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...
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.
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:
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...
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...
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...
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):
Do your keyword research. Using free tools
like
Google Keyword Tool, you can easily find...
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?...
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...
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...
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...
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...
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...
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.
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,...
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.
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...
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...