A few years ago, I worked on a case, where one shareholder was buying out her partner of over 30 years. The two of them, who were best friends when they started the business, had a falling-out, which made the buy-out very difficult. While they had a shareholder...
The landscape that special education providers have been operating in continues to be a difficult one. The rate-setting unit has yet again undergone leadership change with Tracey Coleman taking over the helm in place of Hal Matott and Brian Zawistowski being promoted...
If you have a pension plan, you have a fiduciary responsibility to ensure that your plan is compliant with regulations. You also have a responsibility to your employees, to help them to maximize their benefit under the plan. In order to meet these responsibilities,...
There seems to be a lot happening at SED. From a leadership perspective, Hal Matott is no longer head of the rate setting unit; Phyllis Morris has taken over the reins of the unit. From a rate perspective, the new methodology is due out sometime in April from SED. The...
Managed care is coming. What it will exactly look like, or how it will impact the nonprofit sector isn’t clear yet. Managed care will most likely result in significant consolidation among OPWDD, OASAS, and OMH providers. The problem is unlike other areas of...
There used to be a time when profit was the only driving force for a business; as corporations would try to squeeze every bit of profitability out of operations, regardless of the impact it had on the community or the world. The internet has made mass communication so...
On December 22, 2018, the government shutdown began, and we’ve since heard a lot about the effect this is having on federal workers, airports, and national parks among other things. But there hasn’t been a lot of discussion about the ramifications the shutdown is...
December was a tough month for the stock market, with major declines in the market. While many investors experienced losses, others mitigated those losses by harvesting their loses to lock in the tax deduction. The strategy involves selling an investment at a loss,...
FOR IMMEDIATE RELEASE Cerini & Associates, LLP Strengthens its Practice Appointing Shari Diamond to Partner, Multiple Promotions and New Hires                    January 25, 2019 – Bohemia, NY – Cerini & Associates, LLP, a leading audit, tax, and business...
