COVID‐19 virus Message from Managing Partner Alan Olsen

COVID‐19 virus Message from Managing Partner Alan Olsen

COVID‐19 virus Message from Managing Partner Alan Olsen

March 17, 2020

Dear Clients and Friends,

Greenstein, Rogoff, Olsen & Co., LLP (GROCO) CPAs & Advisors remains committed to serving our clients. We hope this email finds you and your family well and in good health. If the COVID‐19 virus is affecting you or a loved one, we wish you and yours a speedy and complete recovery.

In line with recent announcements by the State of California regarding social distancing, we want you to know that we are taking measures to safely continue to serve you. Please contact us by telephone or email, as we assist you in meeting all tax deadlines during this unfortunate time. We can schedule meetings over the telephone or the internet, and when necessary, in our office when appropriate.

With that in mind, we are closely monitoring the evolving coronavirus situation and are taking appropriate steps to prepare for and limit potential impacts to our employees, clients and operations. We activated long‐standing business continuity plans, which include following the appropriate guidance from the Centers for Disease Control (CDC) and World Health Organization (WHO).

Our in‐place technological and operational infrastructure allows many of our employees to work remotely by leveraging at‐home workstations and secure network connections. We continue to provide you the quality work and attention to detail our clients expect. This means you may hear more from us via phone and email than in person for a while. We hope you understand that these steps are intended to help protect the health of you, our employees and the communities in which we operate.

We continue to closely monitor the situation and may provide updates to you as necessary. On behalf of all of us here at GROCO, thank you for your business and for your support.

Very Truly Yours

Alan L. Olsen Managing Partner

Greenstein Rogoff Olsen & Company

Click Here, For The Covid-19 Resource Center

Alan Olsen, CPA

 

 

 

Alan L. Olsen, CPA, Wikipedia Bio

For additional external COVID-19 pandemic resources:

Resources for Schools, Students, and Families

https://www.ed.gov › coronavirus  These resources include guidance and policies related to elementary and secondary education, special education, postsecondary education, and other aspects of …

List of Nonprofits, Funds & Resources

https://www.impact.upenn.edu › nonprofits-…  Giving Compass is compiling a comprehensive list and interactive map of vetted response and relief funds for pandemic. Racial Data Tracker, …

Community, Work, and School| CDC

https://www.cdc.gov › coronavirus › 2019-ncov › com…  See guidance for businesses, workplaces, childcare programs, shared housing, and other settings, including community mitigation frameworks.
Community Levels are a new tool to help you and communities decide what prevention steps to take based on hospitalizations and cases.
Check your community level.
Guiding principles and strategies to protect students, teachers, staff, and communities:

Cleaning and disinfecting:

The virus that causes COVID-19 can land on surfaces. It’s possible for people to become infected if they touch those surfaces and then touch their nose, mouth, or eyes. In most situations, the risk of infection from touching a surface is low. The most reliable way to prevent infection from surfaces is to regularly wash hands with soap and water or use alcohol-based hand sanitizer. Cleaning and disinfecting surfaces can also reduce the risk of infection.

This guidance is indicated for buildings in community settings and is not intended for healthcare settings or for other facilities where specific regulations or practices for cleaning and disinfection may apply. Additionally, this guidance only applies to cleaning and disinfection to prevent the spread of the virus that causes COVID-19. It does not apply to any cleaning or disinfection needed to prevent the spread of other germs. Always follow standard practices and appropriate regulations specific to your type of facility for minimum standards for cleaning and disinfection.

Posted in
IRS

IRS FIN 48

IRS FIN 48 Background As a result of the impending effective date for the application of Financial Accounting Standard Board Interpretation No. 48, Accounting for Uncertainty in Income Taxes, of FASB Statement 109 (FIN 48), some taxpayers may wish to request a greatly accelerated examination and resolution before the end of their current financial statement…

retire

Where Should You Retire if You’re Wealthy?

Where Should You Retire if You’re Wealthy? Best Places Retire in USA if You’re Wealthy You’ve spent your lifetime accumulating wealth through your employment and other business endeavors. You have been successful at what you do and now the time has finally come when you’re ready to ride off into the sunset, so-to-speak. It’s time for…

Automatic Penalties for Late Form 5471s and Related Forms

Automatic Penalties for Late Form 5471s and Related Forms

Automatic Penalties for Late Form 5471s and Related Forms On January 1, 2009, the IRS will begin to automatically assess section 6038 penalties for each late-filed Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations, and late filing penalties under section 6651 for related forms. IRS is now sending out letters…

SELECTING A GOOD TRUSTEE – FACTORS TO CONSIDER WHEN CHOOSING A TRUSTEE

Selecting a Good Trustee – Factors to Consider When Choosing a Trustee

Selecting a Good Trustee – Factors to Consider When Choosing a Trustee By Rocco Beatrice WHAT TO LOOK FOR IN A TRUSTEE When selecting a Trustee the most important qualities of a trustee are honesty, stability, dependability, organization, financial experience, and ability to devote time and energy on an impartial basis for the benefit of…