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Law, Accounting & Taxes

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Schumer urges U.S., Canadian governments to reopen northern border

MASSENA, N.Y. — New York plans to begin lifting many COVID restrictions on May 19 due to increasing vaccination rates and falling COVID infections. Knowing that, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) thinks it is time to reopen New York’s northern border with Canada. Speaking May 5 at the Massena International Airport, Schumer called

New York SBDC helps Binghamton café pursue federal restaurant funding

BINGHAMTON, N.Y. — Like a lot of eateries nationwide, the co-owners of the Lost Dog Café & Lounge in Binghamton are pursuing funding from the newly established Restaurant Revitalization Fund (RRF), part of President Biden’s American Rescue Plan. The fund provides direct relief funds to restaurants and other hard-hit food establishments that have experienced significant

VIEWPOINT: Updated Guidance on Tax Credits Under the American Rescue Plan

Under the American Rescue Plan (ARP), certain private-sector and governmental employers may claim refundable tax credits which provide reimbursement for the cost of providing Families First Coronavirus Response Act (FFCRA)-style paid sick and family leave to employees, including leave for COVID-19 vaccination-related reasons. The ARP does not require employers to provide paid leave; however, it provides tax

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