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The past month or so – and in particular the last week
– all of us have experienced some very wild changes,
volatility and surprises. With respect to COVID-19, we’ve
unfortunately witnessed some of the selfish sides of society with
greed, hoarding and irrational behaviour.
In today’s era of non-stop news (that favours drama and
opinions over facts) and social media (that provides continuous
dopamine hits to our brains with people seeking “likes”,
and increasing their “number of engagements”), the
ability to filter the truth can be difficult. The barrage of
constant information can easily lead to fear amongst our
population, especially when dramatic responses like we are seeing
If you are like me, your inbox has been littered with messages
from virtually every single industry that tells the reader what
their particular business is doing to deal with the COVID-19 health
crisis. But that’s not what our short message is about. Having
said that, suffice it to say that here at Moodys Tax, we’re
keeping things simple: we’re taking all of the usual and extra
precautions and following the advice of medical authorities.
In addition to our commitment to keeping everyone safe,
here’s what we’re really trying to do: provide calm and
rational leadership in the face of fear by deploying the following
- As stated above, we are following the
advice of our medical/health authorities and encourage people to do
- Many of us are turning off non-stop
news channels, “disliking” fear mongering
“news” stories and disengaging from social media.
We’re not doing this to “put our head in the sand”
but instead we prefer to receive our information from credible
sources and not contribute to the pandemic of fear;
- We’re ensuring that our
teammates, friends, community members and, of course, our clients
to remain calm and look out for their loved ones by spreading
- We’re going out of our way to
support local businesses. Now, more than ever, they need your help;
- Like usual, being “ear” for
you. In other words, would you like to chat? We’d like to
listen…about anything. Our ears are wide open.
Our firm’s vision—Transforming Tax Services by
Making Complexity Irrelevant—seems even more
relevant in light of all of the complexity that society and people
are facing today. Accordingly, our firm is committed to do our part
to reduce complexity and bring back all the benefits that calmness
and rational thought can provide.
As Winston Churchill, one of the greatest leaders of the
20th century stated: “Your greatest fears are
created by your imagination. Don’t give in to them.”
In the days, weeks and months ahead, let’s all do our part
to emphasize the positives that we will undoubtedly witness out of
these challenging times.
Moodys Gartner Tax Law is only about tax. It is
not an add-on service, it is our singular focus. Our Canadian and
US lawyers and Chartered Accountants work together to develop
effective tax strategies that get results, for individuals and
corporate clients with interests in Canada, the US or both. Our
strengths lie in Canadian and US cross-border tax advisory
services, estateplanning, and tax litigation/dispute resolution. We
identify areas of risk and opportunity, and create plans that yield
the right balance of protection, optimization and compliance for
each of our clients’ special circumstances.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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