Long Island Business

Guest Article: What is a Captive?

What is a Captive? A captive insurance company is a property and casualty insurance company that is established to provide coverage primarily to a Parent Operating Company. Captives are an effective risk management strategy to insure against risks for which commercial...

Guest Article: How Fleet Tracking Software Reduce Costs and Drive Productivity

If your company relies on a mobile workforce of drivers and a fleet of vehicles, it is crucial to instantly have the most detailed reporting available to keep your organization operating at peak efficiency, maximizing your competitive edge. With the power of GPS...

R&D Payroll Tax Credit

With the passage of the Protecting Americans from Tax Hikes Act of 2015, hereinafter the PATH Act, many parts of the tax law were changed. Most notably, the PATH Act made section 179 expensing permanent, changed numerous depreciation provisions, and delayed the...

Does Your Work Environment Help or Harm You?

Employers are constantly in pursuit of discovering new innovative ways to increase productivity and profits. While many potential methods exist to achieve amplified profits, one attention-grabbing technique is to improve the quality of environmental conditions in...

Motivate Your Employees During the Dog Days of Summer

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...

Newsday: The Boss’ Downtime

Ken was featured in Newsday on Sunday, July 30, 2017, because of his extraordinary hobby. Click the image below to check out the article!

Smart Phone, iPhone; Smart Form, I-9?

It’s official! On January 22, 2017, paperwork took a change. For better or worse you ask? Well you decide. The United States Citizenship and Immigration Services (USCIS) has caught up with technology (in some sense) and smart-ified the Form I-9 (the Employment...

S Corporations and Transactions with Shareholders & ESOPs

On June 13, 2017, the U.S. Tax Court reached a decision of first impression on the relationship between an Employee Stock Ownership Plan (ESOP), its employees, and the corporation. The case conclusion was that the participants of the ESOP (the employees) are...

Lead Your Business Like a King or Khaleesi

**SPOILER ALERT: If you haven’t seen Season 6 of Game of Thrones yet, you may not want to read ahead.** Eventually, Eddard Stark was bound to be correct. Winter is here. Everything is on the line. You have stared into the abyss, and you see that war and annihilation...

New York’s New Family Paid Leave

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...
Employee Scheduling Regulations

Employee Scheduling Regulations

The Department of Labor has filed proposed rules to adjust the employee scheduling regulations to benefit employees for their “Just-In-Time,” “Call-In,” or “On-Call” scheduling. The full list of proposed changes to the regulations were posted November 22, 2017 in the...

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Ken Cerini in HIA-LI Newspaper: The Reporter

Ken Cerini in HIA-LI Newspaper: The Reporter

HIA-LI CEO BRIEF Featuring Kenneth Cerini, CPA, CFP of Cerini & Associates, LLP Tell us about how you/your company started. Back in 1993, I gave notice to the managing partner of the Long Island office of Ernst & Young and started C&A out of my converted...

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Our Early Thoughts on the Senate Tax Cuts and Jobs Act

Our Early Thoughts on the Senate Tax Cuts and Jobs Act

Following the House Ways and Means Committee release of their draft and markup of the Tax Cuts and Jobs Act (TCJA), the Senate Finance Committee released its bill on Thursday, November 9th. Like the House bill before it, the initial release called for substantive...

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NYS Cemetery Reminder: Annual Report Revisions and Updates

NYS Cemetery Reminder: Annual Report Revisions and Updates

The New York State Division of Cemeteries released a revised annual financial report form this year for regulated cemeteries to complete. It is a requirement for all cemeteries to fill out this form, including cemeteries that submit audited or reviewed financial...

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Our Early Thoughts on the Tax Cuts and Jobs Act

Our Early Thoughts on the Tax Cuts and Jobs Act

Finally, after months of fanfare, blueprints, and endless requests from our Managing Partner Ken Cerini to put out content on what a potential Republican tax plan would mean for our clients, last week the House Ways and Means Committee released the “Tax Cuts and Jobs...

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Are You Ripping Off Your Employees?

Are You Ripping Off Your Employees?

As Plan Sponsors, we rely on investment platforms offered by registered investment companies to gear our employees towards safe retirement. As employees, we place trust in our employers to act with the prudence that their fiduciary title commands. But, can we place...

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CEO Nightmares

CEO Nightmares

“Uneasy lies the head that wears a crown.” If you’re a business owner, chances are you’ve had your fair-share of sleepless nights, worrying and wondering about what may be lurking in the shadows, ready to derail your fortunes. In keeping with the spirit of the season,...

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