OASAS

Taxation of New York State Healthcare Worker Bonuses

Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare Worker Bonuses of up to $3,000 per employee (see details here). The regulations and program portal were released on August 3, 2022. One of the crucial questions regarding...

Taxation of NYS Healthcare Worker Bonus – Cerini Short

Taxation of NYS Healthcare Worker Bonus Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Taxation of the NYS Healthcare Worker Bonus. Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare...

Bonus for NYS Healthcare Workers – Cerini Short

Bonus for NYS Healthcare Workers Cerini Short We have been hearing for months about New York State making certain bonuses available to direct healthcare workers of up to $3,000 each. Governor Hochul allocated $1.2 billion from the State's 2022/23 budget for the...

Potential Additional Funding Available for Daycare and Medical Providers

Most people are aware of the PPP loan program and the economic benefit provided through the forgiveness feature. What you may not know is that there are other economic stimulus components of the CARES Act that you could benefit from … but the timelines are short.

Managed Care is Coming

Managed care is coming. What it will exactly look like, or how it will impact the nonprofit sector isn’t clear yet. Managed care will most likely result in significant consolidation among OPWDD, OASAS, and OMH providers. The problem is unlike other areas of...

New Certification Added to CFR for OASAS, OMH, and OPWDD Filers

If you have spent any time reviewing the new CFR forms you probably noticed that there is a new certification form that administrators need to sign, CFR-iv. This new certification form, which is required by all CFR filers, other than those funded exclusively by SED,...

New York State Budget Update for Nonprofits

On January 16, 2018, Governor Cuomo presented his 2018/19 Budget Address and discussed the proposed fiscal 2019 budget and its impact on New York State. While his address touched upon various agencies and industries, we’ve outlined below some of his major proposals...

OPWDD, OMH, OASAS, and SED CFR Update

Revisions to the New York State Consolidated Fiscal Report (CFR) for the July 1, 2016 to June 30, 2017 year have been made and released by New York State. For a complete list of revisions, updated manuals, and approved software, please click here. What follows are...

Nonprofits Required to Comply with Executive Order 38

New York State Executive Order 38 (“EO38”) is a relatively-new law that many nonprofits are required to comply with. Regardless of the structure or level of services that are provided by the nonprofit, New York State-funded organizations have to be cognizant of the...

Warning OASAS Providers: Are you Prepared for an OSC Audit?

The New York State Comptroller, Thomas P. DiNapoli, recently announced the release of two audits by the Office of the State Comptroller (OSC) of programs funded by the Office of Alcoholism and Substance Abuse Services (OASAS), which oversees state programs for the...
Taxation of New York State Healthcare Worker Bonuses

Taxation of New York State Healthcare Worker Bonuses

Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare Worker Bonuses of up to $3,000 per employee (see details here). The regulations and program portal were released on August 3, 2022. One of the crucial questions regarding...

read more
Taxation of NYS Healthcare Worker Bonus – Cerini Short

Taxation of NYS Healthcare Worker Bonus – Cerini Short

Taxation of NYS Healthcare Worker Bonus Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Taxation of the NYS Healthcare Worker Bonus. Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare...

read more
Bonus for NYS Healthcare Workers – Cerini Short

Bonus for NYS Healthcare Workers – Cerini Short

Bonus for NYS Healthcare Workers Cerini Short We have been hearing for months about New York State making certain bonuses available to direct healthcare workers of up to $3,000 each. Governor Hochul allocated $1.2 billion from the State's 2022/23 budget for the...

read more
Managed Care is Coming

Managed Care is Coming

Managed care is coming. What it will exactly look like, or how it will impact the nonprofit sector isn’t clear yet. Managed care will most likely result in significant consolidation among OPWDD, OASAS, and OMH providers. The problem is unlike other areas of...

read more
New York State Budget Update for Nonprofits

New York State Budget Update for Nonprofits

On January 16, 2018, Governor Cuomo presented his 2018/19 Budget Address and discussed the proposed fiscal 2019 budget and its impact on New York State. While his address touched upon various agencies and industries, we’ve outlined below some of his major proposals...

read more
OPWDD, OMH, OASAS, and SED CFR Update

OPWDD, OMH, OASAS, and SED CFR Update

Revisions to the New York State Consolidated Fiscal Report (CFR) for the July 1, 2016 to June 30, 2017 year have been made and released by New York State. For a complete list of revisions, updated manuals, and approved software, please click here. What follows are...

read more
Nonprofits Required to Comply with Executive Order 38

Nonprofits Required to Comply with Executive Order 38

New York State Executive Order 38 (“EO38”) is a relatively-new law that many nonprofits are required to comply with. Regardless of the structure or level of services that are provided by the nonprofit, New York State-funded organizations have to be cognizant of the...

read more