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January 2020: Team Logic IT

Technology Trends Privacy Laws – The Trend That’ll Never End

Business Owners Policies, Employment Practice Liability Insurance, and Homeowners Insurance

Buying A Home Infographic by Joe Campagna

Cyber, Epli, Business Owners Policy and Workers Comp.

6 Key Strategies Toward Successful Networking

The Importance of Civic Engagement

The New Tax Laws – John D’Angelo, CPA

Filed under Blog

January 2020: Team Logic IT

Michael Montalbano is no stranger to hard work. While working on Wall Street, Michael worked long hours and lived in Manhattan with his wife, Justine. After their son was born in 2012, Michael decided he wanted to move to Staten Island and set up his own business to support his family and follow his dream. Since developing himself as an entrepreneur was new territory for Michael, yet an endeavor he believed he was capable of handling, he chose to meet

Technology Trends Privacy Laws – The Trend That’ll Never End

January 2020IN THIS ISSUE Technology Trends Privacy Laws–The Trend That’ll Never End Viewpoint Leaders’ IT Budget Priorities for 2020 IT Strategy Getting the DR Plan Right: Tips & Traps The trend toward ever-stricter consumer data-privacy protections continues with the now-in-force California Consumer Protection Act (CCPA). Surprisingly, a recent poll of 625 California business leaders reveals that nearly half had never heard of the CCPA, and only 88% didn’t know whether it even applied to them. More than a third were

Business Owners Policies, Employment Practice Liability Insurance, and Homeowners Insurance

From our Member: Joseph A. Zichittella, RPM Insurance Agency Today I spoke about Business Owners Policies, Employment Practice Liability Insurance (EPLI) And Homeowners Insurance. Business Owners Policies – I offer non auditable policies. This simply means the gross receipts for Restaurants, Pork Stores, Catering Halls etc. are not a factor in determining the premium. It is based on Public Access square footage and replacement cost value of Business Personal Property. We can add hired non owned and Umbrella (excess), Standalone EPLI

Buying A Home Infographic by Joe Campagna

Cyber, Epli, Business Owners Policy and Workers Comp.

Last Wednesday, we learned about different types of insurance for large & small businesses from our member Joe Zichittella: Cyber Insurance: Small businesses are more vulnerable now than ever before.Large businesses have IT monitoring services making it more difficult to penetrate. Malware, Phishing, Employee errors, dishonest employees and failure to update software are some reasons Cyber Insurance is necessary. EPLI (employment practices liability insurance): Covers sexual harassment, improper firing, and biased pay scale can cause a problem to an employer. Business Owners

6 Key Strategies Toward Successful Networking

Be memorable to other business owners – When you attend these groups you need to be memorable. One of the easiest ways to do this is to have a very unique and creative business card. Alternatively, experienced networkers will have a silly poem as a tagline: “When you’re bathroom becomes a bummer, just remember Pete the Plumber!” You don’t necessarily have to be “cheesy”, but you MUST find a way to be memorable. Find businesses in your network that compliment your

The Importance of Civic Engagement

  Joe Torres, CFP with Merrill Lynch at 900 South Avenue spoke of the importance of civic engagement. “Whether it be a sole practitioner or the head of a large corporation, the progression to success is enhanced by that individual’s willingness and ability to promote the quality of his or her community.”, says Torres, “In doing so, the business owner demonstrates three crucial elements while earning the public’s trust and patronage: 1) Integrity: When investing time and resources to protect

The New Tax Laws – John D’Angelo, CPA

  I spoke about the new tax laws regarding mortgage interest, state and local taxes, real estate taxes , unreimbursed business expenses, tax rates, regarding individulas. I spoke about pass through activities, scorps,llc, and how the 2018 tax law changes will impact corporations including the reduction in  new corporate tax rates. Below is more information.   -John D’Angelo, CPA 2018 – Tax Cuts and Jobs Act – Summary of Individual Changes Individual Income Tax Rates The individual income tax rates and