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Articles & E-Books

Thought-provoking insights on long-range organizational issues.

Wipfli is dedicated to business leaders and their organizations. We bring you thought-provoking articles on long-range organizational issues related to people, processes, technology, customers, and financial management.

Wisconsin governor signs conforming legislation

On February 18, 2021, Wisconsin governor Tony Evers signed into law legislation (Act 1) conforming Wisconsin law to certain provisions of Public Law 116-260 (Consolidated Appropriations Act, 2021).

Mar 01, 2021
Services: Tax, State and Local Tax
By: Linda J. Feirn

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NCUA’s 2021 exam priorities

In mid-2020, NCUA issued updated 2020 supervisory priorities, which continue to be a focus for 2021. With the signing of the Consolidated Appropriations Act, 2021, in December 2020, many of the Coronavirus Aid, Relief and Economic Security (CARES) Act provisions have been extended, resulting in continued focus from examiners on credit unions’ response.

Feb 26, 2021
Industries: Financial Institutions
By: Alison J. Herrick

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Lender’s requirements for SBA loan relief under the CARES Act

Navigating the rules of information reporting for tax purposes is often a challenge — and reporting for certain transactions that took place in 2020 is no exception due to new guidance surfacing regularly.

Feb 25, 2021
Industries: Financial Institutions
By: Kimberly Massopust

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7 steps to help your credit union when considering a merger

COVID-19 had slowed merger activity while credit union executives and boards of directors prioritize the impact of the pandemic, record high mortgage volumes and PPP loans.

Feb 24, 2021
Industries: Financial Institutions
By: Danielle M. Heidemann

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6 ways contractors can conserve cash and increase cash flow

Many contractors made it through 2020 with a strong feeling that work hadn’t slowed down that much. Construction for certain sectors, like healthcare and public utilities, actually expanded.

Feb 23, 2021
Industries: Construction and Real Estate
By: Tina Nazier, Robert H. Zondag

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Understanding the Anti-Money Laundering Act of 2020

The Anti-Money Laundering Act (AMLA) of 2020 is the most substantial anti-money laundering and counter terrorism legislative reform since the implementation of the USA PATRIOT Act of 2001.

Feb 23, 2021
Industries: Financial Institutions
By: Robin Guthridge

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Why now is the time to switch to tribal cloud-based accounting software

Keeping your tribe’s finance and accounting department running smoothly over the past year has been no easy feat. With IT staff having limited access to on-premise systems, providing support, fixing issues and generating the insights you need to continue delivering tribal services have become a mission-critical concern.

Feb 23, 2021
Industries: Tribal Gaming and Government
Services: Consulting, Tech Consulting
By: Jason Winkler

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Accounting for foreclosures in 2021

Financial institutions have had little foreclosure activity in 2020 and may expect minimal activity in the coming months due to the continued efforts to allow borrowers some relief, such as modifications and forbearances.

Feb 22, 2021
Industries: Financial Institutions
By: Alison J. Herrick

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Internal audit: The need to exceed the code of ethics

In 2009, the Institute of Internal Auditors (IIA) established a code of ethics for internal auditors. IIA is the profession’s global voice, chief advocate, principal educator, and recognized leader and authority. Its code of ethics describes minimum requirements for conduct and lays out behavioral expectations rather than specific activities.

Feb 19, 2021
Services: Consulting, Governance & Risk, Internal Audit Outsourcing & Consulting Services, Outsourcing

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HIPAA safe harbor law: What is it, and does it apply to your organization?

On January 5, 2021, H.R.7898 — nicknamed the HIPAA safe harbor bill — became law.

The law impacts healthcare organizations that experience a cyberattack or data breach. It requires Health and Human Services (HHS), when determining fines and penalties, to take into consideration whether the healthcare organization had implemented recognized security practices at least 12 months prior to the attack.

Feb 19, 2021
Industries: Healthcare
Services: HITRUST CSF consulting & certification, Compliance, Consulting
By: Rick Ensenbach

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