President Donald Trump has been in the White House for a little over a week and is already following through on his campaign promises. At the top of his priority list is tax reform for United States businesses- a 15-20% reduction, to be exact.
“We are going to be cutting taxes massively for both the middle class and companies – and that’s massively,” President Trump told business executives visiting for a tour of the White House last Monday.
In addition to cutting the current U.S. federal corporate income tax rate (which is among the highest in the world at 35%), President Trump is reported to have said that his administration thinks they can reduce regulations by 75% or more, arguing that existing regulations on businesses are cumbersome and unnecessary.
The possible reduction in taxes and regulations impacts your business allowing you the opportunity for you to utilize those extra funds to focus on the future, which includes smart communications to your customers.
Mobile Responsive Applications: According to Mashable, 63% of millennials access their bank accounts via a mobile phone, and Generation X and Baby Boomers are following suit. Additionally, in-person mobile payments are projected to reach $23.47 billion by 2018, according to a recent study from Statista. Driving mobile initiatives is critical to meeting the needs of customer expectations of how they receive information.
Information Security: In 2014, 0ver 17 million U.S residents were victims of at least one identity theft incident, according to the Office of Justice Programs. The most common type of identity theft is the unauthorized use of existing accounts such as credit card and banking accounts. Now is the time to ensure you and your vendors invest in security audits. Other ways to be proactive in protecting your customers’ information is to offer transactional alerts and two-factor authentication on all digital communications.
2017 has a lot in store for your business! Contact us today to learn how Lanvera can help you invest in your business’ future through business-critical communications.