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Law, Accounting & Taxes

State legislation waives taxes on small business pandemic recovery grants

Gov. Andrew Cuomo on June 8 proposed legislation to waive taxes on grants from the state’s $800 million COVID-19 Pandemic Small Business Recovery Grant program.  Not long after Cuomo’s announcement, the New York State Senate and Assembly approved the legislation, per the website of Long Island State Senator Anna Kaplan (D–North Hills). Both Kaplan and State Assemblyman […]

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VIEWPOINT: The Art of Compliance: Doing What’s Right, Not Just What’s Required

The rest of society got a taste of what corporate compliance officers go through when the COVID pandemic forced restrictions and requirements on the entire population. Suddenly, people were told to wear masks, social distance, and wash their hands more regularly and thoroughly than ever before. Plenty of people didn’t like that, trying to dodge the new

Weedsport office building sold for $100,000

WEEDSPORT, N.Y. — The commercial property located at 8941 N. Seneca St. in the village of Weedsport was recently sold for $100,000. The more than 2,500-square-foot-building, located on about one-sixth of an acre, had housed Malvaso Insurance and the Yates Law Firm. The insurance agency remains in operation at other locations, while the owner of

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