Entries by Michael Stoop

What Are The Employer Posting Requirements for NY State

A frequent question we get from NY State employers are what are the employer posting requirements for NY State. It’s important to update your employer postings, especially since the New York State Department of Labor is requiring a poster placed in a high trafficked area explaining and giving direction on your Sexual Harassment policy. For more […]

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Resuming Business Operations During Covid-19

Foremost on most organization’s agenda is how do we resume operations in a COVID-19 world? Candidly it’s a bit complicated contingent on a great many factors. Here’s a very short list of some contingencies. What does your operation look like; what do you do?  What does your service plant or office look like? How is […]

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Disturbing Hacking Trends

Security experts commonly say that there are only two types of companies these days. There’s companies that have been hacked, and those that don’t yet know that they’ve been hacked. Here are some important hacking trends given by a statistical study. Verizon’s 2020 Data Breach Investigations Report counted 3,950 CONFIRMED data breaches last year in addition to […]

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7 Common Insurance Errors Businesses Make

We recently left a meeting with one of the largest construction companies in the country, whose sales are north of a billion dollars annually. The first comment my counterpart made was, “I cannot believe how poor their systems are…” I turned to him and gave him one of my favorite lines because it still rings […]

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A Small Business’ Guide To The CARES Act

On Friday, March 25, 2020, the US Senate passed the CoronaVirus Aid, Relief and Economic Security Act (CARES Act), to help provide financial relief to the people and business of America. This bill is a $2 Trillion dollar relief in response to the economic fallout from the fast-developing Coronavirus pandemic. The CARES Act is meant […]

Applying For A Small Business Administration Loan?

I don’t know any business in the tristate metropolitan region that has not been impacted by COVID-19. For those looking to shore up their balance sheets here’s a quick primer on applying for a small business administration loan courtesy of our accountants Citrin/Cooperman.  Currently, the Small Business Administration is working with states to provide targeted, […]