Articles
Tax Provisions of New Stimulus Package
On December 21, 2020, the House and Senate passed the 2021 Consolidated Appropriations Act and it now awaits signature from the President.
New York Forward Loan Fund for Small Businesses and Nonprofits
New York State small businesses, nonprofits and small residential landlords are eligible for up to a $100,000 loans under the New York Forward Loan Fund (the Fund).
The Marijuana Opportunity Reinvestment and Expungement Act (MORE)
Bill H.R. 3884 to decriminalize cannabis was recently passed by the House of Representatives on December 4, 2020.
What to Expect From a Stimulus Bill
The year is quickly drawing to a close, but it is still widely anticipated that Congress will pass a stimulus package before they break for the holidays.
IRS 2020-2021 Priority Guidance Plan – What Foundations Should Know
Each year the Department of the Treasury and the IRS jointly release their Priority Guidance Plan (the Plan) for the upcoming year, the most recent of which was released on November 17, 2020
Don’t Fall for the One-Buyer Trap
Financial buyers deploy significant resources to contact private companies in order to purchase a company below its true market value.
Cyber Roundup – December 2020
If you didn’t realize this before, cyber criminals have unlimited felonious imaginations and unmitigated gall, this issue of Cyber Roundup will certainly confirm that.
The Value of Charitable Giving
We all look for ways to give back to our communities during the holiday season.
Businesses Urged to Prepare for Connecticut’s Paid Family and Medical Leave Act
Connecticut Governor Ned Lamont had previously signed into law the Paid Family and Medical Leave Act (PFMLA).
Impact of SAS 136 on Audits of Employee Benefit Plans
Statement on Auditing Standards (SAS) 136 addresses the audit of employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA) and deals with the form and content of the audit report.
IRS Examination Topics
During 2020, our Employee Benefit Services Group represented several retirement plans that were selected for examination by the Internal Revenue Service (IRS).