A Common Cause for E-file Rejection is a Wedding Gift You Didn’t Register For: A New Filing Status

Posted by: Malaura Thomas
Wednesday, May 16, 2012

The hall is booked, the invitations have been mailed and the dress is perfect.  Each item is checked off of your list in your wedding planner.  There may be one more thing you forgot: did you change your name with the Social Security Administration?

In the Internal Revenue Service's eyes, even taxpayers that get married on the last day of the year can file either joint or separate tax returns.  So, along with your new spouse, you also have a change in filing status and a new last name.  Then you...

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Tax Updates: Amnesty Programs and InvestOhio

Posted by: Amy Gibson, CPA
Tuesday, May 15, 2012

All Ohio businesses should be aware of several tax programs that are currently underway that may be of benefit to you depending on your current tax situation.

General Tax Amnesty Program

As you may remember from a past column, for the first time in six years, the state of Ohio is making a general tax amnesty program available for a very limited window. The time to take advantage of that window is now.

The program began on May 1 and runs through June 15, so you will need to act quickly.

The amnesty...

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How to Determine if Cloud Computing is Right for Your Business

Posted by: Brian Rosenfelt
Thursday, May 10, 2012

Maybe you've heard about "the cloud," but you're not sure what it is or if it's right for your your business. Brian Rosenfelt, principal at Skoda Minotti Technology Partners, helps clients figure that out all the time.

The following excerpt is taken from a recent blog on the HP website, and features Brian Rosenfelt and his approach to making the right cloud computing decisions for his business clients:

When business clients call IT consultant Brian Rosenfelt for help and advice about cloud...

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Strategic Connection: May 2012

Posted by: Jonathan Ebenstein
Wednesday, May 9, 2012

This month's Strategic Connection includes:

Featured E-book: Trade Show Marketing Strategy,

Trade shows are likely one of the biggest marketing investments that you'll make all year and a great chance to meet face-to-face with your key prospects. Are you really sure you're getting...

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Financial Services E-Newsletter: May 2012

Posted by: Bob Coode, CSA
Tuesday, May 8, 2012

This month's Financial Services E-Newsletter includes the following articles:

Hidden Taxes: What is your true cost?

We are pretty well aware of the taxes we must pay as U.S. citizens; income taxes, payroll taxes, sales taxes, property taxes, and gift and estate taxes, to name a few. We can easily see these taxes on our pay stubs, tax bills, and sales receipts. But there are other taxes imposed on...

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Employee Benefit Plan Audits: Updated Contracts with Service Providers Required by July 1, 2012

Posted by: Marilea Campomizzi, CPA
Friday, May 4, 2012

Due to the new regulations under 408(b)(2), plan sponsors/fiduciaries are required to have updated contracts with their service providers that are in line with the new regulations by July 1, 2012 for any services where fees of $1,000 or greater are charged. 

If the signed contracts are not in place than the fees paid to these service providers will be considered prohibited transactions under the plan and are required to be disclosed in the supplemental schedules of the plan’s audited financial...

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SEO How-To: How to use a corporate blog to improve your website SEO

Posted by: Anna Marie Ricciardi
Friday, May 4, 2012

When done correctly, blogging can be a great (and cost-effective) way to supplement business goals. Yet, a lot of companies have yet to adopt blogging, because they don’t understand the value it can bring to their organization.

Here are some how-tos that explain what you should be doing to optimize your corporate blog for online searches, (and that will help your company get the most value from blogging):

  1. Do your keyword research. Using free tools like Google Keyword Tool, you can easily find...
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To the Cloud - How to evaluate whether cloud computing is right for your business

Posted by: Brian Rosenfelt
Wednesday, May 2, 2012

The use of cloud computing is growing, and it seems like every company is jumping to incorporate this technology trend. However, companies should thoroughly evaluate their cloud computing needs before diving in headfirst.

Businesses need to evaluate whether cloud computing fits into their strategic technology plan.  Look at your business goals and determine what you’re trying to solve. Does cloud computing fit in with those goals and help you solve a problem or make your infrastructure better?...

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Information Technology Informer E-Newsletter - April 2012

Posted by: Brian Rosenfelt
Tuesday, May 1, 2012

This month's issue of IT Informer inlcudes the following articles:

AnywhereTablets for Business Use: Top 5 Mistakes That Early Adopters Have Made

According to a recent article in The Wall Street...

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Skoda Minotti Named to Accounting Today’s ‘Best Accounting Firm Taglines’ List

Posted by: Skoda Minotti News
Tuesday, May 1, 2012

May 1, 2012 – CLEVELAND – Skoda Minotti, a CPA business and financial advisory firm, was recently recognized for having one of the “Best Accounting Firm Taglines” as reported by Accounting Today magazine’s website.

The firm’s “Delivering on the Promise.” tagline was launched in 2007 by Skoda Minotti’s Strategic Marketing group, and has publicly become a promise that speaks to the firm’s four core audiences.

“Delivering on the promise is a daily reminder to our clients, business contacts, employees...

