One of the most drastic changes in the Tax Cuts and Jobs Act was a reduction in the Federal Corporate Income Tax Rate from 35% to 21%. This change, in turn, has many business taxpayers currently organized as an S Corporation or an LLC (and thereby subject to...
FOR IMMEDIATE RELEASE Cerini & Associates, LLP Announces Multiple Promotions and New Hires February 26, 2018 – Bohemia, NY – Cerini & Associates, LLP, Certified Public Accountants, today announces multiple promotions and new hires to further its commitment to...
During the winter, when it’s cold and dark, people don’t mind being indoors and getting work done, but in the summer, when the weather and the sunshine are calling, how do you keep your employees motivated and focused? I don’t know about you, but during the summer, I...
Effective January 1, 2018, New York State employers will be required to provide their employees with eight weeks of Paid Family Leave (PFL). This applies to all private employers (public employers are exempt). PFL is a wage replacement program fully funded by the...
Reflecting after this Father’s Day, a few of the staff at Cerini & Associates have collated some of their favorite and inspirational quotes, lessons, and tidbits from their fathers. As the old adage goes, “Father knows best.” Or perhaps “the apple does not fall...
The majority of accountants available for hire are generalists. On a typical accountant’s client list you may find a few contractors, real estate holding entities, retailers, a couple of non-profits, a manufacturer or two, and a smattering of other eclectic tax...
If you haven’t heard, congress just passed a bill to allow companies like Comcast, Verizon, AT&T, and so on to now collect your internet data, and sell it off for a profit. The obvious question here is, why does it matter? We are constantly being targeted with ads...
If you didn’t file your individual tax return yet, don’t worry! The deadline to file this year is actually Tuesday, April 18th aka “Tax Day.” According to the IRS, 20-25% of taxpayers wait the last two weeks. If you waited this long to file, it’s usually because you...
Bring on the madness! It’s that time of the year where college basketball holds a tournament to crown their champion. Along the way, there will be buzzer beaters, exuberant celebrations, tears of defeat, and one team left cutting down the nets. Millions of Americans...
