The items below are not recent and are being shown as examples of Fortis Advisor LLC’s past communications and may contain information that is stale and/or outdated. While Fortis Advisors, LLC strives to make the information on its website as timely and accurate as possible, the items below have not and will not be updated…

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Making the Most of Giving Tuesday

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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October is Cyber-Security Awareness Month! Week 5

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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October is Cyber-Security Awareness Month! Week 4

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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October is Cyber-Security Awareness Month! Week 3

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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October is Cyber-Security Awareness Month! Week 2

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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October is Cyber-Security Awareness Month!

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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Considering Moving to Another State?

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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Employee or Independent Contractor…Do You Know the Difference?

May 8, 2019 / by Fortis Family Office Tax Team Before you can determine how to treat payments you make for services, you must first know the business relationship that exists between you and the person performing the services. The person performing the services may be ¹ an independent contractor an employee (common-law employee) a statutory…

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How Do You Distinguish Between a Business and a Hobby?

May 6, 2019 / by Fortis Family Office Tax Team As you might expect, the IRS distinguishes between legitimate businesses and hobby activities, for the purpose of taxes. If you are legitimately in business, you can deduct the expenses of that business and possibly take a loss if your business isn’t profitable. If you are engaging…

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