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Month: September 2020

Effective September 30, 2020, New York State will require all employers to accrue protected sick leave time. Employees are not entitled to use the time until January 1, 2021. The amount of protected leave time will vary by the size and net income of the employer. Employers with 4 or fewer emp Read More

The PPP has been in place for nearly 6 months and business owners remain unsure as to how exactly the forgiveness aspect of the loan works. Congress provided loans to small businesses and, if spent correctly, those loans would have the potential to be fully forgiven. As the process has evolve Read More

As most know, the current pandemic created from the COVID-19 virus has caused Federal, State and Local governments to assist many small entities with new income tax benefits and incentives, and contingent low interest deferred loans that might convert to potential grants. This assistance lead Read More

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