For a nonprofit organization, a board member can either be a valuable resource or a tremendous distraction. Effective board members can add to organizational effectiveness, infusing keen insight and ideas into the organization’s operations. Conversely, ineffective...
Empowering Workers: Department of Labor’s New Overtime Rule Benefits 4.3 Million Americans
The U.S. Department of Labor has made a significant move with its latest final rule, which revamps regulations concerning overtime pay eligibility. This change is poised to impact the lives of millions of American workers, addressing long-standing concerns and modernizing labor standards. Let’s delve into why this development is crucial and how it will affect both employees and employers.
FOR IMMEDIATE RELEASE: Cerini & Associates, LLP Announces Key Promotions to Drive Continued Growth and Excellence
Cerini Connection: Creating an Impactful Website
Guest Article: How to Implement Your Business’s New CSR Program: 5 Steps
Cerini Connection: Pay Transparency & Retaining Employees
IRS Releases Tax Brackets and Other Key Limits for 2024
Cerini Connection: Automating Your Internal Functions
IRS to Pause Employee Retention Credit (ERC) Claims – What’s Next for the IRS and for Employers?
Risk Transfer & Understanding NYS Labor Laws with SterlingRisk
Join our webinar with seasoned insurance professionals Josh Weisberg and Michael Fleischer of SterlingRisk.
Benefits of an Automated AP Workflow – Business
New Nonprofit Impact Study Released by State Comptroller’s Office
Jul 29, 2019
Last week, the New York State Comptroller’s office issued a report focused on the New York State nonprofit sector, utilizing data from 2017, the most recent data available. The report provided the following hi-lights: Nonprofits provided over 1.4 million jobs,...
Guest Article: New Executive Order Addresses Healthcare Issues
Jul 23, 2019
On June 24th President Trump signed an Executive order directing Health and Human Services (HHS) to write rules within 3-6 months requiring Hospitals and Medical Providers to make their standard charges and negotiated pricing available in a consumer-friendly format....
Updated Health Reimbursement Arrangements 2019
Jul 11, 2019
On June 13, 2019, the Internal Revenue Service (IRS), Department of Labor and Department of Health and Human Services (HHS) issued a new regulation that is intended to increase the use of tax-favored health reimbursement arrangements (HRAs) as a means of expanding...
Shareholder Agreements
Jul 11, 2019
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...
Why Serve on a Nonprofit Board?
Jun 26, 2019
In today’s faced-paced business world, it’s challenging to find or make the time to serve our communities and give back. With thousands of nonprofit organizations existing on Long Island and in and around New York City, chances are you know someone who serves on a...
Hardship Withdrawals
May 23, 2019
401(k) retirement plans often have a feature to allow participants to take a hardship distribution. These distributions come with stricter rules and regulations that plan management must follow. These include distribution amounts can only be taken from the...
Picking Your Pension Plan Provisions
May 23, 2019
Developing a pension plan document can be a difficult undertaking. When creating a plan document, the plan sponsor must be aware of not only IRS and ERISA regulations, but also of keeping administrative costs low while providing maximum benefit to their employees....
Is Your Pension Plan Compliant?
May 23, 2019
They say that no good deed goes unpunished. You establish a pension plan to help your employees provide for their retirement, and in so doing, you create a potential minefield of regulatory booby traps and compliance trip wires that can wind up costing you extra money...