Hopkins Wealth Management Group

We have been getting a lot of inquiries about the PPP reporting. This is a really helpful and brief video to walk you through the process. As always, if you need more assistance, give us a call. Enjoy the Independence Day Celebration!! https://www.youtube.com/watch?v=Qye5Go8hqo8

What a way to start the week! I had the privilege of being on a Zoom call with Dr. Art Laffer! What a brilliant man. Charts, graphs, trends. Geek out!

It’s been an interesting time. If You would have told me four months ago I would welcome someone in the office dressed in all black wearing a face mask and wanting to ask for money I would have told you we would call the police. Today we offer hand sanitizer, complimentary face masks, a sanitized work area and complimentary pens. Odd times. Remain calm and sane.

A day late, we celebrated Tamrin’s birthday (29 ) and had to stay in the office for the festivities.

Greetings friends. It goes without saying we are experiencing some unprecedented times. For my business owner friends in Orange County, California (and I am sure more counties to follow) the link below is a list of compliance guidelines from the Orange County Operational Area Emergency Operations Center related to business that are to send employees home and employers that are part of "Essential Services". As a business owner please review very carefully. We are hear to answer phones (perhaps remotely) and assist in compliance with legally mandated activities. May common sense prevail. Be safe. https://cms.ocgov.com/civicax/filebank/blobdload.aspx

An update from the commercial real estate industries perspective. Five economic trends for 2020. https://www.lee-associates.com//2020.03-Five-Economic-Tren

This is a step in the right direction. https://www.fee.org//california-pumps-the-brakes-on-anti-/

Wise words. I was at a seminar recently related to using the English language. How differently do these two statements sound; 1. I disagree with you. 2. I don’t see it that way. Chose your words carefully.

We had a great team meeting today to discuss strategy and goals for 2020 and finished with a de briefing meeting. Happy New Year!

Life is too short to work with the south end of a north facing horse Greg Opitz

An interesting article related to job growth and where those jobs will be. Do you find it odd the shift is away from the L.A. and New York markets? https://www.forbes.com//12/10/where-the-jobs-will-be-in-2/

There was no way this type of report was going to get the market nervous about recession risks or inflation. It’s a win for both the stock and bond market. Said Joseph LaVorgna, chief economist for the Americas at French bank Natixis in New York.

For my business owner and landlord friends there are a couple of new hot buttons in Sacramento. Let’s hope for common sense and clarity.

Running a small business is difficult and AB5 is going to make it even more difficult. This is going to impact many small businesses. It is my sincere hope this one gets repealed.

Nothing like waiting until the last minute; IRS releases mileage rates for 2020 (12-31-19) Beginning on January 1, 2020, the standard mileage rates for the use of a car (including vans and pickups or panel trucks) will be:... 57.5 cents per mile driven for business use, down one half cent from the rate for 2019; 17 cents per mile driven for medical or moving purposes, down three cents from the rate for 2019; and 14 cents per mile driven in service of charitable organizations, unchanged from 2019. (IR-2019-215) Note: Under the TCJA, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee automobile expenses. Only members of the Armed Forces on active duty moving under orders to a permanent change of station may claim a moving expense. (Rev. Proc. 2019-46) Happy New Year!