What is Coronavirus?

COVID-19 is a novel coronavirus causing the World Health Organization (WHO) to classify this outbreak as a pandemic on March 11, 2020. Symptoms include fever, cough, and shortness of breath. Anyone experiencing emergency signs such as difficulty breathing, persistent pain or pressure in the chest, new confusion or bluish lips or face should immediately seek medical attention.

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What You Should Know

Older adults and people who have severe underlying chronic medical conditions like heart or lung disease or diabetes seem to be at higher risk for developing more serious complications from COVID-19 illness. The virus is thought to spread mainly from person-to-person and the best way to prevent illness is to avoid being exposed to this virus. The CDC urges citizens to monitor your health and practice social distancing. Social distancing means staying out of crowded places, avoiding group gatherings, and maintaining distance (approximately 6 feet) from others when possible.

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Coronavirus Articles

ALTA is producing a COVID-19 Update email that compiles the most important articles of the day. You can sign up to receive these updates.

Recent 2020

CDC Reverses Course on Testing Asymptomatic People for COVID-19, Again
NBC News  |  September 18, 2020

The Centers for Disease Control and Prevention on Friday changed its guidance again after an outcry from public health officials, saying asymptomatic people who have come in contact with Covid-19 should be tested. The updated guidance aligns more closely with previous recommendations.

When to Stop Working From Home? How About Never, Workers Say
Bloomberg  |  September 18, 2020

A Wells Fargo/Gallup survey released Wednesday found 42% of 1,094 workers surveyed in August had a positive view of working remotely, versus 14% who viewed it negatively. Almost a third of the 1,200 U.S. office workers surveyed by consultancy PricewaterhouseCoopers in June said they’d prefer to never go back to the office, while 72% said they’d like to work away from the office at least two days a week.

Enough People Have to Take a COVID-19 Vaccine for it to be Efficient, Fauci Says
CNN  |  September 17, 2020

If too few Americans get a COVID-19 vaccine when it becomes available, it won't help reduce the spread of the deadly virus, the nation's top infectious disease official said. Dr. Anthony Fauci addressed the risks of if not enough people take the vaccine. Even a third of Americans getting vaccinated against the coronavirus won't be enough, the director of the National Institute of Allergy and Infectious Diseases said.

How Millennials’ Financial Futures Have Been Impacted by Pandemic Unemployment
CNBC  |  September 17, 2020

Millennials, who are currently between the ages of 24 and 38, may be the group hit hardest by the economic turmoil of the pandemic. According to Pew Research Center, 35% of Americans between ages 18 and 29, and 30% of those between ages 30 and 49 say they, or someone in their household, has lost their job. Data from the Bureau of Labor Statistics also indicates that among those who are unemployed, millennials are facing longer stretches of joblessness. 

Can Remote Work Lead to Double Taxation?
FOX Business  |  September 17, 2020

Remote working during the coronavirus pandemic could cause some new scenarios for employees when they file their 2020 tax returns next year – including a situation where some may be taxed twice. In specific cases, a remote worker’s resident state may not provide a credit for taxes assessed in the employer’s state because the income is actually earned in the state of residence.