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 – 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

COVID-19 Weekly Update – December 16th 2020

To say that 2020 has been a wild ride is an understatement. This article in the Wall Street Journal takes a look at surveys, economic data, and research papers to get an idea of what’s changed and what might be coming our way. The pandemic forced many of us to work from home, and that trend may be here to stay. But the increase in productivity came at a cost:…  Read more

COVID-19 Weekly Update – December 9th 2020

States that depend heavily on tourism have suffered greatly during the pandemic, and a few are taking creative steps to diversify their economies by attracting new remote workers. For example, Hawaii’s new “Movers and Shakas” program offers free roundtrip airfare to remote workers willing to spend at least 30 days working in that state and to contribute in some way to the local community. Tulsa is offering grants of $10,000…  Read more

COVID-19 Weekly Update – December 2nd 2020

After months of only bad news about the spread of COVID-19, recent announcements of successful trials of three different vaccines bring a sense of optimism that the return to “normal” is on the way. Pfizer was first, and chartered flights bringing the vaccine to the U.S. from Belgium began on November 27. By mid-December, people may begin receiving that vaccine. A vaccine by Moderna has also completed trials and that…  Read more

COVID-19 Weekly Update – November 25th 2020 & Wishing You a Safe Happy Thanksgiving

One of the positive side effects of the pandemic has been reduced traffic on interstate highways. A group of amateur race car drivers decided to take advantage of the empty roads to revive the “Cannonball Run,” a highly illegal endurance race from Manhattan to Los Angeles. The object of this race is to make the run faster than anyone else. Teams plan for months, fine-tuning routes to consider traffic light…  Read more

COVID-19 Weekly Update – July 8 2020

One of the baffling aspects of the COVID-19 pandemic is the fact that we don’t yet know precisely how deadly this virus is. Estimates of the fatality rate range from a low of 0.64%, estimated by analysis of data by Australian researchers, to a high of 16% in Belgium. Many infections are asymptomatic or mild, which means there may be 10 unrecorded cases for each documented infection. What we do…  Read more

COVID-19 Business Update – 20 May 2020

Resources to Help You Survive – and Thrive – During the COVID-19 Pandemic The COVID-19 pandemic has impacted nearly every part of the economy. According to a survey by the Census Bureau, 75% of all small businesses in the U.S. have applied for a loan through the Paycheck Protection Program, but as of May 2, only 38% had received funding. For unknown reasons, businesses in some parts of the country…  Read more

The Morning Briefing, So Where’s My Money…

I am so glad to share this photo from another beautiful morning run on the beach today, I hope you are all doing something for YOU each day, it really does help.     The reports are coming in about the stimulus checks.  It seems that only those eligible individuals who had an over-payment direct deposited into their (current) bank account when they filed their 2018 or 2019 tax returns…  Read more

The Morning Briefing and New News on the PPP Loan Calculations…

In this video, I talk about how the Economic Injury Disaster Loans & Emergency Economic Injury Grants can help your business. I remember the joke that “Ask an accountant how much is 1+1”, and they say “what would you like it to be”.  It sounds like the new Non-Joke “what is my average monthly payroll cost” and we say “what day is it” … Please watch my video, which I…  Read more

Your Morning Briefing and Sharing Today’s Dolphin Photo Opp…

Hoping you can spot the dolphins playing in the stormy water today.  In times like this it’s the little things that make a difference, like spotting dolphins swimming by during my morning walk. Last night I hosted the first of what I hope will be the first of many valuable and informative webinars: “Successful Personal Cash Flow Strategies During Times of Uncertainty” and as the news keeps changing I will update…  Read more

How Can I Find the Best CPA-Tax Accountant for Me….

It’s tax season and it seems that the rest of the country finally figured out that Tax Simplification is anything but… Now the big question is how do I find the best CPA or Tax Professional for me.  The question seems “simple” too. But is it? Today was the second time this article was published in the last few weeks, click through to read it. How to Find the Best…  Read more

What is Your #1 Piece of Advice to Clients in 2020?

I was asked to contribute to this online article as posted by Intuit for other tax professionals. My tip: “We find that our business and individual clients are still confused about how the TCJA affects various issues, such as their overall tax liability, entity structure, retirement benefits and deductible expenses. We will continue to encourage strong communication and engagement with our team of professionals. Our clients are comforted when they see that we are there…  Read more

Thanks for Working With Us on Your 2019 Year-End Micro Tax Minimization Plan

It’s been exciting to see how several of our clients were able to save some serious dollars and reduce or eliminate their fourth quarter corporate and individual tax estimates by instituting Year-End Micro Tax Minimization Plans. We will be rolling up our sleeves again in January to start working on full blown plans for the 2020 tax year. Click through to see a blog and video on the process and……  Read more

Ready to Retire? Make Sure Your Cash Flow is Sufficient!

Ready to retire? Worried that you can’t afford to?  Your accountant may be able to help shed some light on your situation.  Remember that your tax situation may change drastically after retirement and that change can have a positive effect on your spending dollars! Watch this video to see how understanding your after tax retirement dollars can bring you peace of mind. You CAN afford to retire with after tax…  Read more

It’s Year End, Now is the Time to Take Stock of Your Business…

It’s year end, and time to reflect on the year gone by and plan for the year ahead. But thinking about your business and how to improve it can be stressful. We wrote about the importance of having a solid Vision Statement to help guide you and your staff to a more successful business, with a better business model, more satisfied customers and more focused staff. Need a little prodding?…  Read more

Separate Personal and Business Expenses To Yield a Better Tax and Financial Result

There are some things in life that go together well and others that definitely do not! Business and personal finances are in that category of items that should not be mixed. Although it may seem like a headache to keep them separate—who wants to manage all those bank accounts?—your life will be greatly simplified once you separate your personal and your business finances, especially your expenses. Paperwork and taxes will…  Read more

Tips for Switching Off During the Holidays, or Any Time You Need To

The holiday season is once again here, and with it comes time to relax, focus on family and friends and take stock in what is really important in life. What if you are a small business owner who has not worked through your processes to create a business rather than a job?  Every small business owner knows that being away from the office can be just as stressful as being…  Read more

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