*Information as of August 17, 2022* Ken Cerini, Managing Partner and Edward McWilliams, Tax Partner of Cerini & Associates, LLP gave a background of the Healthcare Worker Bonus and answered participant questions. General Program Background:- Healthcare Worker...
Tax Impacts of the Inflation Reduction Act of 2022
Taxable vs Nontaxable Benefits – Cerini Short
Interest Assessment Surcharge – Cerini Short
NYS Unemployment Interest Assessment Surcharge Imposed for 2022
The New York State Department of Labor (DOL) has begun to mail out notices to employers in July 2022 called an Interest Assessment Surcharge (IAS), which will be used to cover the interest on these loans.
NYS COVID-19 Capital Costs Tax Credit Program
As part of the 2022-23 NYS Budget NYS included a new $250 million program called the “COVID-19 Capital Costs Tax Credit Program” designed to assist small businesses who incurred costs as part their response to the COVID-19 Pandemic. Details of this program were finally made clearer on June 28, 2022.
The Economic Crisis
Succession Planning
Energy Tax Credits
Guest Article: Building Your Bridge to Monetization™
IT and Cybersecurity Concerns – Cerini Short
Aug 16, 2022
IT and Cybersecurity Concerns Cerini Short In this Cerini Short, Shari Diamond, CIA, Partner explains the importance of cybersecurity and introduces our IT Guidebook.
Internal Controls – Cerini Short
Aug 12, 2022
Internal Controls Cerini Short In this Cerini Short, Nicholle Mezier, CPA, Manager explains Internal Controls. WHAT ARE INTERNAL CONTROLS? WHY DO WE NEED THEM? Internal controls are one of the most essential elements within any organization. Internal controls are put...
Internal Controls: The 5 Components
Aug 12, 2022
What are internal controls? Why do we need them?
Internal controls are one of the most essential elements within any organization. Internal controls are put in place to enable organizations to achieve their goals and missions.
Taxable vs Non-Taxable Benefits
Aug 3, 2022
As it becomes harder to attract and retain talent and also to help deal with soaring inflation, many employers are looking for ways to provide employees with tax-free benefits in order to entice employees to join or stay and help mitigate the impact of the rising costs. However, both employers and employees need to be aware that even despite their best intentions, many benefits or incentives can be considered taxable income – which from the employer side would require both withholding and reporting and would be includable in income for employees.
Tax Impacts of the Inflation Reduction Act of 2022
Jul 28, 2022
In what many political pundits are calling one of the most surprising and unlikely outcomes ever, Senators Schumer and Manchin have finalized negotiations on a new bill which would include several tax proposals. The new bill, called the “Inflation Reduction Act of...
Taxable vs Nontaxable Benefits – Cerini Short
Jul 21, 2022
Taxable vs Nontaxable Benefits Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Taxable vs Nontaxable Benefits. As it becomes harder to attract and retain talent and also to help deal with soaring inflation, many employers are looking...
Interest Assessment Surcharge – Cerini Short
Jul 21, 2022
Interest Assessment Surcharge Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Interest Assessment Surcharge. The COVID-19 Pandemic led to an immediate and unprecedented level of unemployment between March 2020 and September 2021 in...
NYS Unemployment Interest Assessment Surcharge Imposed for 2022
Jul 21, 2022
The New York State Department of Labor (DOL) has begun to mail out notices to employers in July 2022 called an Interest Assessment Surcharge (IAS), which will be used to cover the interest on these loans.