Weekly Reports

  IRS has just announced: (1) Nearly one third of its audit staff have been laid off, necessitating numerous dropping of tax return audits in process; (2) the Internal Revenue Service agency is “poised to become more earnest in its... Continue

PHONE SCAMS GENERALLY SUCCEED BY CREATING A SENSE OF URGENCY to make the person who answers act quickly, without thinking, to hand over money, banking & credit card numbers, or personal information. Popular scams continue to involve fake prize notification,... Continue

  OUR YOUNGEST GENERATIONS ARE FACING A CATCH-22, as social media has become their primary arena to connect and communicate with friends, it is now clearly associated with depressive symptoms and risky behavior. A 3-year research study involving twelve-thousand kids... Continue

OWNERS OF A FAMILY BUSINESS WHO WISH TRANSITION TO CHILDREN FACE A TRICKY ROAD, since fewer than 30% survive through 2nd generation and only 12% endure to the third before derailing, according to latest analyses. A few steps which can... Continue

GOVERNANCE OF FAMILY AND CLOSELY-HELD BUSINESSES involves stewardship, operational oversight, and avoidance of risks from future innovation or disruption of regulations, supply-chains and talent. McKinsey’s latest global survey of impacts from rapid adoption of Artificial Intelligence reports disrupted job roles,... Continue