Payroll

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February 18, 2021 

New Unemployment Claims Hit 4-Week High

Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing.

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February 14, 2021 

Labor Dept. Confirms Exemption for Investment Advice Fiduciaries

The U.S. Department of Labor’s Employee Benefits Security Administration has confirmed that “Improving Investment Advice for Worker & Retirees,” an exemption for investment advice fiduciaries, will go into effect as scheduled on Feb. 16, 2021.

 Replace Tax Planning with “Golden Egg” Allocation Strategies

February 12, 2021 

Replace Tax Planning with “Golden Egg” Allocation Strategies

2020 was a challenging year for many businesses, and it clearly demonstrated the need to be prepared for the future. It’s quite possible that the coming years will be equally tumultuous, and now is a great time for you to work with your business owner ...

construction roofing

February 10, 2021 

1/3 of NY Construction Firms Plan to Increase Workforce in 2021

The Bonadio Group’s 2021 survey of New York construction companies and contractors shows that while 43 percent of construction firms were forced to reduce their workforce in 2020 due to COVID-19 challenges, only nine percent plan on further reductions...

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February 8, 2021 

Working with a Tax Pro is Even More Important in 2021

Working with a trained tax expert can net many benefits for taxpayers, including peace of mind that their return is accurate and compliant with IRS policies. It is ultimately the taxpayer who is responsible for the information on their ...