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TPC Estimates The HEROES Act Would Substantially Cut Individual Income Taxes  

By Angelica | May 22, 2020 | Comments Off on TPC Estimates The HEROES Act Would Substantially Cut Individual Income Taxes  

The major individual income tax provisions in the House-passed Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would cut taxes by an average of…

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5 Ways to Stop Lifestyle Creep From Stealing Your Retirement

By Angelica | May 22, 2020 | Comments Off on 5 Ways to Stop Lifestyle Creep From Stealing Your Retirement

GaudiLab / Shutterstock.com Have you ever been tempted to trade up to a slightly fancier home? Do you feel the urge to sell your perfectly serviceable car so you can buy something newer and flashier? If so, you’ve been a victim of lifestyle creep. This malady strikes when an increase in income causes you to…

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7 Ways Airport Screening Is Changing for All Travelers

By Angelica | May 22, 2020 | Comments Off on 7 Ways Airport Screening Is Changing for All Travelers

If you plan to fly in the foreseeable future, prepare for some new rules while you go through airport security. The Transportation Security Administration is making some tweaks to the screening process that occurs in airports across the country. The changes are a reaction to the coronavirus pandemic that is sweeping the nation and the…

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Mortgage ILS Covid-19 dislocation to elevate reinsurance costs: A.M. Best

By Angelica | May 22, 2020 | Comments Off on Mortgage ILS Covid-19 dislocation to elevate reinsurance costs: A.M. Best

The current dislocation of the mortgage insurance-linked securities (ILS) market due to the Covid-19 pandemic is likely to cause mortgage reinsurance rates to rise, impacting the originate to distribute model of many mortgage insurers. Over the last few years, issuance of mortgage insurance-linked securities (ILS), or mortgage insurance linked notes (ILN), has become a significant…

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Association’s propose federal program for “uninsurable” pandemic risk

By Angelica | May 22, 2020 | Comments Off on Association’s propose federal program for “uninsurable” pandemic risk

U.S. insurance and reinsurance industry associations have launched a proposal for a industry-backed pandemic risk backstop, called the Business Continuity Protection Program (BCPP) as an alternative to the legislative proposal for a Pandemic Risk Insurance Act (PRIA) reinsurance backstop. The National Association of Mutual Insurance Companies (NAMIC), the American Property Casualty Insurance Association (APCIA), and…

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Hurricane season forecast for “above-normal” activity: NOAA

By Angelica | May 22, 2020 | Comments Off on Hurricane season forecast for “above-normal” activity: NOAA

The 2020 Atlantic tropical storm and hurricane season is forecast to have a 60% chance of “above-normal” levels of activity by NOAA, with the agency calling for between 6 and 10 hurricanes to form over the coming months. The forecast from NOAA joins almost every other in calling for a season of above average levels…

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Tax Fraud Blotter: Skim game

By Angelica | May 22, 2020 | Comments Off on Tax Fraud Blotter: Skim game

Yacht happening; going, going, gone; grey and bootleg; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-skim-game

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Koziel leaving AICPA to head Allinial

By Angelica | May 22, 2020 | Comments Off on Koziel leaving AICPA to head Allinial

After 14 years, the institute EVP will take up his new position in August. Original Article Posted at : https://www.accountingtoday.com/news/mark-koziel-leaving-aicpa-to-head-allinial-global

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Remember the art of medicine during virtual visits

By Angelica | May 21, 2020 | Comments Off on Remember the art of medicine during virtual visits

The COVID-19 crisis has forced upon us the rapid adoption of telemedicine with all its advantages and flaws. It has certainly allowed physicians to evaluate patients safely and to assess them while continuing to allow them to physically distance.  It many cases, it has allowed for the recognition of an exacerbation of a chronic illness…

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Charting in uncharted territory: Scribing during COVID-19

By Angelica | May 21, 2020 | Comments Off on Charting in uncharted territory: Scribing during COVID-19

On Friday, March 27, 2020, California went on lockdown in the face of the COVID-19 pandemic. It changed every Californian’s life, including my own. As the newly appointed chief scribe, the possibility that I would be jobless by the time Monday rolled around, was the last of my worries. What would happen to the patients…

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