Expectation Versus the Open Mind
We’ve all experienced it – the let-down, when we feel when our expectations aren’t met. When a highly-recommended film, or book, or restaurant disappoints us. But what are our – possibly unrealistic – expectations actually doing for us? Are they perhaps closing us off to new experiences we might enjoy if we went into them […]
Unpacking the Proposed House COVID Pandemic Relief Bill
This week, the U.S. House of Representatives will finalize details on their version of President Biden’s proposed $1.9 trillion coronavirus relief and stimulus spending package, and could potentially send the bill to the Senate as early as next week. Unsurprisingly, most of the President’s proposed measures – though not quite all – appear to be […]
What’s Your Story?
As I’ve noted, my career path to helping people has entailed a significant amount of self-discovery, which, in turn, has made me sensitive and understanding to people’s individuality – to what drives them, what they need and want out of life. In short, through writing my own story (metaphorically speaking), I learned the importance of […]
PPP Round II Loans – What’s New?
Last week, lenders nationwide were permitted to begin accepting applications for second-round Paycheck Protection Program Loans (PPP 2 Loans), as authorized by the Consolidated Appropriations Act (CAA). There is some $284 billion available in funds for these loans, but remember, the initial $349 billion authorized in 2020 ran out within about two weeks – so […]
Busy Does Not Mean Productive
It’s tempting to be busy. “Busy” signals that we’re working. But are those “busy” signals reality? And, even if they are, is merely busying ourselves actually meeting our clients’ needs to the very best of our ability? I think that, often, we need to step back and ask ourselves whether our “busy” work is producing […]
It Took Me a While to Realize . . .
When I started my accounting career, I had a serious desire to help others. I went to work for one of the then Big 6 accounting firms in New Orleans. I footed general ledgers, prepared tax returns, and performed other seemingly menial tasks for somewhere between 14 and 16 hours a day. I would see […]
The ERC – 2020 v 2021
Last week, we discussed some of the changes to COVID-19 relief under the newly enacted ~$900 billion legislation. This week, we take a deeper dive into the specifics of the changes to the Employee Retention Credit (ERC) as modified via Internal Revenue Code Sections 206 and 207 of the new law. As initially instituted in […]
COVID-19 Relief – Year-End Legislative Roundup
On Sunday, December 27, 2020, President Trump signed into law the COVID-19 relief package of ~$900 billion, as well as the accompanying ~$1.4 trillion omnibus appropriations bill for fiscal 2021 (October 1, 2020, through September 30, 2021). On Monday, December 28, 2020, the U.S. House of Representatives approved by a vote of 274 to 134 […]
Happy Holidays
COVID-19 Relief? Not Yet!
Late Monday, December 21, 2020, the U.S. Senate and House of Representatives passed a ~$900 billion COVID-19 relief bill, the details of which had been haggled over for weeks. While President Donald Trump had been pushing for passage, and was expected to sign the bill in short order, he has thrown the nation a curveball, […]