jim@jamesotaylor.com
>

Blog


  • Tips for Retiring in the Next 10 Years

    Posted Date September 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 4 min readThe stock market continues to perform with relative resilience, despite the current economic decline. But to be clear, without 100 percent participation in the economy – in terms of small business job creation, consumer spending, and company growth and expansion – the stock market is apt to reposition prices to reflect slower growth. With no containment or control of the pandemic on the horizon, there is plenty of uncertainty associated with future financial planning. Anyone looking to retire in the next 10 years or so may want to take a fresh look at their current retirement... View Article

  • R&D Tax Credits May be Part of the Next Tax Relief Bill

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 3 min readAs the economic impact of COVID-19 lingers and an impending second wave is on everyone’s mind, Congress is already thinking of new legislation to stimulate the economy. One of the ideas on the top of the list is an expansion of the Research and Development (R&D) tax credit as part of the next COVID-19 relief bill. Proposals for the R&D Tax Credit There are numerous proposals for changing the R&D tax credits. It is seen as an investment in the U.S. economy, with some believing the credit is an effective tool to combat offshoring. Some of... View Article

  • IRS Gears Up for Aggressive Enforcement

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 2 min readRecently, the IRS Commissioner testified before the Senate Finance Committee, sending the message that the IRS is committed to catching intentional tax evaders. There was no ambiguity in the message of his testimony to Congress; he noted that under his watch, the IRS will aggressively pursue those purposely evading their tax obligations with civil and criminal enforcement. The commissioner made sure to mention that those who were not defrauding the system intentionally had nothing to worry about; they are not the target of stepped-up enforcement. The IRS will be targeting five major enforcement initiatives: Technology – The... View Article

  • Help for People Struggling to Pay Bills

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 3 min readThe impact of COVID-19 has caused many Americans to suffer hardships, one of which is struggling to make ends meet. But take heart; there are solutions. Here are a few areas in which creditors are working with people to alleviate some of the stress. Mortgages Fortunately, the Coronavirus Aid, Relief, and Economic Security Act, allows for mortgage forbearance, which if you’re financially compromised because of COVID-19, you can temporarily suspend payments. Also, the Federal Housing Finance Agency is allowing mortgage servicers to permit homeowners to delay payments if the notes are backed federally or by a... View Article

  • Relief and Funding for Human Rights, Emergency Aid, Cash-Flow Assistance and New Infrastructure Projects

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 3 min readLaw Enforcement Suicide Data Collection Act (S 2746) – This bill authorizes the establishment of a new Law Enforcement Officers Suicide Data Collection Program to be administered by the FBI. The program will gather data related to suicides and attempted suicides of current and former officers, as well as the wrongful detainment of U.S. nationals abroad. The purpose of the Act is to help understand and prevent law enforcement suicides. The bill was introduced by Sen. Catherine Cortez Masto (D-NV) on Oct. 30, 2019. It was passed by the House and the Senate in May and... View Article

  • Borrowing From Your Retirement Plan: New CARES Act Rules

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 4 min readIt’s been nearly half a year since Americans first became widely aware of the coronavirus contagion within the United States. While for a brief month it looked as if we had the virus in hand, since then it has spread wildly out of control in many areas. People who did not suffer dramatic financial consequences in the early stages of the pandemic could see some hard days ahead. For this reason, it’s a good idea to become familiar with the new relaxed rules associated with withdrawals from tax-advantaged retirement plans. In late March, Congress passed the... View Article

  • How to Develop a Sanitation Plan for Employee and Customer Safety

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 3 min readAs part of a comprehensive strategy to cope with COVID-19 and reduce the risk of spreading it, developing a sanitation plan is a necessary tool that businesses can implement during the reopening process. The Centers for Disease Control and Prevention recommends a thorough approach for cleaning and disinfecting. The first thing to do to reduce the amount of COVID-19 virus on exterior surfaces and items handled by individuals is to wash them with soap and water. When it comes to items handled by many individuals, using appropriate disinfectants approved by the Environmental Protect Agency that contains... View Article

  • Robotics Carves Out Niche in Various Businesses

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 4 min readAway from the movies, robots are becoming a reality in everyday life. Robots have played a major role in manufacturing industries to perform basic tasks that are either dangerous or laborious for humans. As technology becomes relatively cheaper – through the availability of components such as processors, sensors, batteries, and cameras – robots are now making an entrance in industries apart from manufacturing, such as in marketing, inventory, telecommunications, and entertainment. Why Robotics in Business? To avoid confusion, it’s important to mention at this point that robotics often refers to software configured to carry out tasks... View Article

  • How to Develop an Employee Leave Policy During COVID-19

    Posted Date August 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 5 min readAccording to the United States Department of Labor’s Wage and Hour Division, the Families First Coronavirus Response Act addresses how select businesses must give their workers paid sick leave or expanded family and medical leave under permitted circumstances in light of COVID-19. Effective starting April 1, 2020, the following will be in effect through Dec. 31, 2020. 1. If the worker cannot perform his duties because he is relegated to a quarantine, as mandated by a medical professional or a local, state or federal government, or if he is symptomatic with COVID-19 and seeking a diagnosis... View Article

  • Fileless Malware Poses New Threat to Computer Users

    Posted Date July 1, 2020 Posted Time 12:00 am Published in

    🖨 Print⏱ 4 min readWith increased cyber threats, there is great awareness of malware that comes attached in files.  Individuals and businesses invest in security solutions to protect against malware. In fact, there are often company policies regarding opening attachments on emails; yet there is an increase in a type of threat (though not new), known as the fileless malware. What is Fileless Malware? A fileless malware attack is a type of threat that doesn’t involve executable files. Instead, these attacks include scripts that run on browsers, command prompts, Windows PowerShell, Windows Management Instrumentation, VBScripts, or Linux (Python, PERL). In... View Article

Recent Comments

     

    Copyrights @ 2026 James O. Taylor