The Commonwealth of Massachusetts has adopted (MGL Chapter 93H) Standards for the Protection of Personal Information of Residents of the Commonwealth (201 CMR 17.00) to coincide with Federal Rules and Regulations adopted by the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Federal Reserve Bank, Federal Trade Commission and other regulators referred to as "Red Flag" rules in an attempt to curtail identity theft. Federal Trade Commission statistics indicate that identity theft crimes affect as many as 9 million Americans each year and have cost consumers and businesses approximately $52 billion annually. Such rules and regulations were to become effective January 1, 2009 but have been extended to May 1, 2009. Click on Full Article below to read more.
By Peter Dinsmore, CPA
Parent, McLaughlin & Nangle
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Save your company time, footwork and money by making a deal with vendors to help generate sales leads. They provide the customers, you provide a cash incentive. It can be a piece of cake. Click "Full Article" for the recipe.
Looking for some favorable publicity about your company? Grab the attention of journalists by putting together a good "press kit." Here's what you need to know about this important public relations tool.