Author: Markitects, Inc.

Fairman Group’s Advice for Constructive Portfolio Improvements Amid COVID-19

Written on April 2, 2020. Posted in Fairman Group Family Office.

The COVID-19 pandemic has had a significant impact on global economies and world markets (To say nothing of the health tragedies).

In volatile times like these, human nature causes many investors to want to sell their portfolios for fear of major losses—short-term and potentially long-term. Generally, Fairman Group Family Office’s investment advice would be to “stay the course” and rebalance towards your elected target allocation. However, they realize that in times of extreme market volatility, clients may be re-evaluating their risk tolerance.

Click below to read more about a few core tenets of portfolio construction and asset allocation.

March 2020 NPL Update from NCCPAP

Written on March 30, 2020. Posted in NCCPAP.

Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the March 2020 IRS NPL meeting. Highlighted topics include: An update from Commissioner Rettig and important COVID-19 Compliance Issues.

Proconex DataJaguar™ Turns Small Data into Big Improvements

Written on March 25, 2020. Posted in Proconex.

DataJaguar™ improves the day-to-day productivity of your manufacturing facility. It harnesses analytics to improve batch manufacturing processes.

DataJaguar captures and contextualizes small data. The production analytics software allows you to capture the small data and gain better insights to the accurate cause of batch process delays.

Learn more about improving your batch manufacturing process today. To schedule a DataJaguar demo, contact the Pros at Proconex.

NCCPAP Calls on States to Follow the IRS’s Lead

Written on March 24, 2020. Posted in NCCPAP.

The National Conference of CPA Practitioners (NCCPAP) is quite pleased with Treasury Secretary Steven Mnuchin’s response to their letter calling for an extension to the tax deadline. On Friday, March 20, the U.S. Department of the Treasury responded to further requests, from NCCPAP and others. They revised their initial decision and extended the deadline for both filing and payment of taxes to July 15, 2020.

Fairman Group Educates Clients About IRS Deadline Extension

Written on March 19, 2020. Posted in Fairman Group Family Office.

The novel coronavirus (COVID-19) has caused a significant interruption to our country over the last few weeks. On March 18, the US Treasury issued Notice 2020-17 which provides new measures to assist taxpayers with their upcoming April 15 tax payments. Taxpayers may now defer up to $1,000,000 of their Federal tax liability. This was originally due on April 15, but is now extended until July 15 without interest or penalties.

Fairman Group Family Office will continue to monitor and provide updates as more information becomes available. If you have questions about your April 15 payment or filing obligations, they will happily discuss them with you.

NCCPAP Writes Open Letter to Treasury Secretary Mnuchin

Written on March 19, 2020. Posted in NCCPAP.

The National Conference of CPA Practitioners is calling on the Treasury and the Internal Revenue Service to push the federal tax filing and payment deadlines to Oct. 15.

In an open letter to Mnuchin, NCCPAP president Neil H. Fishman, CPA, CFE, FCPA, CAMS wrote, “The action taken by the U.S. Department of the Treasury with respect to the preparation and filing of 2019 income tax returns, along with any payments that would be due with those returns in many cases, does not reflect the difficulties that have been imposed on both tax practitioners and their clients by the current crisis.”

Fairman Group’s Expounds Upon Important CARES Act Provisions

Written on March 19, 2020. Posted in Fairman Group Family Office.

On Friday, March 27 the Coronavirus Aid, Relief, and Economic Security “CARES” Act was signed into law. The key issues covered in the almost 900-page bill include provisions such as providing liquidity to individuals and businesses, expanding unemployment benefits, and incentives for businesses to retain employees. To read more about some of the provisions, click on the link below.

Fairman Group Answers Questions Regarding Saving for Education

Written on March 12, 2020. Posted in Fairman Group Family Office.

There are many factors to consider when saving for future education costs-the time between now and when the funds are needed, risk tolerance of the investor, investment preference, and individual tax situation. It may be obvious, but Fairman Group always recommends saving for education as early as possible in a child’s life, so that there’s a more sizable time horizon for the money to grow. To read some of the most common questions Fairman Group is asked, click on the link below.

Markitects Recognized as a Top Digital Agency for Improving Companies’ Online Presence

Written on March 11, 2020. Posted in Awards, Blog, Markitects.

TopBrandingCompanies.com has recognized Markitects as a Top Digital Agency to Improve a Companies’ Online Presence.

95% of people in North America are internet users, indicating that most consumers are interacting with brands online. This has led brands to invest more in optimizing their online presence. Working with a digital agency can strengthen a brand’s online positioning, generate more qualified leads and increase conversions. Visit our services page for more information and contact the Markitects team if you’re ready to improve your online presence.

Read the full release here!

Proconex’s Fisher™ OEM Parts: Quality You Can Count On

Written on March 11, 2020. Posted in Proconex.

Non-OEM parts can be hazardous to your facility’s health. Despite their budget-friendly appeal, OEM alternative parts may not keep your factory running to its full capacity long term. The high level attention to detail that goes into Fisher™ OEM parts cannot be replicated by another manufacturer. Learn more by clicking on the image below.

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