state and local government

The Real Oversight is NOT Having an Audit Committee

By JIM GODSEY, CPA, CGMA, PARTNER, MGO Everything Changes, Except When It Doesn’t Time and time again we’ve seen reactions to various accounting scandals, after which new policies, procedures, and…

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Tech Lockdown: Prepare Now or Pay (Much More) Later

By Karl Kispert Most businesses rely heavily upon technology and, arguably, it’s one of your soundest business assets. But what happens when your technology leaves you vulnerable, such as in…

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Why You Needed an Internal Audit Function Yesterday

Internal Audit: Optimal Governance and Minimal Risk for Government Agencies Best Practices for Organizations Seeking to Establish an Internal Audit Function By: Richard Green, CPA, Partner and Industry Leader, State…

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Tax Reform Enhances Value of Research Tax Credits for Government Contractors

By Chris Bard, Chai Hoang & Patrick Wallace The Research Tax Credit (“credit”) isn’t a new development, but some government contractors have yet to take full advantage of its benefits.…

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So you think you’re an “S.”

By Brendan J. Sullivan and Alison V. Torres Trendiness is a word not frequently used in conjunction with tax planning. Discussing the in-vogue corporate structure never will be the hot…

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Where is the “Pot” of Gold?

California’s Cannabis Tax Revenue: Expectations vs. Reality By: Scott Johnson Cannabis tax revenues have fallen short, much to the chagrin of state and local governments who were relying on higher…

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Delivering Value and Security via a Principled Debt Management Policy

Best Practices for Government Agencies Issuing Debt under SB 1029 By: Richard Green, CPA, Partner and Industry Leader, State and Local Government California’s public government agencies have long relied on…

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Cannabis Tax & Payment Guide for California

Critical Information for Paying Cannabis Taxes in California Now that the legal adult-use cannabis market in California is open, cannabis business owners and operators are currently navigating a complex system…

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The Solution to California’s Cannabis Cash Problem

MGO’s innovative solution to the main banking issues Government Agencies and Cannabis Businesses are facing in California starting January 1st. Recently, the California State Treasurer’s Cannabis Banking Working Group (CBWG)…

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Effective Communication Delivers Audit Transparency

The November 2017 issue of CSMFO Magazine featured an article, written by MGO’s Senior Assurance Partner Jim Godsey, focused on best practices for communication in the audit process. The full…

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