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Taxes may be the last thing on people’s minds these days; however, the extended tax-filing deadline of July 15th is near. The three-month extension to file federal and most state tax returns also applies to estimated tax payments.
Many business owners and self-employed professionals—such as attorneys, doctors, dentists, consultants, real estate agents, and others who are not W-2 employees, have no taxes withheld on the income they receive when they receive it. Most taxing authorities, including the U.S. government, operate on a ‘pay-as-you-go’ basis. This means that tax is due on any income at approximately the same time it is received. To make tax payments for that income, ‘estimated taxes’ are due.
As the world continues to face these unprecedented times, Fairman Group Family Office is available to help you with all of your financial planning needs. One important area that may be on your mind is estate planning—and specifically, having an updated and comprehensive estate plan in place. Below are Fairman Group’s top three suggestions for estate planning strategies:
Review and update your estate plans to be sure they reflect your intentions
Gift assets at lower values to maximize the power of these exclusions
DesignRush has recognized Markitects as a Top Digital Marketing Company.
As a full service marketing agency, Markitects’ Digital Marketing Team is adept in digital advertising, website design and development, social media, content marketing, email marketing, analytics, and more! Visit our services page for more information and contact us if you’re ready to improve your strategy and execution.
Increase Operational Safety, Improve Productivity, Minimize Downtime, and Reduce Costs.
Replacing pneumatic actuators with mechanical fail-safe electric actuators can yield significant energy savings. This simplified process can reduce or cancel air compressor maintenance contracts and minimize system failures. RTS actuators include an integrated operational data logging capability that records data in real time, provides meter readings, and displays operating status, history, and warning alerts.
Forbes features Markitects’ Founder & CEO, Francine F. Carb, in a recent article. The title is “How Will Experiential Marketing Evolve? 13 Experts Share Their Views”.
One of the most innovative approaches to marketing in the last year has been the growth of experiential marketing. By making the audience part of the marketing push, companies have managed to generate more interest in their products as a result. Even so, this type of marketing takes a lot of setup, and many businesses aren’t sure they’re ready to invest in the trend of experiential marketing as yet.
While experiential marketing has been consistently hyped as the “next big thing,” the fact that it depends greatly on human interaction has made industry professionals question its validity at a time when social distancing has become the norm. Experts from Forbes Agency Council weigh in on the current and future impact that experiential marketing is likely to have on the industry, and give us advice on how leaders can adapt to its effects.
Francine Carb, Founder and CEO of Markitects, recommends bridging the gap with video demos. “In the business-to-business world, video demos can effectively bridge the experiential marketing gap. By promoting technical experts as the heroes, customers can gain valuable insights, and companies can more intimately represent their brand. Demos can also be a little more light in nature and thus capture the personality of the company — a necessary component of establishing or expanding a customer relationship.”
Markitects works every day to keep our clients on the cutting edge of videos, to help them define themselves. Contact us to learn how our thriving agency can enhance your brand with specifically created videos.
On May 28, 2020, the United States House of Representatives passed H.R.7010, the Paycheck Protection Program Flexibility Act of 2020, by a vote of 417-1. The National Conference of CPA Practitioners announces its support of this legislation.
When the CARES Act was passed in March, many of its provisions were designed to assist the small business owner; however, they were written vaguely and became subject to interpretation by the U.S. Department of the Treasury in a way unintended by the legislation. Other aspects did not fully take into consideration the effects of the economic shutdown across the country. This newly proposed legislation is an attempt to rectify some of those effects.
The National Conference of CPA Practitioners (NCCPAP) is a nationwide organization offering its members:
A national voice presenting your views to Congress, the profession, the business community, and state boards of accounting.
Quality, accredited Continuing Professional Education seminars on local and national levels.
National newsletter.
Membership Guide and Referral Directory.
Practitioners helping practitioners. Join in on our latest discussions and follow our recent blogs.
Cooperative buying program offering discounts on products and services used by CPA firms.
The National Conference of CPA Practitioners provides you and your firm with valuable discounts, informational tools, and the enhanced services you need to succeed in today’s business environment. NCCPAP wants to be your business partner in a whole line of affinity programs.
Normally, May is when the NCCPAP (National Conference of CPA Practitioners) Board of Directors, Tax Committee, and other members go to Washington, D.C. Their purpose is to meet with members of Congress, the IRS, U.S. Department of the Treasury, and others who create the laws, and the interpretation of those law, that affect taxpayers. This highlight of the year involves a twelve-month-long process. They set an agenda, select those government representatives to visit, match NCCPAP members with them, and confirm in-person meetings. This year, NCCPAP will organize a small group of its members and likely visit Capitol Hill in the fall. In the meantime, this video showcases the importance of this event, what has been accomplished over the years, and the impact it has on members—and the CPA profession, in general.