Cyber Security - Is your Auto Dealership Prepared?

Two years after General Motors hired its first Chief Product Cyber Security Officer the auto industry released its first ever cybersecurity best practices guide. With the cybersecurity threat expanding rapidly we have to ask ourselves…what’s next?

Cybersecurity is a well-known threat, especially to the auto industry. It is not only the auto dealer’s internal operational and financial systems, but the cars themselves, that pose a cybersecurity threat. As reported by Forbes, it is expected that by the Mid-2020s all new vehicles will have data connections. We have seen significant communication advances between manufacturers and cars. Current products exist where auto dealerships can download and monitor activity of their customers’ vehicles on a real time basis. Faced with statistics like this, now is a more critical time than ever, to take steps to get ahead of hackers.

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Have You Designated Your Beneficiaries? - A Key Component of Estate Planning

Most of us lead hectic lives, but as part of an estate plan, it is important to take time to designate or update beneficiaries for all your assets. Notably, you should be aware that designations for retirement plans and life insurance policies supersede beneficiary dispositions in your will. Keeping that in mind, here are several practical suggestions.

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Tabulate Results for a Sales Tax Deduction - Make tax election for renewed tax break

In this election year, one of the most important decisions will be made on your 2015 tax return. You must determine whether it is better to deduct state and local income taxes paid last year or to claim a deduction for state and local sales taxes. What’s at stake? Tax dollars.

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March Madness - In and Out of the Office!

March Madness may have a different meaning in the accounting world.  There are tight deadlines to meet, clients to call back, and 4/15 is staring us down.  However, at TeamDKB we try to embrace the spirit of March Madness.  Deadlines to meet and clients to call back means we are busy and have the opportunity to continue providing great client service, which is always positive!   We also try to have a little fun along the way!

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Being a Team Player and Promotions go Hand in Hand

Mid-year promotions were recently announced at DeJoy, Knauf & Blood. We had two team members promoted to manager and one team member promoted to supervisor! While our annual promotion day is August 1st, if team members show exemplary talent and skill we are excited to promote them early! It is our goal to continue growing not only our client base, but our talented team members as well.

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