Weekly Update – July 15th 2021

In the wake of the pandemic, many families may find themselves with medical debt from COVID-related hospitalizations. This article from Acorns has four steps to take to reduce damage to credit scores from medical debt. First, review the bill to make sure it’s accurate. See if you can set up a payment plan with the provider. Try to negotiate with the provider to accept rates that are closer to Medicare…  Read more

Weekly Update – July 8th 2021

While pandemic restrictions are easing in the U.S. as vaccination rates rise and infection rates fall, whether that trend will continue may depend on the interaction of three principles. First, thank goodness current vaccines still seem to be effective against the variants. Per the CDC and current research, those who have been fully vaccinated with any of the vaccines are not as likely to get as sick or to be hospitalized,…  Read more

A Season of Takeaways

Originally published in the June 2021 Nassau/Suffolk Chapter of NCCPAP Newsletter.   I wanted to share my recently published article as I feel so strongly about the message being more far reaching than my immediate accounting community. Message from the Educational Foundation President A Season of Takeaways By Andrea Parness It has been a while since we included our MAP meeting Take-A-Ways in our quarterly newsletters. The great content always made…  Read more

Weekly Update – July 1st 2021

As the pandemic recedes and businesses reopen, millions are quitting their jobs rather than return to their pre-pandemic routine. Some are seeking out positions where they can be fully remote, while others, particularly in the leisure and hospitality sector, are seeking better work-life balance, higher pay, or a less stressful work environment. The lengthy experiment with remote work has changed what people think about where and how they want to…  Read more

Weekly Update – June 24th 2021

Is there a perfect number of hours to work each day? Research shows that five hours seems to be the maximum that people can focus and be creative. The constraint of a shorter workday can also increase productivity as people are forced to find ways to get their work done in less time. While a shorter workday gives people more time for other pursuits, it also has several downsides. People have…  Read more

Weekly Update – June 17th 2021

Before the pandemic, commuting was widely considered the worst part of one’s day and only worsened one’s sense of well-being. However, now that most office workers have skipped the commute for more than a year, the hidden benefits are emerging. Commuting serves as a distinct boundary between the home and office. Interesting that my contribution to a recent article “How to Draw the Line Between Work and Home”  also focused on the…  Read more

Weekly Update – June 9th 2021

As we create our new normal, we look to the summer with warm weather allowing us to meet outside and even begin doing those things we love, like  attending graduations, hosting and attending Bar-B-Ques, hiking, biking, going to the park to play sports or just get out & toss a frisbee around. I’ve shared the story of my daughter who is foster failure, when she “broke down” and adopted her…  Read more

Weekly Update – May 26th 2021

It seems crazy that a year ago, consumers were snapping up essentials like cleaning wipes and toilet paper in a panic-driven frenzy. Today, as economies around the world reopen, businesses are in a similar panic-driven frenzy to stock up. Supply lines have not yet recovered to pre-pandemic capacity, and recent events, including the Suez Canal blockage, a deep freeze in the southeast, and disruption of an East coast pipeline from hacking,…  Read more

COVID-19 Weekly Update – May 12th 2021

Are you feeling exhausted these days (even those non-accountants out there)? Are you struggling with “brain fog”? According to mental health experts interviewed by NPR, fatigue and brain fog may be a response to the stress and trauma of the last year. Many of us have lost loved ones, our lives have been uprooted, and even if we haven’t been sick, there’s a fear that we might catch this strange new…  Read more

COVID-19 Weekly Update – April 28th 2021

A year into the pandemic, and we’d all like to see it behind us. But there are disquieting signs that the virus may part of our lives for longer than we want. The longer the virus can spread through a non-immunized population, the more chances it has to mutate into strains that are more contagious or more dangerous. Although vaccination rates are still far below what is needed to slow…  Read more

