Author Archive

Healthcare Worker Bonus Update

Aug 30, 2022 | Accounting Updates, Blog, Edward McWilliams, Healthcare, Ken Cerini, Long Island Business, Nonprofit, Private School

For those of you who filed for a Paycheck Protection Program (PPP) Loan, you remember the early days of the application process were marked by conflicting information, short deadlines, potential exposure, and more.   As time went by, the regulations loosened up and...

Inflation Reduction Act and the Increase in IRS Resources

Aug 29, 2022 | Accounting Updates, Blog, Edward McWilliams, Long Island Business

The Inflation Reduction Act was signed into law by President Biden on August 16, 2022.  The bill came as a surprise to many as it appeared somewhat out of nowhere after it was believed any legislation was politically dead.  We discussed the provisions of the act when...

Healthcare Worker Bonus Clarification

Aug 22, 2022 | Blog, Education, Edward McWilliams, Employee Matters, Home Page, Ken Cerini, News, Nonprofit, OASAS, OMH, OPWDD

On Friday, August 19, 2022, NYS did a townhall regarding the Healthcare Worker Bonus (HWB).  A recording of the webinar can be found here and a copy of the presentation from the NYS DOH can be found here.  There were several technical issues with the webinar which...

Grant Opportunity from the Department of Education

Aug 22, 2022 | Blog, Education

The U.S. Department of Education has released information regarding a grant to assist local education agencies (LEAs) who have been impacted by community violence. The grant, Project Prevent Grant Program, will award more than $6 million to LEAs to provide resources...

Tax Impacts of the Inflation Reduction Act of 2022

Jul 28, 2022 | Blog, Edward McWilliams, Long Island Business, Tax Tips with Ed

In what many political pundits are calling one of the most surprising and unlikely outcomes ever, Senators Schumer and Manchin have finalized negotiations on a new bill which would include several tax proposals.  The new bill, called the “Inflation Reduction Act of...