Earlier this year, New York Governor Andrew Cuomo signed a bill enacting a new Paid Sick Leave Program effective January 1, 2021. However, employers must begin accruing sick leave on September 30, 2020. Accounting Associate Lillian Crast outlines what this may mean for New York State businesses going forward.
On September 17, USDA Secretary Sonny Perdue announced an expansion of the Coronavirus Food Assistance Program, known as “CFAP 2,” following the first round of coronavirus assistance which opened in May 2020. Chris Laughton outlines eligibility for assistance under CFAP 2.
In the second of a two-part series, Farm Credit East tax specialist Dario Arezzo explains Farm Service Agency eligibility changes, specifically recent changes to USDA regulatory changes on the “Actively Engaged in Farming” definition.
On August 8, President Trump issued an executive order allowing employers to defer withholding and payment of certain employee portions of Social Security taxes. Read more for a big picture overview of employer considerations.