Welcome to Our Blog
Estate Planning for Couples
Estate planning is essential for couples to protect each other and ensure their wishes are honored!
An up-to-date Will, along with carefully managed beneficiary designations and powers of attorney, can prevent unexpected outcomes—especially for blended families or those facing life changes like marriage or divorce.
Insurance for Artificial Intelligence Risks
The rapid evolution of Artificial Intelligence has introduced a range of risks—some discovered daily—that businesses must consider.
Warning Employers – Be Careful with Physical Assessment Requirements
The EEOC recently issued a reminder to employers regarding the use of physical exams. Whether it's during the hiring process or for current employees, employers must ensure assessments are job-related and consistent with business necessity.
Significant Changes Coming to Withholding Tax and Wage Reporting
Starting in March 2025, significant updates are coming to Form NYS-45, affecting how you file quarterly withholding, wage reporting, and unemployment insurance returns. Here’s a quick rundown of the changes.
New York Employers' New "To Do" Item for 2025
Starting January 1, 2025, there’s a new requirement on your to-do list: Paid Prenatal Personal Leave (PPPL). All employers will need to provide pregnant employees with 20 hours of paid leave for physical exams, medical procedures, and more. This is in addition to paid sick and safe leave.
Why are home insurance payouts falling short?
Construction costs have soared by 55% between 2019-2022, and home replacement costs have outpaced most other sectors. This rise, combined with construction-sector inflation, has left many homeowners with inadequate insurance coverage in case of catastrophe.
Emergency Preparedness Plans for Businesses In Case of Natural Disasters Should Include Financial Records
Natural disasters can strike at any time, and businesses need to be prepared. A comprehensive Emergency Preparedness Plan can be the difference between recovery and major loss.
Successful Succession Planning
Succession planning is critical for the long-term success of a business, but many plans fail due to common pitfalls. A narrow focus on the leadership transition, neglecting key business operations, family members opting out of leadership roles, and a resistance to change often hinder successful outcomes. However, a well-prepared business significantly increases its chances of a smooth transition and higher sale value.
The New Overtime Rule is Going into Effect: Steps to Take for Employers
With rising FLSA litigation and increasing scrutiny on employee classifications, now is the time to review your workforce, evaluate job classifications, and ensure compliance.
5 Steps for Employers to Comply with Overtime Exemption Rules
Are you sure your employees are properly classified as exempt from minimum wage and overtime pay? Misclassification can lead to costly penalties, so it’s crucial to get it right. Here’s what employers need to prove to a court that their classifications are correct.
To Avoid Deed Theft and Protect Against Property Scans
Deed theft is a serious issue where criminals fraudulently take ownership of your home without your knowledge. Don't wait until it's too late—take steps now to safeguard your property!
Freelance Workers and Their Employers Need to Know the Following about New York's Freelance Isn't Free Act
Governor Kathy Hochul's recently signed Freelance Isn't Free Act (FIFA) will reshape how freelancers and businesses interact starting August 28, 2024. Here's what you need to know.