A good succession plan can help: Transfer ownership when the time comes Maintain your lifestyle in retirement Provide for your heirs financially Prepare the business to handle unexpected events A succession plan is very important because life happens and unless you...
As 2021 comes to an end, we reflect on the continued importance technology has played in our everyday personal and business lives. As the COVID-19 Pandemic still lingers and reshapes the way organizations think and respond, it has become ever so important to stay on...
While Governor Hochul vetoed the parity last night, she announced that the New York State Division of Budget (“DOB”) will authorize an additional cost of living adjustment of 11% for the 2022-23 year. With the vetoing of the parity bill special education schools will...
In 2018 the Federal Bureau of Investigation and the NYC Department of Investigation arrested eight service providers for Health Care fraud, as well as other felonies related to Fraud. Unfortunately, last month another case came to light involving nine therapists that...
Preschool special education providers have been seeking salary parity with school districts for years. The inability for 4410s and 4201s to pay their teachers appropriate compensation has resulted in a mass exodus from providers, especially in New York City, where...
As the past year has taught us, now more than ever, businesses need to be adaptable and able to change operations on a dime; finding new ways to be effective in remote environments and create operating efficiencies by automating ordinary day-to-day business functions....
In case you didn’t hear, the new CFR claiming manual and related software have been released. This is for CFRs for the year ended June 30, 2020. The NYS-issued CFR software is available for download on the CFRS Home Page. Due to the late release of the CFR software,...
2020 has been a relentless year of change so far for businesses across all industries. The abrupt “pause” in March experienced by New York businesses was rather disruptive, as no one expected a once in a century pandemic to shutdown day-to-day life not just locally...
As many providers are already aware the reporting of SEIT on the consolidated fiscal report (CFR) for the year ending June 30, 2020 has been updated. Now providers are required to break out individual (9135), groups of 2 (9140) and groups of 3 or more (9145) into...
