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Law, Accounting & Taxes

State to conduct study on payroll-servicing industry after MyPayrollHR scandal

The New York State Department of Financial Services (DFS) will conduct a study on the payroll servicing industry following the MyPayrollHR scandal, which caused “major financial disruptions for workers and small businesses.”  The office of Gov. Kathy Hochul on May 6 said she has signed a bill requiring the study. DFS, in consultation with the New […]

N.Y.–based cybersecurity-resilience program gets federal funding

The federal budget includes at least $38 millio for the Multi-State Information Sharing and Analysis Center (MS-ISAC), a federally funded cybersecurity-resilience program. The Center for Internet Security (CIS) in East Greenbush in Rensselaer County operates the MS-ISAC. The office of U.S. Senator Kirsten Gillibrand (D–N.Y.) on March 10 announced that the federal spending plan included the

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State employee arrested for trying to scam state retirement system out of more than $4,000

New York State Comptroller Thomas P. DiNapoli and the New York State Police announced on May 3 that a former New York State Department of Education employee — Shannon Brady, 52, of Albany — was arrested. Brady allegedly falsely claimed to the New York State and Local Retirement System (NYSLRS) that she never received a

VIEWPOINT: New state law bars colleges from withholding transcripts of indebted students

On May 4, 2022, Gov. Kathy Hochul signed into law A.06938B, which amends New York State Education Law. It adds a new Article 13-C; §640, which prohibits degree-granting institutions and licensed private career schools from withholding transcripts of students who owe a debt to the institution.  It is also unlawful under §640 for institutions to condition

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