COVID-19 Weekly Update – April 7th 2021

Rapid vaccine rollout across the U.S. is helping the economy here recover months ahead of European economies, as a Reuters study of data across many platforms shows. Bookings on OpenTable show that the U.S. is gradually returning to nearly normal, while those in Europe are still flatlining. Air travel is increasing, and commercial activity is also improving, especially as stimulus payments hit bank accounts. I am so grateful to have…  Read more

COVID-19 Weekly Update – March 17th 2021

Eventually, epidemiologists hope that the coronavirus will become a seasonal pathogen, not much worse than the flu. But the path to that state is not a straight line, as this article in Stat describes, breaking the continued pandemic into short-, middle- and long-term phases. With vaccines steadily reaching more people, most agree that we are at least approaching the end of the “crisis” phase. Over the short-term, we may see…  Read more

COVID-19 Weekly Update – March 10th 2021

Today could be the day! Congress is expected to vote on the 1.9 trillion Covid-19 relief bill today, Wednesday March 10th, just before the expanded unemployment insurance benefits end.  As per the Associated Press morning wire : A dominant feature of the bill is initiatives making it one of the biggest federal thrusts in years to assist lower- and middle-income families. Included are expanded tax credits over the next year for children,…  Read more

COVID-19 Weekly Update – March 3rd 2021

Congratulations! You got the COVID vaccine! I have an appointment for my first shot for this afternoon due to an underlying condition.  Now what should you/we do?  As an article in The Atlantic describes, there’s no one-size-fits-all solution, but “When deciding what you can and can’t do, you should think less about your own vaccination status, and more about whether your neighbors, family, grocery clerks, delivery drivers, and friends are…  Read more

COVID-19 Weekly Update – February 24th 2021

The COVID-19 pandemic wasn’t the first to sweep the globe, nor is it likely to be the last one. Throughout history, pandemics have shaped our world, as this historic lookback in the Washington Post explains. One such plague likely contributed to the fall of the Roman Empire, when disease –likely measles and smallpox – swept through the ancient world and killed 5 million people over 15 years. The Black Death…  Read more

COVID-19 Weekly Update – February 17th 2021

Keeping people safe in the pandemic requires a comprehensive approach, as explained by Aaron E. Carroll, a pediatrics professor at Indiana University. By taking the pandemic seriously, “far from posing a risk to its host city or town, a university could become—by supplementing behavioral measures such as masking and social distancing with widespread surveillance testing—a model for detecting and suppressing the virus.” By the time IU’s 87,000 students return to…  Read more

COVID-19 Weekly Update – February 10th 2021

Although most of us have not been able to travel for much of the last year, that didn’t stop The Guardian from hosting a travel photography competition. Stunning landscapes, colorful marketplaces, and chance photos that capture an unforgettable moment are all among the winners in the many categories. We may not be able to travel safely yet, but we can at least travel in our imaginations. I am glad to…  Read more

COVID-19 Weekly Update – January 27th 2021

For many of us, it was our networks that helped us get through the last year. That was one of the lessons that Ivan Meisner, founder of BNI, an international business networking group learned from 2020. He also learned the value of limiting exposure to bad news by picking up what he needed to know from news apps. One business owner struggled with the stress of working from home while overseeing remote…  Read more

COVID-19 Weekly Update – January 13th 2021

The COVID-19 pandemic may have an economic impact far beyond last year and the next two or three. A recent report by the World Bank projects global economic growth to slow to 1.9% per year from 2020-2029. Prior to the pandemic, growth was projected to be 2.1%, down from 2.5% over the previous decade. Investments in infrastructure, diversifying economies and supporting the employment of women may help to mitigate or reverse that…  Read more

COVID-19 Weekly Update – December 23rd 2020

Hoping that you are busy, making holiday plans, while scanning the news about the COVID-19 Relief Bill we’re keeping this issue extra short. Just in time for Christmas, Jupiter and Saturn appear in close alignment this week, forming what some have called a ‘Christmas Star.’ The last time this happened was in the spring of 1226, when Notre Dame cathedral was under construction. Their closest connection will be on the Winter’s…  Read more

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