Posted on September 30, 2020
New York Paid Sick Time Frequently Asked Questions
Starting January 1, 2021 nearly all New York employers must offer paid sick leave to their employee under the recently enacted New York Labor Law. 
Posted on September 29, 2020
Buying a Distressed Business
Many businesses have suffered financial losses due to the COVID-19 crisis. Some may even be on the verge of bankruptcy or otherwise looking for an exit strategy.
Posted on September 22, 2020
Achieving Financial Stability
Business owners may often experience the “pit in their stomach” feeling when they assess the financial stability of their organizations.
Posted on September 20, 2020
SBA Paycheck Protection Program (PPP) Forgiveness FAQ's
Recently the SBA has updated its web page to reorganize their PPP Forgiveness FAQ’s section so that it is broken down into sections listed below
Posted on September 20, 2020
Payroll Tax Deferral
On August 29, the U.S. Department of the Treasury released Notice 2020-65 in response to President Trump’s executive order allowing employers to defer the employee share of Social Security tax (6.2%) withheld from September 1 through December 31, 2010. 
Posted on August 6, 2020
Five Compelling Reasons to Consider Outsourcing
In prior blog posts, we have discussed the Benefits of Outsourcing, the Economics of Outsourcing, and Metrics that Matter. In and through these blogs, we have articulated a rationale for utilizing outsourcing – specifically accounting and finance – within an organization.
Posted on August 5, 2020
COVID-19 Crisis May Affect Tax Angles For Rental Property Losses
The economic fallout from the COVID-19 crisis will cause many rental real estate properties to run up tax losses in 2020 — and possibly beyond. Here's a summary of important federal income tax rules for such losses.
Posted on July 22, 2020
Can Your Business Survive and Even Thrive in These Trying Times?
The novel coronavirus (COVID-19) pandemic has caused difficulties for millions of businesses — from family-owned restaurants and niche manufacturers to multinational airlines and oil companies.
Posted on July 10, 2020
COVID-19 Pandemic Poses Complex HR Policy Questions
Questions from employers and employees about coronavirus (COVID-19) pandemic are multiplying almost as fast as the virus itself. Employers need to rely on a combination of authoritative legal and medical advice, and their own common sense, to keep employees safe.
Posted on July 8, 2020
Economics of Outsourcing
In this article, we will explore the potential cost savings that an organization may realize through outsourcing. The economic argument to consider outsourcing is quite compelling.
Posted on June 19, 2020
Metrics that Matter
Webster’s Dictionary defines metrics as standards of measurement and, while these are fundamentally quantitative in nature, metrics can also be viewed as pieces and parts of a story.  In this article, we will discuss why metrics matter and how they play an important role in the story of a business.
Posted on May 28, 2020
The Benefits of Outsourcing
Outsourcing - put simply - is looking outside of your organization for expertise. Organizations will often bring in external resources for knowledge in areas such as finance, law, HR, or payroll.
Posted on May 21, 2020
Your Personal Finances Haven’t Been Immune to the Pandemic
Pandemics on the scale of the current COVID-19 crisis don’t come along very often. But the damage they cause is almost impossible to escape.
Posted on May 21, 2020
IRS Addresses Those Items Thought to Have Slipped Through
In late March, the IRS announced that certain taxpayers generally have until July 15, 2020, to file and pay federal income taxes which were originally due on April 15. Since that guidance addressed the imminent and impending April 15 deadline, there were some taxpayers, tax forms, and tax payments that were not covered.
Posted on May 21, 2020
Benefit Programs Summary
BST & Co.has compiled the following guide to the numerous federal funding and relief programs available to businesses and individuals as a result of the Coronavirus (COVID-19) pandemic.
Posted on May 21, 2020
You May Not Get Your Cake and Eat It Too
IRS Denies Tax Deduction Tied to Small Business Loans As “small businesses” scramble to get the second round of Payroll Protection Program (PPP) loans, the IRS just released a notice that apparently takes away one of the key perceived benefits of the program.