In an era where corporate transparency and accountability are paramount, the Corporate Transparency Act (CTA) stands as a significant milestone in the United States’ efforts to combat money laundering, corruption, and illicit financial activities. Enacted in January...
On January 21, 2022, The Federal Deposit Insurance Corporation (FDIC) adopted a new deposit insurance rule for “trust accounts” and mortgage servicing accounts that makes it easier to understand. These rules will go into effect April 1, 2024. The highlights of the new...
Is anyone else tired of the accounting regulations constantly changing? In the past few years, we’ve had to deal with an overhaul of revenue recognition rules, “clarifying” (confusing) defined benefit plan pronouncements, enhanced disclosure requirements for many...
Escalating utility costs, generous incentives and an increased need for more sustainable energy sources have created a robust renewable energy industry in New York. While the best renewable energy plan for your business should be tailored to meet your individual needs...
Celebrate Cerini & Associates, LLP's 30th Anniversary with Ken Cerini, Founder & Managing Partner! Today, we celebrate a milestone: the 30th Anniversary of Cerini & Associates, LLP. From a humble garage start-up to a leading firm with seven partners and...
Enacted as part of the CARES Act in April 2020 and expanded as part of the Taxpayer Certainty and Disaster Tax Relief Act, American Rescue Plan Act (ARPA) and the Infrastructure Investment and Jobs Act, the Employee Retention Tax Credit (ERC or ERTC) has been a...
In an effort to support the economic recovery and revitalization of businesses in New York State, Governor Kathy Hochul announced the launch of the New York Forward Loan Fund 2. This program allocates $150 million to provide flexible loans to eligible businesses for...
When was the last time your organization evaluated its accounting software… or maybe you are a start-up, keeping track of your organization’s finances on excel or even paper ledgers and now it is time to upgrade to a more sophisticated system. Many organizations tend...
June 2023 Cerini Connection Topic: Artificial Intelligence and How to Leverage it Join Edward McWilliams and guest Paul Trapani of LISTnet for our monthly webinar series helping businesses and nonprofits! This discussion will answer: Is artificial intelligence really...
