The U.S. Senate passed the House version of Paycheck Protection Program (PPP) legislation on June 3rd, tripling the time allotted for small businesses and other PPP loan recipients to spend the funds and still qualify for forgiveness of the loans. Following is a summary of the legislation’s main points compiled by the AICPA: Current PPP More
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Online Client Portals Are Now Available
We are happy to provide our services to our clients during these rapidly changing times. The health and safety of our clients and our staff are uppermost in our minds. We are happy to announce that we have added another secure, contact-free way to submit financial information to us. Client Portals are now available to More
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