IRS Extends Tax Deadline to May 17th, 2021 for individuals
The IRS announced on March 17, 2021 an extension of the INDIVIDUAL tax filing deadline from April...
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Category: Long Island Business
Microsoft Excel Tips & Tricks
Microsoft Excel is a dynamic analysis tool that has become a major part of our business...
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Automating Back Office Functions
As the past year has taught us, now more than ever, businesses need to be adaptable and able to...
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COVID Pivot
2020 will go down in history as the year the world was put on pause. The Coronavirus pandemic...
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Virtual Workplace
Due to the recent challenges brought on by the pandemic, many offices have shifted from the...
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IRS Issues Crucial New Guidance on Deduction of PPP Expenses
Following up on Notice 2020-32 issued in May 2020, the IRS has released Revenue Ruling 2020-27 & Revenue Procedure 2050-51 to provide guidance to taxpayers in relation to deductions for expenses covered by the Paycheck Protection Program (PPP) loans.
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SBA Necessity Questionnaire Released for Borrowers with PPP Loans Over $2,000,000
In what is likely the first step in the audit process for borrowers that received Paycheck...
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Guest Article: How to Protect your Business from Ransomware
Ransomware is a type of malicious software that encrypts computer files and systems to prevent...
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Partial Plan Terminations: What Employers and Plan Sponsors Should Know
The COVID-19 pandemic has brought so many different concerns to the forefront for employers,...
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Payroll Tax Deferral Guidance
On Friday evening, August 28th, 2020, the IRS and Department of the Treasury released Notice...
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Long-Term Property Solutions Amid COVID Pandemic
We’ve spent the last 5 months answering questions for New York City tenants on how to: navigate rent payment solutions and lease restructuring for existing leases, leverage the COVID-19 NYC real estate market for new or renewed leases, and redesign existing spaces amid social distancing and flexible work strategies to optimize reopening.
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5 Ways to Reinvigorate Your Business
The whole world has been put on pause because of the COVID pandemic, and for many business owners, the same holds true for their business. We are so bogged down in understanding changing regulations, worrying about CDC guidelines, and getting caught up in the minutia of getting through another COVID quarantine day, that our businesses and our psyche have suffered. Instead of looking at this as another day in the COVID pandemic doldrums, why not use this as a time to try to reinvigorate your business by infusing new energy and strategies.
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