March 22, 2020
• 2019 FEDERAL & CALIFORNIA INCOME TAX FILINGS & PAYMENTS ARE NOW DEFERRED TO JULY 15, without interest or penalty, as result of IRS and Franchise Tax Board coronavirus response. • “THE ECONOMIC PANDEMIC WILL BE FAR MORE PAINFUL THAN... Continue
Weekly Report 20-14
March 20, 2020
MANUFACTURE OUTSOURCING TO CHINA has provided Americans with substantially cheaper products, but comes with some negative trade-offs. Beyond the current COVID-19 problem, imports have included: Other viral epidemics – H1N1, bird flu & SARS; toothpaste made with poison found in... Continue
Weekly Report 20-13
March 18, 2020
Re RISK ASSESSMENT FROM CORONAVIRUS IMPACT ON INSURANCE POLICIES: While government Emergency financial support is being developed, be aware that standard contract clauses address the scope of business interruption, supply chain disruption & other applicable insurance benefits. ‘Force Majeure’ clauses... Continue
Weekly Report 20-12
March 11, 2020
We’ve waited decades for the presumed ‘end of the world’ forecasted from Viruses, but somehow survived. 2001- Anthrax, 2002- West Nile, 2003- SARS, 2005- Bird Flu, 2006- E-coli, 2009- Swine Flu, 2014- Ebola, 2016- Zika, now 2020- Corona. It’s fear... Continue
Weekly Report 20-11
March 5, 2020
WHAT EXACTLY IS CORONOVIRUS? Actually, viruses are just a bunch of genes whose only function are to replicate. “A single sneeze can release 100,000 viruses into the air – as common colds, flu, measles, HIV, Ebola, etc. They infect the... Continue