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How will the COVID-19 pandemic affect auto insurers in the longer term? No one knows for sure, of course, but a new McKinsey study provides a framework for considering the question. Fewer people are driving due to business closures and work-from-home practices. This could lead to fewer accidents and claims – but evidence suggests severity…
Read MoreThe Internal Revenue Service is delaying its Special Enrollment Examination tests for allowing tax practitioners to become Enrolled Agents due to the spread of the pandemic shutting down its testing centers. Original Article Posted at : https://www.accountingtoday.com/news/irs-postpones-enrolled-agent-exams-due-to-coronavirus
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In the last month, we have seen surgeons and shrinks alike leave the comfort of their suburban perches in order to fight on the front lines of the coronavirus war in America. While it should be inspiring to watch retired physicians return to the field to engage in the battle of their lifetimes, we should…
Read MoreStarting in May, preparation will be free for police, firefighters, EMTs and health care workers. Original Article Posted at : https://www.accountingtoday.com/news/h-r-block-to-offer-free-tax-prep-to-frontline-workers
Read MoreThe American Institute of CPAs offered suggestions on how the federal government’s Paycheck Protection Program should deal with forgiving loans. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-makes-recommendations-for-ppp-loan-forgiveness-under-coronavirus-stimulus
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During a recent Zoom call discussing issues of physician wellness, a common theme emerged among some of our pediatric faculty – a form of imposter syndrome. 7 p.m. cheers in New York City ring out for essential workers and medical staff. Calls, texts, and messages come in from friends and family thanking us for working…
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Professional vs Handyman. Some repairs should be done by a professional, with experience in exterior home repairs.
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I am an ICU nurse in Manhattan. I have seen my share of trauma, critical illness, and sorrow. But what is happening in my hospital and hospitals across America is on a scale of the tragedy not even the most seasoned clinician has experienced. My hospital looks like any hospital in America. Serene on the…
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Catastrophe bond and insurance-linked security (ILS) rates-on-line were up by a huge 13% in Q1 2020 and have risen by 56% since the end of 2016, as measured by the synthetic ILS rate-on-line Index calculated by Lane Financial. It puts cat bond and ILS rates firmly in hard market territory, with the Lane Financial rate-on-line…
Read MoreThe U.S. Treasury Department is planning to instruct people whose deceased relatives received coronavirus stimulus payments to return the money to the federal government, according to a department spokesman. Original Article Posted at : https://www.accountingtoday.com/articles/treasury-plans-to-reclaim-stimulus-payments-sent-to-deceased
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