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VIEWPOINT: Employers need to activate HERO Act compliance plans now
State includes COVID-19 under the law On Sept. 6, Gov. Kathy Hochul directed the New York State Commissioner of Health to designate COVID-19 as a highly contagious communicable disease that presents a serious risk of harm to the public health. The designation is official and available on the NYS Department of Health (NYSDOH) website (https://health.ny.gov/press/releases/2021/docs/2021-09-06_commissioner_designation.pdf). By way […]
VIEWPOINT:Top 5 Considerations for Updating Policies & Procedures
Emerging from the trials and tribulations from the pandemic, many business owners learned valuable lessons to keep their companies running smoothly. Those ranged from updating health and safety protocols to staying agile in business operations. However, one of the most crucial lessons to continue throughout the future is the importance of keeping policies and procedures up
VIEWPOINT: 7 Ways Leaders Can Finish the Year Off Strong
It’s been a challenging year for many businesses due to the pandemic. Whether you’ve thrived or struggled in difficult times, there’s no doubt challenges came your way. Many entrepreneurs neglect self-care and work much more than they should, often resulting in burn-out and lower productivity. With September being Self-Care Awareness Month, this is the time to slow
CEO FOCUS: Eligibility Expanded for Pandemic Small-Biz Recovery Grant Program
As one of her first acts as governor of New York, Kathy Hochul announced expanded eligibility for the $800 million COVID-19 Pandemic Small Business Recovery Grant Program. New changes to the program will enable more small businesses to apply for funding. Businesses with revenue from $25,000 up to $2.5 million can now apply for grants, up from
VIEWPOINT: Ask Rusty: My Social Security Income Hurts When I File My Taxes
Dear Rusty: I am getting hammered with taxes on my Social Security (SS). I am retired and draw a meager work pension and SS benefits. When my wife and I filed our joint tax return, we owed the IRS a substantial amount of money — they took 85 percent of my SS in taxes. We
VIEWPOINT: Telehealth in the pandemic era
There is a well-known proverb: “Necessity is the mother of invention.” What started as a niche market for concierge and special-case patients, the telehealth industry has become a behemoth virtually overnight — with projections reaching $559.52 billion by 2027, according to Fortune Business Insights — entirely because of the COVID-19 pandemic. How could something that was
VIEWPOINT: Feeling down in the dumps? Take stock of the optimist in you
You’ll live longer There is a song that tells us to “accentuate the positive.” Philosopher Norman Vincent Peale wrote a best-selling book that encouraged us to use the “power of positive thinking” to get along in life. But now, at a time when too many of us are experiencing bouts of depression due to the pernicious coronavirus
NONPROFIT MANAGEMENT: Giving retirement-plan compliance the attention it deserves
“My best days in retirement are when I give back to the community.”— Anonymous Stock markets continue to hit all-time highs throughout the pandemic since the lows of the original sell-off on March 23, 2020. We see 401(k) and 403(b) retirement account values have increased significantly for almost all participating employees and retirees, as the S&P 500
VIEWPOINT: Non-Competes are Enforceable in New York, but Attorneys get a Pass
Non-competition agreements are ubiquitous across the United States in most industries and at all levels of those industries. These agreements have come under increasing scrutiny, including by the Federal Trade Commission and the New York Attorney General. While non-competition agreements are largely permissible in the professions, one notable holdout that prohibits them is the one that writes
VIEWPOINT: Tips & Resources for Small Businesses on Road to Recovery
Small-business owners in Central New York and across the country are slowly but surely regaining their footing after a uniquely challenging year. According to new research from Bank of America’s 2021 Small Business Owner’s Report, economic confidence and revenue expectations have bounced back significantly since last fall. We found that 60 percent of small businesses nationwide
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