Union's General Data Protection Regulation (GDPR) recently took effect and this has businesses asking whether their own website and data procedures must comply with the comprehensive new data law. Several commentators have suggested that everyone who does business on the internet - including information gathering - is subject to the GDPR's broad reach and stiff fines. In one podcast, a European commentator suggested that GDPR regulators may show up on the doorsteps of American companies to perform data privacy audits; and he claimed several companies could be bankrupted by fines for non-compliance.

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  Article Written for:  Journal of Accountancy

A doubled estate/gift tax exemption makes policies less necessary, while more favorable basis rules decrease gain on their sale.

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Forster Boughman & Lefkowitz

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ForsterBoughman
2200 Lucien Way, Suite 405
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