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TAX CHANGES DUE TO THE CORONAVIRUS On Wednesday, following President Trump’s emergency declaration under the Stafford Act on March 13, 2020, the U.S. Treasury Department and IRS released official guidance to provide relief from tax deadlines to assist in economic relief efforts related to the impact of...

The “Setting Every Community Up for Retirement Enhancement” Act (THE SECURE ACT) can be considered one of the most significant changes to retirement plans in nearly a decade.  Highlights of the bill are the following: Selected Highlights of the SECURE Act: • Required Minimum Distribution Relief for...

New York Paid Family Leave is insurance that may be funded by employees through payroll deductions. Each year, the Department of Financial Services sets the employee contribution rate to match the cost of coverage. Employers are responsible for: Collecting employee payroll contributions Providing a waiver to...

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