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VIEWPOINT: Tips to help make the most of your health plan in 2021
Last year was a difficult one as the COVID-19 pandemic swept through our country, impacting families and communities nationwide. The health challenges of the pandemic also provided a crucial reminder about the importance of health care. For many New York residents and Americans, new health-plan benefits for 2021 began in January. If this is your situation, now […]
VIEWPOINT: Enforceability of non-competes for terminated employees in New York depends on location
A decent case from the Appellate Division, First Department — King v. Marsh & McLennan Agency, LLC (Feb. 11, 2021) — serves as a reminder that, depending on where your business is located within New York state, a different rule applies for the enforceability of your employee non-competition and non-solicitation covenants when you terminate someone without cause. Specifically,
VIEWPOINT: The Need for Employee-Benefit Audits Remains but with Changes
The past year changed almost everything, but one thing that remains the same is the need for retirement-plan sponsors to engage an independent accountant to perform an annual audit of their plan. Currently, any qualified retirement plan — 401(k), defined benefit, 403(b), and others — with 100 or more qualified participants (regardless of whether they are participating
Ask Rusty: Does Paying FICA Tax Now Increase My SS Benefit?
Dear Rusty: If a person retires at age 66 and continues to work full time, Social Security (SS) federal payroll (or FICA) taxes are still taken out of his weekly paycheck. Will this taxation for Social Security contribute more to the person’s SS benefit, even if already retired? Signed: Curious Retiree Dear Curious Retiree: Since its inception
Here are some recent tweets that came across the @cnybj Twitter feed, offering small business, COVID-19, and HR tips. SBA @SBAgovAlert! Fraudsters have been targeting small business owners through email phishing schemes. Reminder: Any email from SBA will come from accounts ending in http://sba.gov Learn how to report suspected fraud to @SBAOIG: https://sba.gov/covidfraudalert Small Business
EVOKE: Creativity shows education & creative expression
MARCELLUS — In late November 2020 Chelsea Lembo, a former public elementary-school teacher and certified educator with a specialty in arts-integrated learning, was organized and ready to make an impact. She had already established an entity (LLC) for her startup and had a space secured in Marcellus where she could provide students with creative workshops.
CEO FOCUS: Small Businesses Prioritized with Recent PPP Changes
Since the beginning of the pandemic, our team has actively worked with local, state, and federal leaders to advocate for the resources that will have the most impact on the ability of the business community to successfully recover. We know that small businesses are among the hardest hit by the economic crisis. They are also employers of
VIEWPOINT: Nearly Half the Workforce is Exhausted From Meeting on Camera
As employees continue to be forced home during the pandemic, nearly half of them are reporting high levels of exhaustion, a new study has found. The study was conducted by Virtira Consulting and reveals that 49 percent of employees experience a high degree of exhaustion from being required or pressured to be on camera during online meetings.
VIEWPOINT: Is Your Company Secure on the Cloud?
5 Must-Knows to Manage Risks Cybersecurity breaches have become all too common, putting public health, individuals’ private information, and companies in jeopardy. With cloud computing prevalent in business as a way to store and share data, workloads, and software, a greater amount of sensitive material is potentially at risk. Therefore, company leaders need to prioritize cloud security
VIEWPOINT: 5 Insights to Help You Start a Real-Estate Business
A real-estate career, over the long term, can be a lucrative small business. Let’s take a look at five steps you should take to start a real-estate business (this is a condensed version of How to Start a Real Estate Business: The Definitive Step-by-Step Guide): 1. Develop and refine your idea. How do your natural strengths differentiate
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