ProVisors Thought Leadership

Believe it or not – it’s still tax season! Originally taxes were supposed to be due April 15, 2020. However, due to COVID-19, we have been given extra time to file federal income tax returns and make federal income tax payments. The new tax deadline has been extended to July 15, 2020. Before the new deadline arrives, it is important that your taxes are filed correctly and on time. In this blog, we will explain the basics you will need to know in order to help make filing your estate and trust tax returns in Riverside easier. What Documents Do…
Plan ahead, stay in control and avoid a crisis is our motto at About Senior Solutions. We’ve worked with so many families in emergent situations before now, and have sought to educate our friends, families and colleagues on the importance of planning and preparedness to meet unexpected challenges. A CPA friend asked me for something from our toolbox to better support his clients’ plans for aging over the long haul. So, over the past year – and in my spare time (I can hear your faint chuckles) – I pulled materials from my lectures and handouts and put this together…
Cultural Diversity – A Governance and Strategic Imperative In this video, Carol Marzouk, CEO of Leadership & Soul and Jim Gitney, CEO of Group50 Consulting discuss how cultural diversity improves business performance in the following areas: EPS, Valuation, Productivity, Innovation, Engagement, Cash Flow and Employee Health. Data suggests that companies with diverse cultures perform better than their peers in all categories by 20% or more. Carol and Jim share their views on how cultural diversity is a governance and strategic imperative that we all must be accountable to.…
*NEW EPISODE* On Episode 41 of Inside Divorce, Attorney Hindell S. Grossman speaks with Rochelle Seltzer, Creative Core Coach and author of Live Big: A Manifesto for a Creative Life. Rochelle coaches accomplished women who are stuck, figuring out what’s next, or navigating a major life transition — like divorce — to become powerful creators in their lives and live big. Rochelle and Hindell discuss what is means to be creative (there are more dimensions than people usually consider), and how everyone can create the future they dare to desire, one step at a time. Rochelle’s book, and gifts for…
Our most recent webinar hosted on June 24 featured PBO Advisory Group’s Francesca San Diego and Scott Palka providing an update on the Payroll Protection Plan loan forgiveness. (Please note – The information in this article is current as of June 16, 2020.) Changes made to the PPP provide more flexibility for using loan funds and extend the deadline for spending those funds – which is good news for businesses that received these loans. To date, 4.7 million loans have been made, with the average being $110,000. If your business has not yet applied or received a PPP loan, it’s…
If you’re considering using freelancers, you may be wondering just who is a 1099 worker. As a result of the rise of the gig economy – according to the DOL, one in ten workers today is an independent contractor – it’s a good idea to familiarize yourself with the term. That way, you’ll be in compliance if you opt to outsource some functions. 1099 Worker Defined A 1099 worker is one that is not considered an “employee.” Rather, this type of worker is usually referred to as a freelancer, independent contractor or other self-employed worker that completes particular jobs…
Everyone has been asked standard questions in an interview before. And that means job candidates can likely anticipate what you’ll ask and prepare rehearsed responses in advance. As a hiring manager, that usually translates into safe answers, meaning, those that don’t reveal too much insight into the applicant and whether they’d be a fit. That’s why many employers are turning to unconventional questions designed to show a bit more of a potential employee’s personality, how they think, and their ability to problem-solve, which can all be critical to how they’ll perform on the job. Here are some topics to try…
In this article, Attorney Hindell Grossman (Owner and Founder of the family law firm Grossman & Associates, Ltd.) writes about procedural changes in the court system that have been caused by the COVID-19 pandemic.  She also gives practical advice for people navigating divorce during COVID-19. https://belmont.wickedlocal.com/news/20200515/inside-divorce-massachusetts-divorces-in-time-of-coronavirus For more information about Grossman & Associates, Ltd. (located in Newton, MA): Website: grossmanltd.com/ LinkedIn: www.linkedin.com/in/hindell-grossman-30a69211/ Instagram: www.instagram.com/grossmanltd/  …
According to Medicare Advantage, “Senior isolation is one of the biggest threats to the health of America’s seniors, while it remains among the most difficult to recognize. It’s a health risk not often discussed, but at least a quarter of seniors over 65 live with it.” Why Does Isolation for Seniors Occur? The main reasons that senior citizens become isolated are because their siblings and children live far away and/or their spouses and friends have passed away and can no longer help them. As they age, they may become less mobile, limiting their ability to see others and participate…
Rip currents are powerful currents of water moving away from shore. Even the strongest swimmers can be swept out to sea. If you are caught in a rip current, swim parallel to the shore until the current weakens, then swim in. Right now we are not in the ocean, but we are stuck in a current that is pushing us away from the safety of the shore. We are in an interesting time with this pandemic. Every industry and every business, big or small, are in the same uncharted waters. We are stuck and some are still moving in the…