If you’re starting a business today, it’s a near certainty that you’ll need to accept credit and debit card payments. Whether it’s a brick and mortar, on the go, or the obvious e-commerce environment, more and more people are going cashless (that’s an entirely...
The COVID-19 pandemic has presented many challenges for nonprofits making it difficult for them to operate as they have in the past. During this time, especially throughout 2020, many nonprofits and their employees were not able to offer in person services. Instead,...
Twenty-twenty will always be known as the year that COVID put the world on pause. The impact of COVID persisted through 2021 and beyond and has forever changed how we think, act, and do business. To curb the impact of the pandemic, the federal and state governments...
1. Ongoing Hiring and Retention Issues Workers are continuing to leave their jobs at a higher-than-usual rate. As of October 2022, there were 10.3 million job openings in the United States. The gap between the number of people looking for work verse the open roles...
Ken Cerini was inducted in the Long Island Business News Hall of Fame. Listen to his incredibly inspirational success story above! Ken is the Managing Partner of Cerini & Associates, LLP and is the executive responsible for the administration of our not-for-profit...
Passed in 2017, the sweeping tax reform known as the Tax Cuts and Jobs Act (TCJA) was passed as part of the budget reconciliation process, which required that the reform not add to the deficit beyond ten years. Many of the reforms were considered to be “taxpayer...
It is the end of the calendar year and the holiday season which can mean for many employees their employer will be looking to reward a year of hard work with year-end bonuses. Both employees and employers can often be shocked and saddened when they see the net pay...
Segregation of duties is a commonly used and widely accepted internal control practice. It is the process of taking shared responsibilities of a key process and dispersing the critical functions of that process to more than one person or department. Implemented...
Edward McWilliams was quoted in Newsday. You can read the article on Newsday's website here or below: The U.S. Treasury Department has issued a final rule that would create a new database containing personal ownership information that an estimated 32 million small...
