Simply Tax

Responding to the Unexpected #091


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The novel coronavirus disease 2019 (COVID-19) and the response to this pandemic have created an unprecedented, fast-moving and challenging environment. Join guest Chris Schumann and host Damien Martin for the first episode of a three-part series focused on helping you respond responsibly to COVID-19. We'll share practical advice and key action steps businesses and their owners can take to confront the unexpected business challenges of the current situation. Here's what's covered:

  • This situation is different @03:24
  • Cash is king @05:33
  • Don't overcomplicate it @08:08
  • Mistakes from the past @10:31
  • The people perspective @22:45
  • A lesson from 2008 on transparency @25:26
  • Inventory @28:03
  • Constant communication and reassurances @32:16
  • Impact on transactions and deals @36:40
  • Closing thoughts @39:01

GET MORE "SIMPLY TAX"

We're excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel.

A complete archive of our episodes is available on our website and YouTube playlist.

We'd love to hear from you! Email feedback and questions to [email protected].

Connect with Damien on social media!

LinkedIn | Twitter | Instagram | YouTube

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Simply TaxBy Damien R. Martin, CPA

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