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Law, Accounting & Taxes

New state laws tackle subcontractor wages, shared-work benefits

New state laws that Gov. Kathy Hochul signed on Labor Day make construction contractors liable for the wages owed to their subcontractors and extend shared-work benefits. They also establish a demonstration program to implement speed-violation monitoring systems in work zones to help keep workers safe and require the payment of prevailing wage to building service employees at […]

VIEWPOINT:Top 5 Considerations for Updating Policies & Procedures

Emerging from the trials and tribulations from the pandemic, many business owners learned valuable lessons to keep their companies running smoothly. Those ranged from updating health and safety protocols to staying agile in business operations.  However, one of the most crucial lessons to continue throughout the future is the importance of keeping policies and procedures up

Small group health-insurance premiums in NYS to rise over 7%

Insurers serving New York’s small-group market will raise their premiums, on average, 7.6 percent after requesting an average increase of 14 percent. That’s according to the New York State Department of Financial Services (DFS), which on Aug. 13 said it reduced the average increase by 46 percent, “saving small businesses over $468 million.”   DFS also

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