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Fairman Group Explains the American Families Plan & Its Potential Effects

President Biden recently proposed the American Families Plan which calls for an increased audit rate and higher income taxes. The proposed changes could require proactive tax planning now to determine the best timing of income recognition. The Plan includes several new spending initiatives in the areas of education, childcare, paid leave, nutrition, unemployment insurance, and tax credits. To raise revenue, the President’s proposals include additional tax law changes.

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NCCPAP Issues an Update from the IRS

NCCPAP Tax Chair, Steve Mankowski, CPA, recently attended the May 2021 IRS meeting. You can read his recap below, highlighting several topics including filing season statistics, restaurant revitalization, and Small Business/Self-Employed Division updates.

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Fairman Group Explains Recent Estate & Gift Tax Proposal & Bills

Senator Bernie Sanders has proposed a bill that would change the current estate and gift tax system. Representative Bill Pascrell and Senator Chris Van Hollen have introduced bills that would eliminate the step-up in basis at death. Given the magnitude of potential changes, Fairman Group urges you to reassess your estate planning as soon as possible. Learn more about the 99.5% Act, H.R.2286 and STEP Act.

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Achieve Digital Transformation Excellence & Start Your Journey with the Pros at Proconex

Today’s overwhelming range of Digital Transformation capabilities have resulted in a seismic shift in how customers evaluate and deploy their DT solutions. This can be a daunting task, at best. In order to get in the right frame of mind, the Pros at Proconex recommend beginning your DT conversation with a Technical Discovery. Think of this process as a strategic, mission-critical component to gathering the right information for decision-making. 

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NCCPAP Issues an Update from the IRS

NCCPAP Tax Chair, Steve Mankowski, CPA, recently attended the April 2021 IRS meeting. You can read his recap below, highlighting several topics including an Update on the New Tax Pro Account Release and a Spotlight on Criminal Investigation Programs.

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Markitects Recognized as One of the Best Digital Marketing Experts to Hire

DesignRush has released their 2021 global rankings of top digital marketing experts. Markitects is honored to be on the list and represent the Philadelphia Region as the only agency mentioned from the area.

Markitects’ Digital Marketing Team is adept in social media marketing, employee advocacy, digital advertising, website design and development, email marketing, and more. Contact us if you’re ready to step up your digital strategy and execution!

Read the full release, here.

NCCPAP in the News

NCCPAP is gaining more and more visibility in the media. Over the past several months, NCCPAP Board Members and our CPA member experts have been tapped as trusted sources for tax and regulatory information and advocacy. Some recent examples include New York Times, Accounting Today, Fox Business, & Newsday.

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Explore P&C Global’s Knowledge Center

As part of the firm’s global rebranding efforts, Markitects was engaged to create a new website—one that features hundreds of pieces of content that P&C Global is sharing with viewers. This video trailer features the ‘Knowledge Center’, as well as the tagging mechanism for a viewer to self-select relevant and interesting content. The content includes: Client Outcome Videos that showcase the culmination of selected P&C engagements, Proven Results that take a deeper dive into customer case studies, and Curated Content carefully selected for the firm’s audience.

Visit the P&C Global Knowledge Center

NCCPAP Issues an Update from the IRS

NCCPAP Tax Chair, Steve Mankowski, CPA, recently attended the March 2021 IRS meeting. You can read his recap below, highlighting several topics including Current Filing Statistics, Improvements to The Taxpayer Experience, and COVID-related Retirement Plan Relief.

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Markitects, Inc.

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    107 W. Lancaster Avenue, Suite 203

    Wayne, PA 19087

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