Tag: Covid-19

It's the fourth quarter of 2020, and the COVID-19 pandemic continues to affect the construction industry. Project delays, work stoppages, supply chain disruption and lost productivity remains a reality for many contractors. All of this Read More

In the COVID-19-ravaged economy, debts can pile up beyond a borrower's ability to repay. Lenders sometimes may be willing to forgive (or cancel) debts that are owed by certain borrowers. While debt forgiveness can help Read More

Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be especially helpful for retired people Read More

Business valuation is a prophecy of the future. That is, investors typically value a business based on its ability to generate future cash flow. The COVID-19 crisis has caused operations to change for many businesses, Read More

Despite the COVID-19 crisis, residential real estate prices generally remain stable or are even rising in many areas. Even so, pandemic-related financial stress may cause some homeowners to be unable to make their mortgage payments. Read More

Several months into the COVID-19 crisis, most not-for-profit organizations have formulated at least a temporary plan for sustaining operations. But short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives. Specifically, your nonprofit Read More

If you're feeling burned out from coping with extreme circumstances brought on by the COVID-19 pandemic, you're not alone. Fortunately, the Financial Accounting Standards Board (FASB) and Congress are offering some compliance-related relief for certain Read More

The economic fallout from the COVID-19 crisis will cause many rental real estate properties to run up tax losses in 2020 — and possibly beyond. Here's a summary of important federal income tax rules for Read More

Here's a HIPAA-related question from one employer. Q. How long are the extended HIPAA special enrollment periods during the COVID-19 emergency? A. In response to the COVID-19 emergency, the Department of Labor and IRS issued Read More

As a COVID-19 relief measure, the IRS has postponed many of the usual federal tax filing and payment deadlines, along with the deadlines for taking certain other tax-related actions. Generally, deadlines for federal income tax Read More