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Showing posts with the label NJ data privacy law

IRS Audit Triggers in 2026: Small Errors That Flag Returns

IRS Audit Triggers in 2026: Small Errors That Flag Returns IRS Audit Triggers in 2026: Small Errors That Flag Returns TL;DR Summary Most “audit triggers” in 2026 are automated mismatches, not in-person audits. Small filing errors can flag returns when IRS data doesn’t match third-party reports. Careful reconciliation and quick responses to IRS notices can reduce risk. Many taxpayers worry that a minor mistake will automatically lead to an IRS audit. In reality, most issues that feel like audits begin with automated systems comparing what you reported against information sent to the IRS by employers, banks, brokers, and payment platforms. In 2026, these automated checks remain one of the most common reasons tax returns are flagged. While that can lead to additional tax and interest if left unresolved, many cases are fixable when addressed early. What Changed in 2026 and Why It Matters The biggest factor in 2026 is not a single ne...

New Jersey Cyber Insurance in 2025: What Carriers Don’t Tell You About Limits, Panels & Exclusions

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Compare Cyber Insurance in New Jersey (2025): Best Policies, Limits & Exclusions Compare Cyber Insurance in New Jersey (2025): Carriers, Limits & Exclusions New Jersey’s new data-privacy law took effect on January 15, 2025 , and the universal opt-out signal requirement applies from July 15, 2025 . These changes directly impact underwriting, regulatory exposure, and how cyber policies respond for New Jersey businesses. Below is a fully updated 2025 comparison of cyber insurance carriers operating in New Jersey—featuring policy structure differences, typical sublimits, exclusions that affect ransomware claims, and the IR panels insurers require during the first hours of a breach. How NJ Cyber Insurance Policies Are Structured (2025) Most New Jersey cyber policies bundle first-party and third-party coverage with optional add-ons such as ransomware buy-backs, business-interruption enhancements, data restoration, and regula...

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