COVID-19 Weekly Update – April 21st 2021

As the pandemic wears on, many people have been reporting a sense of “brain fog.” Memory problems and an inability to think clearly or to concentrate in meetings may be the brain’s response to the stress of the pandemic, our isolation, and the sameness of our days, according to neuroscientists interviewed by The Guardian. Our brains are wired to respond to novel situations, but the repetitive nature of working from…  Read more

COVID-19 Weekly Update – April 14th 2021

We’ve been spending more of our time staring at electronic screens all day, and rumors abound about the possible negative consequences of that, as this piece in Lifehacker explains. Eyestrain is real, but the blue light from our screens won’t damage eyes. Simply holding your device a bit further from your eyes may reduce just as much blue light as expensive blue-light-blocking glasses. Practicing the 20-20-20 rule may help alleviate…  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 – 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 – 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 20th 2021; Looking Forward to Another Historic Inauguration Day!

Vaccines for the coronavirus are now being administered around the country, but that may not mean an end to wearing a mask. This article from Kaiser Health News lists five reasons to keep wearing a mask, even after receiving the vaccine. The top two reasons are that no vaccine is 100% effective and that vaccines don’t provide immediate protection. According to one of the experts cited the best way to end the…  Read more

COVID-19 Weekly Update – December 31st 2020

With votes counted and the Covid-19 Relief bill now signed into law the fun begins.  I am hoping you have something safe, but special planned for this evening and the rest of this three day weekend, and will not have time to re-read our post from last week detailing all of the provisions but please feel free to click through here for our December 23rd post which has been updated.…  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 – 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 – November 4th 2020

When the novel coronavirus hit last winter, doctors were unsure of the most effective treatments. But as the pandemic has continued, doctors are learning, as the fatality rate continues to drop, the best way to survive COVID-19 seems to be to delay catching it, as this article in The Atlantic describes. According to a study cited in the article, the fatality rate in New York City was 25.6% back in…  Read more

COVID-19 Weekly Update – October 28th 2020

All around the world, pandemic fatigue is setting in, as the need for social contact outweighs the commitment to following restrictive rules. Unfortunately, this is coinciding with a surge in infection rates in the U.S. and Europe. Asian countries, on the other hand, are managing to return to mostly normal. New infections in China, Japan, South Korea, Singapore, and Hong Kong, combined, have been around 1,000 per day, while here…  Read more

COVID-19 Weekly Update – October 14th 2020

Prior to COVID-19, models of what could happen during a pandemic overstated the possible global death toll, but understated the potential hit to GDP. But as a series in The Economist explains, our current pandemic may have lasting impact. The impacts of shutting down schools for months at a time may persist for decades. Governments around the world are issuing debt at levels never before seen to finance support for…  Read more

COVID-19 Weekly Update – October 7th 2020

Fall is here, and with it, the beautiful colors of the season. Hikes and drives to see the colors are still something we can do, despite COVID-19, as this guide in the New York Times reminds us, with pictures and suggestions across the country. The Berkshires in Massachusetts, Ohio’s Cuyahoga Valley National Park, West Virginia’s Spruce Knob, Maine’s Grafton Notch, Percy Warner Park and Radnor Lake near Nashville, and Guanella…  Read more

COVID-19 Weekly Update – September 30th 2020

With our normal routines turned upside down, people have found as many ways to cope with the pandemic as there are neighborhoods. I love the section of the New York Times showing a series of postcard vignettes of neighbors coming together to connect and help each other, check it out. In Los Angeles, a family picks citrus fruit from trees in their neighborhood, sharing the bounty with the owners of the trees…  Read more

COVID-19 Weekly Update – September 9th 2020

After a solid week of number-crunching, a supercomputer at Oak Ridge National Lab in Tennessee analyzed the genetics of the COVID-19 virus to understand why it impacts so many different systems of the body. Analysis of the data resulted in a new theory about how the virus operates and why it causes so much havoc. Unlike many viruses that target just one or two systems in the body, the researchers…  Read more

COVID-19 Weekly Update – September 2nd 2020

Shutting down economies around the world to fight the coronavirus has been a blunt and costly instrument, as this piece in the Wall Street Journal describes. Taiwan, South Korea and Hong Kong demonstrated that it was possible to reduce infection rates by widespread testing, contact tracing, cutting off travel with China and adopting masks. Such stringent controls were not possible in most states in the U.S., so instead we resorted…  Read more

We Are Running Out of Time, or Payroll Tax Deferral Without Guidance is…

It’s been almost 3 weeks and we accountants, employers and employees have been waiting for answers so that we can make an informed decision.  When I first read the memo I was concerned about the unforeseen consequences.  Please click through to my blog post of August 10th, for the full details and concerns as next week starts the clock and I am still concerned. So are many who have been…  Read more

10 Cyber Security Tips Your Business Needs Now and “The Morning” from the NYT…

Security has always been important to me as my firm started using: cloud based accounting software more technology solutions for transferring data between my clients, the tax authorities and my staff more technology solutions for client business efficiencies communicating between remote staff and clients As read through my on-line newsletters this morning I was reminded that although I have been writing and talking about the importance of protecting client data…  Read more

COVID-19 Weekly Update – August 26th 2020

In the past, automation and technological advances created more jobs than it disrupted, and innovation has greatly improved our lives. However, as this article in the Wall Street Journal reports, economists caution that the COVID-19 pandemic may have accelerated the changes that have already been happening for the last several decades which may be creating a divide between skilled and low-skilled workers. “For many professionals, technology has been a lifeline…  Read more

Want to grow your business? Our Complimentary Resources will Help