January 2020

Congress Extends Disaster Tax Relief Act

On December 20, 2019 the “Taxpayer Certainty and Disaster Tax Relief Act of 2019” was signed into law. There are several provisions that may affect an individuals’ or employers’ taxes. For more information on any of these items please call our office at 518.636.5166 or email Rick. Exclusion from gross income of discharge of qualified More

New Law May Affect Your Tax and Retirement Planning

The SECURE Act (Setting Every Community Up for Retirement Enhancement Act) was signed into law in December 2019.  This landmark legislation may affect how you plan for your retirement. Many provisions of this law go into effect in 2020, which means now may be the time to consider how these new rules may affect your More

Employers- What You Should Know about the NYS Paid Family Leave Act

New York State’s Paid Family Leave Act provides wage replacement to employees to help them bond with a child, to care for a close relative with a serious health condition or to help families when someone is called to active military service. If the employers is required to provide disability insurance it is required to More

Employees-What You Should Know About the NYS Paid Family Leave Act

Starting last January 1, 2018, the NYS Paid Family Leave Act (PFLA) provides partial paid time off for private employees to: Bond with newly born, adopted or fostered children Care for family members with serious health conditions Assist loved ones when a family member is on active duty or has been notified of an impending More