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Here are your Articles for June 12, 2020.

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Tax Tips for Individuals Who Haven’t Filed a Return for 2019

The COVID-19 crisis first hit in the United States not too long before this year’s Tax Day. To alleviate stress on individual taxpayers, the IRS delayed several key deadlines — including the deadlines for paying your 2019 tax bill and filing your 2019 personal tax return — from April 15 to July 15. If you haven’t yet filed Form 1040 for last year, consider these last-minute tax planning moves to help lower your 2019 tax liability.

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Managing Your Business through a Crisis: 6 Steps to Success

Thinking through, in advance, the steps you would take in a crisis can go a long way to diffuse an otherwise disastrous situation, though it would’ve been hard to predict the impact of the coronavirus (COVID-19). If you now have time on your hands, ask yourself some questions with an eye to the future. How will your company’s leaders  manage in the face of a threat? Would your staff panic or would they know what to do? Here’s a look at what some giants of commerce have done.

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Take a 360-Degree Approach to Business Continuity Planning

Decades ago, business continuity planning focused mainly on the sudden loss of a business owner or perhaps a natural disaster. Today’s continuity plans must take a 360-degree approach to staying operational. This article addresses key aspects of such a plan. A sidebar offers four steps to handling a server breach.

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Consider Hosting a Family Meeting about Your Estate Plan

You’ve spent years building your business and net worth. As you plan your estate, you may want to keep the details private. However, it might be better to share information with family members. You can do this by gathering your heirs together. These meetings are reminiscent of Scottish clan gatherings held hundreds of years ago. This article explains.

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