On June 4, 2020, the IRS released Notice 2020-39 which provides relief under the federal Qualified Opportunity Zone (“QOZ”) program as follows: 1.) 180-Day Investment Requirement for QOF...

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I recently attended a very informative webinar by BankWebinars.com regarding the April 2020 update to the BSA-AML Examination Manual. While I had read the update, essentially a re-format...

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Today, the FASB issued formal guidance for the deferral dates of two standards. Revenue from Contracts with Customers (more commonly referred to as ‘Rev rec’) has been deferred by one year...

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Because of COVID-19 many businesses have been forced to change how they operate. More employees than ever before are working remotely and whether you have realized it or not, your control...

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New York State in conjunction with Empire State Development and Homes and Community Renewal recently announced a new economic loan recovery program designed for targeted small businesses,...

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Ideas to “normalize” your environment to adapt to work style changes For much of the workforce, life has changed drastically over the past few weeks. The combination of school closings and...

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