The GPL Blog

SOC 2 – what is it and do I need to comply?

SOC 2 – what is it and do I need to comply?

SOC 2 is an auditing procedure ensuring that organizations securely manage data to protect the company and the privacy of its clients. Its goal is to make certain that controls are in place to assure security and confidentiality of customer information. For...

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Does Your State Collect Sales Tax? Here Are Necessities for Sales Tax Compliance.

Almost all states have a sales tax, only a handful don’t (Alaska, Oregon, Montana, New Hampshire and Delaware). Because of the variety and complexity inherent in sales/trustee taxes in every state you need to make sure you are correctly accounting for sales tax in your books. Sales tax is considered a “trustee tax” meaning it is collected from your customer, held in trust by the business owner and remitted to the state/city at regular intervals. The burden of calculating, collecting and remitting sales tax falls firmly on the business owner and the tax authorities are very unforgiving of mistakes when it comes to this responsibility

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How to Know You Are Ready for A CFO

A CFO, or Chief Financial Officer, oversees the financial future and health of a company. They engage in activities that enhance performance, facilitate growth, increase profitability. Sounds great, right?

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