Accounting Updates

2020 Financial Accounting Standards Board (FASB) Update

The Financial Accounting Standards Board (FASB) recently issued revised implementation dates for two major accounting standards changes. These major changes will undoubtedly bring challenges to private companies, smaller public companies, and nonprofit organizations...

2019 COLA Information

OPWDD has released its 2019 Cost of Living Adjustment (COLA) for monthly SSI amounts that individuals with disabilities may be eligible to receive. Please view the PDFs below illustrating the adjustments that will go into effect as of January 1, 2019. They will be...

The 10 Biggest Changes Business Owners Need to Know about the 2018 Tax Reform

One of the biggest questions that many business owners face heading into the end of 2018 is how will the Tax Cuts and Jobs Act (TCJA) impact their 2018 tax returns. The bill was passed in late 2017 and many of the changes were effective January 1, 2018; however, many...

Securing Communities Against Hate Crimes (SCAHC) Grant Program

Governor Cuomo recently announced that the $10 million Securing Communities Against Hate Crimes (SCAHC) grant program is now accepting applications to help protect New York's non-public schools, day care centers, non-profit cultural museums, cultural centers, and...

Trick or Treat – Letters From Taxing Authorities

One of the scariest experiences for taxpayers can be correspondence from the IRS or other taxing authorities. The mere sight of one of these official letters can turn even the most experienced taxpayer or business owner white as a ghost from fear. Not all letters from...

Session Days Update

With any State instruction, clarification is needed, so it should come as no surprise that the minimum instruction requirement for State Aid is still being discussed. Let’s address the clarification requested during the public comment period following the April 2018...

Guest Article: Going to the Cloud

Looking to reduce the risk of disruptions in computer operations and reduce costs? Virtualizing your data center may provide the answer. With the 2% tax-cap and the cost of computer equipment replacement costs, schools are faced with a real challenge finding funds to...

Reducing the Risk of Ransomware Attacks

Pretty much every day, there is a news report about a company’s computer system being hacked. The hackers often request large sums of money (usually in bitcoin) in order for the company to unlock its system. For some, paying the ransomware may seem more economically...

Janus Ruling

School districts need to reconsider how payroll deductions for union dues and agency fees are handled in light of the U.S. Supreme Court’s decision in Janus v. American Federation of State, County, and Municipal Employees (AFSCME) Council 31. Before the court’s...

Substitute Teacher – High Demand, Low Supply

Many schools across the country are experiencing difficulties getting substitute teachers, and Long Island is not exempt from this problem. Substitute teaching is often not a steady job; it is coupled with low pay, and more often than not, no health benefits. The pool...
2020 Financial Accounting Standards Board (FASB) Update

2020 Financial Accounting Standards Board (FASB) Update

The Financial Accounting Standards Board (FASB) recently issued revised implementation dates for two major accounting standards changes. These major changes will undoubtedly bring challenges to private companies, smaller public companies, and nonprofit organizations...

read more
2019 COLA Information

2019 COLA Information

OPWDD has released its 2019 Cost of Living Adjustment (COLA) for monthly SSI amounts that individuals with disabilities may be eligible to receive. Please view the PDFs below illustrating the adjustments that will go into effect as of January 1, 2019. They will be...

read more
Trick or Treat – Letters From Taxing Authorities

Trick or Treat – Letters From Taxing Authorities

One of the scariest experiences for taxpayers can be correspondence from the IRS or other taxing authorities. The mere sight of one of these official letters can turn even the most experienced taxpayer or business owner white as a ghost from fear. Not all letters from...

read more
Session Days Update

Session Days Update

With any State instruction, clarification is needed, so it should come as no surprise that the minimum instruction requirement for State Aid is still being discussed. Let’s address the clarification requested during the public comment period following the April 2018...

read more
Guest Article: Going to the Cloud

Guest Article: Going to the Cloud

Looking to reduce the risk of disruptions in computer operations and reduce costs? Virtualizing your data center may provide the answer. With the 2% tax-cap and the cost of computer equipment replacement costs, schools are faced with a real challenge finding funds to...

read more
Reducing the Risk of Ransomware Attacks

Reducing the Risk of Ransomware Attacks

Pretty much every day, there is a news report about a company’s computer system being hacked. The hackers often request large sums of money (usually in bitcoin) in order for the company to unlock its system. For some, paying the ransomware may seem more economically...

read more
Janus Ruling

Janus Ruling

School districts need to reconsider how payroll deductions for union dues and agency fees are handled in light of the U.S. Supreme Court’s decision in Janus v. American Federation of State, County, and Municipal Employees (AFSCME) Council 31. Before the court’s...

read more