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,...
New legislation impacting small business retirement plans could soon become law and affect you. The House of Representatives version, the Setting Every Community up for Retirement Enhancement Act of 2019 (SECURE), and the Senate version, the Retirement Enhancement and...
With Avengers: Endgame coming out on April 26th, conversations about the Avengers have heated up around the office. The other day, one of my staff asked me “which Avenger are you most like and why?” After thinking for a minute, I responded, “Nick Fury.” Looking at me...
As the final and most anticipated season of Game of Thrones is upon us, many fans find themselves reflecting on past seasons, seeking any possible hint to foreshadow who will end up sitting on the Iron Throne at the very end. Some fans have even gone as far as placing...
The New York State 2020 Budget has been announced, and its provisions have far-reaching ramifications on the general public and nonprofit organizations. While most headlines focus on congestion pricing tolls, infrastructure spending, the MTA, the plastic bag ban, and...
As business professionals, our reliance on technology has reached new heights. Companies continue to emphasize the implementation of paperless systems and increase their use of software systems, artificial intelligence for automated data entry, big data, and cloud...
Included as part of the 2017 tax reform bill the Tax Cuts and Jobs Act, Opportunity Zones present a new and potentially lucrative tax deferral strategies for certain taxpayers. Taxpayers have the potential to defer current capital gains, potentially eliminate a...
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...
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,...
