Publications

November 4, 2020

Weekly Report 20-92

BUSINESS INSURANCE POLICIES ARE NOT GET-OUT-OF-JAIL-FREE CARDS. Companies relying on Business Interruption or Property coverage – versus cyber-specific policies – for ransomware attacks or other cyber damages are running a risk. The glitch is the “ubiquitous ‘Act of War’ clause, which protects insurers against ‘hostile act by a sovereign power’… Last week, their arguments against... Continue
October 31, 2020

Weekly Report 20-91

CALIFORNIA THANKSGIVING COVID RESTRICTIONS –The ‘rules’ announced by Governor Newnut: “(1) All gatherings limited to three households, including hosts & guests, outdoors, lasting two hours or less; (2) Attendees may go inside to use restrooms, as long as they’re frequently sanitized; (3) Face coverings required, but may be remove briefly to eat or drink, as... Continue
October 25, 2020

Weekly Report 20-90

88% OF REMOTE WORKERS PREFER TO REMAIN REMOTE and believe their productivity has been improved, according to latest Slack survey of 4,700 people across six countries. They also scored higher on “motivation and a sense of ‘belonging’ to their organizations.” Results are unsurprising, since “few people have the ability anyway to concentrate solidly for eight... Continue
October 22, 2020

Weekly Report 20-89

THE PRESSURE ON NON-FAMILY BUSINESSES TO GENERATE SHORT-TERM PROFITS is often to the detriment of long-term performance, stability and Valuation. “Strong empirical evidence shows that companies seeking long-term results outperform in the interest of both investors & stakeholders,” and that executives & managers can help sustain value creation by: (1) resisting temptation to make up... Continue
October 20, 2020

Weekly Report 20-88

PANDEMIC LOCKDOWNS HAVE FOSTERED THE COURAGE TO BEGIN MANY NEW BUSINESSES, either by necessity or in response to stir-craziness. Be aware that for tax-purposes: (1) HOBBY activities can generate taxable revenue without deduction for any related expenses. The primary test to distinguish ‘business’ nature of the activity is whether it was “conducted with continuity, regularity,... Continue