Articles
Tax Payment Due Dates – Updated Information as of March 19, 2020
Federal and some state tax authorities have responded to the Coronavirus by announcing extensions of some tax payment deadlines for most taxpayers. At BPM we are monitoring these announcements and will provide updates as additional information becomes available and as additional formal guidance is issued. Federal Coronavirus Update Treasury Secretary Mnuchin stated publicly on March…
Read MoreFiling Deadline Updates, IRS and California FTB
Filing Deadline Updates, IRS and California FTB. The IRS has set up a “Coronavirus Tax Relief” page on their website. We expect, as additional information becomes available and formal guidance is issued, it will be accessible on that webpage. Federal and state tax authorities have responded to the Coronavirus by announcing extensions of some tax…
Read MoreAssessing the Impact of the Coronavirus on Your Business and Staff
Impact of Coronavirus on your Business In a press conference on March 11, the World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus announced that the outbreak of the coronavirus (COVID-19) can be characterized as an official pandemic, with the risk of further global spread. As the WHO and the Centers for Disease Control and Prevention (CDC) continue to…
Read MoreHow to Support Your People through Compassion, Compliance and Accountability
People First How can you support your people through compassion, compliance and accountability? As organizations continue to navigate the ever-changing landscape this pandemic presents, it is important to stay aware of the impact on employees due to illness, reduced hours, or loss of unemployment. Employees are facing increased emotions, heightened anxiety, fear, added stress from…
Read MoreCOVID‐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…
Read MoreTrump Proposes to Cut Payroll Taxes to 0%
This week, President Trump pitched cutting the payroll tax to 0% for both employees and employers through the end of the year. There’s also some discussion of making the change permanent. The intent of the cut is to stimulate the economy in the wake of the corona virus outbreak and oil price war. What does…
Read MoreSave Up To 100% Tax With QSBS (Qualified Small Business Stock)
In December 2015, the Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”) was passed by Congress and signed
Read MoreHow to Become a More Decisive Leader
How to become a more decisive leader? Have you ever been faced with a choice that was so difficult you couldn’t make a decision? Being indecisive can be highly detrimental in the workplace, especially for leaders. Sometimes indecisiveness can be even worse than making the wrong choice. So what can you do to be a…
Read MoreHow to Make Your Retirement Savings last Longer
How to Make Your Retirement Savings last Longer How’s your retirement nest egg looking these days? Whatever your situation: already living off your retirement savings, still a few years away, or you’re just getting started on that nest egg, planning and saving for retirement is very important. But once you have that nest egg saved…
Read MoreWant to Keep Your Passport – Pay Your Tax Debt
Want to Keep Your Passport – Pay Your Tax Debt. Are you planning an exciting vacation abroad any time soon, or an important overseas business trip? Before you leave the country, you better make sure you don’t owe any back taxes. The IRS recently reminded taxpayers that if they have a tax debt of greater…
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