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Special Delivery: April 2012

Posted by: Jenna Staton
Monday, April 30, 2012

This month's Special Delivery e-newsletter includes:

Six Tax Planning Moves for Midyear

Now that your 2011 tax return has been wrapped up, or you have at least obtained a filing extension,  you can enjoy some “time off” from taxes … right? Wrong. Tax planning is a...

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Business Valuation & Litigation Support E-Newsletter: April 2012

Posted by: Sean Saari, CPA/ABV, CVA, MBA
Monday, April 30, 2012

This month's issue of Valuation & Litigation Advisory Insights includes the following articles:

Hope for the Best, Prepare for the Worst:  Avoiding Valuation Disputes in Buy-Sell Agreements

If a buy-sell agreement fails to clearly spell out the method for determining value in the event of...

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Obama Announces JOBS Act; Provides Small Companies With Access to Public Capital Markets

Posted by: Pat Carney, CPA
Monday, April 30, 2012

On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. The Act was approved by Congress in late March. A primary goal of the JOBS Act is to improve small companies’ access to public capital markets. The Act amends a number of provisions of the securities laws to ease the process and costs associated with raising capital from the public.

To encourage private companies to complete initial public offerings (IPOs) of their equity, the Act creates a new...

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InvestOhio Update – Cash Investment Substantiation Required

Posted by: Amy Gibson, CPA
Thursday, April 26, 2012

Starting the week of April 9th, the State of Ohio began sending emails to all InvestOhio applicants that had applied for the InvestOhio credit with an investment date that had passed. The email was to inform applicants that the substantiation procedures were available to substantiate any cash investments that had occurred to date. Applicants were informed to logon to his/her respective Ohio Business Gateway (OBG) account and complete the substantiation process.  Below we have included...

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Oops! Missed the tax deadline? There are options available!

Posted by: Jenna Staton
Tuesday, April 24, 2012

The number one rule is to file as soon as possible, even if you can’t pay the entire balance due (see payment options later).  Filing your return quickly will lessen the penalties and interest you may have to pay.  And although the IRS cannot waive interest charges, it will consider reductions in penalties if there is reasonable cause for the late filing and payment.  The quickest way to file is to e-file with your local CPA, e-file through a tax software vendor or, for taxpayers with income...

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Skoda Minotti Employee Earns Certified Information Systems Auditor (CISA) Designation

Posted by: Skoda Minotti News
Monday, April 23, 2012

April 23, 2012 – CLEVELAND Skoda Minotti, a CPA, business and financial advisory firm, is proud to announce that Gregory Skoda, Jr. recently earned the Certified Information Systems Auditor (CISA) designation, through Information Systems Audit and Control Association (ISACA).

With this designation, Skoda joins a group of world renowned professionals who audit, control, monitor and assess an organization’s information technology and business systems.

The CISA designation was created for...

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Skoda Minotti Employee Recognized as Google AdWords Qualified

Posted by: Skoda Minotti News
Thursday, April 19, 2012

April 19, 2012 – CLEVELAND – Skoda Minotti, a CPA business and financial advisory firm, is proud to announce that Bob Goricki, online marketing manager for Skoda Minotti Strategic Marketing, recently passed the Google AdWords Advertising Fundamentals Exam and the Reporting & Analysis Advanced Exam. By passing these two exams Goricki is now Google AdWords qualified.

With this status, Goricki is recognized as an expert in best practices for running and managing AdWords online advertising campaigns,...

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Webinar Preview: Skoda Minotti Technology Partners Invites You to a Data Loss Prevention Webinar Next Tuesday

Posted by: Brian Rosenfelt
Thursday, April 19, 2012

Brian Rosenfelt, CPA, a principal in Skoda Minotti Technology Partners, invites you to join him on April 24, 2012 at 1:00 p.m. for a webinar explaining what data loss prevention is, and the importance it should have at your company.

Click here to register for our webinar: Why Your Company Should Care About Data Loss Prevention.

For more information on data loss prevention, please call Skoda Minotti Technology Partners group at 440-449-6800.

For regular news and updates on information technology...

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Pay-Per-Click Advertising Tips 5 – Keyword Bidding Strategy

Posted by: Bob Goricki
Friday, April 13, 2012

Don’t forget to check out part one (keyword selection), part two (keyword traffic estimation), part three (ad creation) and part four (ad testing).

The AdWords keyword bidding strategy you choose to implement will depend on what goal you have set for your PPC program.  Higher bids are likely to result in higher rankings and more impressions for your ads, but your cost-per-click will increase. Low bids will result in lower rankings and less impressions but your lower cost-per-click will lead...

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Skoda Minotti Technology Partners Featured on Northeast Ohio Software Association (NEOSA) Blog

Posted by: Brian Rosenfelt
Thursday, April 12, 2012

Thanks to Brad Nellis of the Northeast Ohio Software Association (NEOSA) for a great interview and article on his blog, highlighting Skoda Minotti and its extensive technology and telecommunications practice - Skoda Minotti Technology Partners.

Read an exerpt of the article below:

NEOSA members are a diverse lot: software companies, web companies, IT services and so forth. But our membership also includes an IT services provider embedded in a CPA firm, Skoda Minotti Technology Partners. It does...

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