The CARES Act has brought important tax relief provisions and these, coupled with sophisticated tax planning techniques, are more effective now as asset values and interest rates have dropped. Our discussion focuses on key COVID-19 programs and wealth and tax planning ideas that may benefit your family, including making adjustments to grantor retai...
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The current economic downturn has many business owners rethinking their transition plans and exit strategy. It may feel counterintuitive amid the COVID-19 pandemic, but now is a good time to consider a sale of business. Doing so allows for the kind of preparation that will help position and present the company from a place of strength. Planning wel...
With the lifting and re-evaluation of the "shelter in place" orders amid the COVID-19 environment, it is critical to have a responsible plan when restarting business operations. Recommended guidelines for the workplace—including worker health and wellness precautions, COVID-19 testing options, office work considerations, and em...
For employers with less than 500 employees who provided benefits under the leave program of Families First Coronavirus Response Act (FFCRA), a separate line of identification and reporting is required on the W-2 Form. Guidance is provided in the IRS Notice 2020-54 to help employers properly report 2020 emergency paid sick leave and expanded family ...
In the age of COVID-19 and when more and more positions require duties to be carried out almost exclusively on computers, many employers are offering the option of working from home. This guide provides you with tips and suggestions to help you remain engaged and stay on track with your new working environment. In response to COVID-19,&nb...
The ability to perform financial transactions online offers tremendous convenience, but also exposes assets to theft and cyber fraud. In addition, the internet of things (IOT) which connects home security systems and other smart devices, creates another access point to personal information and assets. As new technology surfaces, the need to protect...
For leaders and organizations, it has been hard to make the right moves amid the COVID-19 pandemic. But during any time of crisis, it's people who are the ultimate differentiator. In this Briefings Magazine issue, it begins with a cover story on Reading the Future and the questions on every CEO’s mind. Other voices in leadership share the...
When it comes to a return on company culture investment, the days of uncertainty are over. Culture can no longer be seen as a soft extra. Culture is now a proven science, backed by rigorous research and statistical analysis. The fact that businesses can establish a quantifiable link between culture and financial performance unlocks incredible ...
Organizations of all sizes have been in survival mode since the beginning of 2020 to get through the pandemic and the economic downturn that followed. But now, as the world moves towards recovery and growth, entities must carefully consider their unique circumstances and risk exposures when analyzing how recent events may affect their financial rep...
If remote management of people is done well, it can be a game-changer. BPM’s HR Consulting Partner Jill Pappenheimer brings 30 years of experience and offers a spectrum of things to think about in terms of best practices, policies, practical tips, and some tactical thoughts to help you rethink how to effectively manage people and preserve pro...
The COVID-19 pandemic challenges all aspects of work. For businesses attempting to return to work, there are many new liability risks and employer obligations to consider. How an employer assesses, implements, and communicates new policies and procedures will have a lasting impact on employee productivity, engagement, and commitment. This play...
Having learned hard lessons from past crises, CFOs acted quickly during COVID-19 to conserve cash and contain costs. Yet short-term cost-cutting alone won't be enough to enable companies to emerge stronger from the COVID-19 crisis. To emerge stronger, you should redirect costs to the right growth drivers. Resetting costs and reshaping businesse...
For the businesses who want to thrive and survive in a COVID environment, it’s crucial to deploy a business continuity plan and management training. As part of the plan and to help navigate the new workplace conditions, here is a comprehensive list of tips and checklists for financial emergence and recovery, human capital and business operati...
Diversity of perspective is a key element in deciding how to balance business risks and opportunities. For investors, companies, and employees alike, diversity makes a difference—but it takes data to know how much work is ahead. When data is available and accessible, companies manage the issue more closely and show some progress. Compani...
Although there is no true end-to-end encryption for securing Zoom meetings, there are a few simple measures and setting guidelines you can take to help make them more secure.