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 L. Olsen, CPA, Wikipedia Bio
For additional external COVID-19 pandemic resources:
Resources for Schools, Students, and Families
List of Nonprofits, Funds & Resources
Community, Work, and School| CDC
Check your community level.
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.
How Much Profits Are U.S. Companies Really Holding Overseas?
How Much Profits Are U.S. Companies Really Holding Overseas? How much money does the U.S. government collect in corporate taxes every year on average? While there is no exact answer the following numbers provide a relatively close approximation. In 2014, the Government collected $3.02 trillion in taxes, with about 11 percent of that coming from…
How to Avoid Big Taxes on Capital Gains From Mutual Funds
How to Avoid Big Taxes on Capital Gains From Mutual Funds Many people who own mutual funds know they are typically a good way to save on taxes because capital gains are taxed at about half the rate of regular income. It’s one of the most common ways that the super rich make so much…
How to Avoid Paying a High Estate Tax
How to Avoid Paying a High Estate Tax It is said that there are two certainties in life: death and taxes. When it comes to some states those two things go hand-in-hand. The estate tax, which is also known as the “death tax” seems like a punch in the gut to many who oppose it.…
How To Handle a Tax Bill You Can’t Pay
How To Handle a Tax Bill You Can’t Pay What could be more chilling than receiving a notice from the IRS that you owe a huge tax bill? The answer: the realization that you don’t have the money to pay off said tax bill. So what should you do if you find yourself in this…