Questions about the leaked reports from the Financial Crimes Enforcement Unit (FinCEN): All parties acknowledge this disclosure places the employees of financial institutions in danger. How badly is this going to deter anyone in the financial industry from complying with the law going forward? If employees in these institutions were following the law in reporting […]
Yesterday the New Jersey Chamber of Commerce sponsored a discussion program with government policy experts from the U.S. Chamber of Commerce titled “What’s going on in D.C. and how it affects your business?”. If you own a small business in New Jersey (like me) the basic question is likely ‘How bad will it be?’ This […]
The hottest topic in tax planning right now is the protection of right to claim a refund for 2016. It’s likely a hot of hot air about nothing. Beginning on 2016 wealthy people paid additional taxes mandated by the Affordable Care Act. If the Affordable Care Act is deemed unconstitutional, then theoretically the taxes it […]
I am pleased to work with a wide range of nonprofit organization managers 1. This includes the executives of churches, synagogues, environmental groups, professional and trade associations. One thing that almost all share is a focus on outreach and recruitment. It’s a core theme for most nonprofits, and I think it is fair to say […]
I serve as accountant or treasurer to several nonprofit organizations focused on education and registration of voters. We are more concerned about voter suppression and voter disenfranchisement now than in any earlier time in our lives. That’s why this excerpt published yesterday by writer Heather Cox Wilkinson jumped out at me. “Basketball superstar LeBron James […]
This past week the U.S. House of Representatives passed the HEROS Act that includes: – Money for city and state governments struggling to provide public services with the collapse in tax revenue– Hazard pay for front line workers– Virus testing, tracing and treatment– Second round of direct payments to citizens make up for lost income– […]
There’s a huge battle brewing right now over our rights to privacy. It is widely agreed that the most effective tool to control the current and future pandemics is tracking software, easily installed on our phones. Some countries are moving ahead with the requirement to use this technology.The U.S. is likely to take eventually adopt […]
Political forecasting is an important part of effective small business strategic management. This is a digest of the latest Politico “New Jersey Playbook” published Thursday 4/23 reporting on the latest Monmouth University statewide poll results: MARIJUANA: It looks like New Jersey will be legalizing marijuana. 61% in favor, 34% opposed. PRESIDENT AND SENATE: Biden leads […]
This is one of those times when a little bit of knowledge is a dangerous and frustrating thing. I’ve had some formal training in epidemiology, virology and public health policy and worked as an intern in a high profile medical research lab but never pursued this as a career. My most recent formal education comes […]
The U. S. Department of Labor thoughtfully provides 59 Questions and Answers related to the Families First Coronavirus Response Act but omits the most common situation encountered in the small business market. So I will add Q and A #60 to the list: 60: What happens if my employer has lost 75% to 90% of […]