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.

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Top Ten Tax Time Tips

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If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis. To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. Alan Olsen, CPA Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world. Alan L. Olsen, CPA, Wikipedia Bio GROCO.com is a proud sponsor of The American Dreams Show. American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business. Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind. The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most. They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more.. American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included: Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work… Untitled_Artwork copy 4 MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement: In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges. Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

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Mutual Funds and Tax Benefits What are the tax benefits available to those who invest in mutual funds? What are the tax liabilities, if any? Since, April 1, 2003, all dividends, declared by debt-oriented mutual funds (i.e. mutual funds with less than 50% of assets in equities), are tax-free in the hands of the investor.…

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