I call ‘this’, the Covid Effect, CE for short. Anything that goes wrong, I blame on the CE. Whether it was losing power for days or out of nowhere, your tire goes flat, or your dog gets sick it is all due to CE. Think about all the areas of your life this has touched.
COVID 19 has brought tragedy to many families and businesses and impacted personal finances. It has also rendered many an estate plan inaccurate and unrepresentative of current circumstances. If you, your family or your beneficiaries have been affected by the virus, you may need to review and make changes to your plan. Consider the following questions in your review.
Videos have been a hot trend on social and digital media for years now, but many business owners still do not know how to properly leverage this format to get the most out of it. Here are three lesser-known ways to utilize your company’s footage to drive more views, and ultimately, more business growth.
COVID-19 has created unusual times for all of us and it has been especially trying for small businesses. With all the uncertainty, it has business owners concerned more than usual about their financial condition and their employee situation. One thing that may help during this crisis is hiring your children to work in the family business. Read More
March 23, 2010 the Affordable Care Act was signed into law with the full law taking effect January 1, 2014. Beginning in September, 2010, the first aspects of the law took effect. One of the pieces of the law included full coverage for preventive care.
We hear all kinds of tips and tricks for employee self-care during this time of upheaval but don’t forget your own self-care must come first as a leader and employer. Taking care of yourself will contribute to being the strongest leader possible and leading by example. Read More
When you review the bookkeeping procedures in your office, where do you find the chief concern? Do you struggle everyday just to get the basics accomplished? Or maybe it is it at the end of the month, and the reconciliation has discrepancies. Maybe it is a combination of both. When I work with clients, we evaluate the need, intention, and expectation for the accounting department. Outlined are the steps to make that determination. Going through this exercise, allows you to make the best plan for your needs.
Many of the businesses, who received the Paycheck Protection Program (PPP) loan in April and May, have spent all of the funds. Now, they are anxious to get the loan forgiven so they do not need to repay it. However, is this the time to complete the forgiveness form and send it to their banker…or not? For now, we say “Don’t rush! It is better to wait until more information is known.” Here are 5 reasons to wait.
New legislation – the CARES Act –permits qualified individuals to take early distributions from their retirement assets, such as their 401(k) or individual retirement account (IRA) — penalty free. The rules – which sunset after 2020 – are designed to help the many cash-strapped Americans who have suffered financially as a result of the coronavirus epidemic. But tapping into your retirement savings has its costs, and there may be better ways to shore up your short-term cash flow.
Hospice is medical care for those with a terminal illness to live as well as possible for as long as possible, increasing the quality of life. This care is provided by a team of professionals who address the physical, psychosocial and spiritual distress of both the dying person and their family. Hospice came to the U.S. in the mid 1970’s and at that time was often used when cancer was the diagnosis. Today, late stage heart, kidney, or lung disease and many other diagnosed illnesses utilize Hospice care. There are even facilities for infants, children and adolescents available.
These are unprecedented times, a viral pandemic colliding with a large social uprising. Our normal, physically and emotionally, is being challenged while working fulltime. The psychological impact of these events and the way it carries over into the workplace cannot be overstated. Leaders seeking to create an inclusive environment must find ways to address these topics. Read More