About one million Americans file for personal bankruptcy each year, with one in 10 households having filed at some point. Given the loss of jobs, reduced income and the coronavirus recession in 2020, those numbers could increase this year if the economic recovery is not both swift and omnipresent. There are two main types of …
As our country braces for a challenging winter, the impact of the Covid-19 Pandemic continues to be felt. One of the main areas that many working families have had to adjust to is caring for loved ones due to closures of schools, daycares, and other facilities. As a member of the Professional Services Team at …
The Impact of the Families First Coronavirus Response Act (“FFCRA”) Read More »
Economists are predicting that 58 percent of unemployed workers who were laid off as a result of COVID-19 lockdowns are likely to return to their old jobs, according to the Brookings Institution. But with the majority of laid-off workers facing an uncertain employment future, the question remains of how workers and employers will transition into …
With COVID-19 still requiring remote working, companies that effectively onboard new workers retain their workers longer, have better work performance and increase their profits by almost 100 percent, according to the U.S. Chamber of Commerce. However, there are many considerations that companies should take during this important process of how to onboard and train employees …
How to Effectively Onboard and Train Employees Virtually Read More »
By the end of September, the nation had recorded over a quarter-million cases of COVID-19 and nearly 60,000 deaths in nursing homes that were attributed to the disease. The recent pandemic offers yet another reason why more than 90 percent of seniors say they want to grow old in their homes with elder care rather …
A Realistic Picture: Will You Be Able to Afford In-Home Elder Care? Read More »
With COVID, there’s a good chance that you are working from home. For example, in May the Dallas Federal Reserve reported that approximately 35 percent of U.S. employees worked from home full-time, with almost 72 percent of those who were able to work from home choosing to do so. Working from home is likely the …
It is no secret that many businesses are struggling during these challenging times. With so much uncertainty about when employees can fully return to work, whether or not customers will be able to pay the bill, and how long the cash reserves will last, many businesses have taken steps to cut costs and find areas …
Assess and Adapt: 5 Tips for Increasing Efficiency in Professional Services Firms Read More »
Joyce Smith, CPA, is a member of the Professional Services Team, as well as the Partner in charge of our Senior Care Financial Services. Our Senior Care Financial Services strive to provide aging clients with a unique blend of financial related services combined with a personal touch. Our goal at Strothman and Company is to …
The Covid-19 Pandemic is something that our country has not seen since the Spanish Flu, over one hundred years ago. It has impacted our society in numerous ways from schools and churches to small businesses and entrepreneurs. As a member of the Professional Services Team at Strothman & Company, I wanted to take a look …
How Health Care Leaders Are Surviving the Pandemic Read More »
