A LETTER FROM YOUR FORTIS FAMILY OFFICE TAX TEAM: The tax filing deadline for returns normally due April 15th, has been extended until July 15th. Earlier in the week, the Internal Revenue Service extended the federal income tax payment deadline for most individuals and corporate taxpayers. Today, Treasury Secretary Steven Mnuchin shared this news via…

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FROM YOUR FORTIS FAMILY OFFICE TAX TEAM Treasury Secretary Steven Mnuchin announced yesterday that the IRS will postpone the April 15th tax payment deadline for most individual and corporate taxpayers. Payments can be deferred for up to three months and taxpayers will not be subject to interest and penalties. Individual taxpayers can defer up to…

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January 28 is Data Privacy Day. Millions of people are unaware of and uninformed about how their personal information is being used, collected or shared in our digital society. Data Privacy Day is an international effort to inspire dialogue, and to empower individuals and businesses to respect privacy, safeguard data and enable trust.  It began…

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November 27, 2019 From Jennifer Fields CPA Fortis Family Office Tax Team Making the Most of Giving Tuesday Giving Tuesday was created to encourage charitable donations and giving. Started in 2012, Giving Tuesday takes place on the Tuesday after Thanksgiving to kick off the holiday and end-of-year giving season. This year it falls on December…

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Your Estate Plan and your Digital Assets by Terri McDermott Many of us have elected to receive to receive electronic statements, set up auto payments or online bill payment. What happens with these accounts when you die or become incapacitated? Without physical evidence of your bills or statements for your accounts, how will your executor,…

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Best Practices for Device Applications by Dan Donnelly Recently, there was a new, at least for me, phishing attempt through my cell phone. It started like it has hundreds of times before for most of us with someone from an unidentified number trying to call me. However, this “person” didn’t leave a voice mail or…

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We came across this great article from Wired, which always has some really good information on Cyber-security and staying safe on the internet. Public Wifi is something we get a lot of questions about – how do we make sure our Personally Identifiable Information (PII) is secure on public wifi? Read below to make sure…

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Is your Small Business Safe from Cybercrime? by Terri McDermott The Internet allows businesses of all sizes and from any location to reach new and larger markets and provides opportunities to work more efficiently by using computer-based tools. Whether you are thinking of adopting cloud computing or just using email and maintaining a website for…

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Staying Safe on Social Media 2019 – Week 1 Maintaining anonymity in an information society By Christina Belfiglio Have you ever wondered how one might “steal” someone’s identity or hack into their accounts?  There are many ways cyber criminals can do this – purchase data on the dark web, scams that get you to share…

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May 31, 2019 / by Fortis Family Office Tax Team Establishing State of Domicile for Tax Purposes Wealthy taxpayers have long assumed that spending a minimum of 183 days, or six months plus one day, in a residence outside a high-tax state would be sufficient to avoid taxes in that state. But advisers note that this…

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