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News & Tips Archive
Jun 08, 2023
Cybersecurity Training for Your Remote Employees
Did you know that remote employees are especially vulnerable to cyber threats? Due to this fact, employers should take the time to train their remote team regarding cybersecurity risks. Doing so will help your remote workers stay as protected as those in the office. Read through for the key steps.
Jun 07, 2023
Inherited IRA Rules Altered by the SECURE Act
A stretch individual retirement account strategy is used to help clients pass IRAs along to their desired heirs. However, the Setting Every Community Up for Retirement Enhancement Act of 2019 has since limited the tax-deferring powers of inherited IRAs significantly. Read through for suggestions when working with the lack of stretch IRAs and the new estate planning problem this change has caused.
Jun 06, 2023
The IRS Is Pushing Its ID.me Accounts
To access the IRS going forward, taxpayers will need to create an ID.me account, a private security system that can be used for a variety of sites. Read through to learn more about the use of biometric verification to confirm your identity with the tax agency.
Panacea Payroll
3277 West Ridge Pike
Suite A101
Pottstown, Pennsylvania 19464
610-310-7615
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WE'RE SERIOUS ABOUT SECURITY
Staying resilient from malicious threats, cyber and physical, is critical in providing the exemplary value our clients expect from us. To do this, we integrate the National Institute of Standards and Technology's (NIST) Cybersecurity Framework that ensures our security procedures, policies, and infrastructure are up to the highest standard possible. Financial institutions, infrastructure management, defense, healthcare, and other heavily regulated industries that rely on stringent information safeguards use the NIST Cybersecurity Framework. We review our security policies and procedures frequently to ensure newly identified threat and vulnerability information is incorporated. Our network infrastructure and physical locations are continuously monitored for anomalies and uninvited guests. Additionally, our incident response and business continuity plans are tested frequently to minimize the likelihood of backup failures.
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