New York State’s New Paid Sick Leave Law Goes Into Effect September 30, 2020

New York State will soon require all employers to provide sick leave to employees. The New York State Sick Leave (NYSSL) law goes into effect September 30, 2020, but employees are not entitled to use NYSSL until January 1, 2021. Other key points of the new law include: The amount of NYSSL employees will be entitled to More

New PPP Loan Forgiveness Form Now Available, Including EZ Form

On June 17th, the Small Business Administration (SBA) released a revised, and hopefully a final, forgiveness application for the Paycheck Protection Program (PPP), including a new EZ application that appears many business owners may qualify for. Also, just the day before, the SBA issued a new Final Interim Rule with guidance for determining payroll costs and More

Changes in the Paycheck Protection Program Will Help Businesses

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

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

IRS Unveils New “People First” Initiative

R-2020-59, March 25, 2020 WASHINGTON — To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions. “The IRS is taking extraordinary steps to help the More