Articles

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What New York’s Paid Family Leave Act Means for Your Business

by: Teresa Loheide, Manager Linda Rubenau, Paraprofessional Are part-time employees entitled to paid family leave in New York State? If you’re a New York State-based business – or even if you’re an out-of-state business with part-time employees who work at least 30 or more days in a year in New York – a new law…

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Posted in Articles

Dialing in on Smartphones for Kids

Do your kids (or grandkids) have a smartphone? On average, American children receive their first smartphone at the age of 10, according to a recent study by market research firm Influence Central.

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Posted in Alerts, Articles, In The News

Tax reform, Amazon will impact food biz

as published in Amazon and tax reform are going to shake up the food industry in the coming year, according to a survey by Margolin Winer & Evens. The Garden City-based accounting firm surveyed 101 attendees at Tuesday’s Food + Beverage Biz LI, a Long Island Business News food industry…

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Defaulting on Retirement Plan Loans Causes Taxable Distributions

Want to borrow money from your retirement plan? Not so fast. Retirement plan loans can be a viable way to get money in a crunch, but you need to follow the rules about repaying them. If you don’t, it could lead to unfavorable tax consequences, as two taxpayers recently learned the hard way in U.S.…

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Posted in Articles

Use Tax: The Cost of Unintentionally Saving a Few Dollars

Is your company a distributor or manufacturer in the U.S.? If yes, then how thorough is your use tax compliance? From a sales and use tax perspective, companies like yours typically have the collection and remittance of sales tax on goods and services sold to customers down to a science. But when it comes to…

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