PPP update

July 14th, 2020 The  Payroll Protection Program (PPP) application deadline has been  extended until August 8th. The five-week extension was passed by unanimously House and Senate, just a few hours before the PPP application window was scheduled to close.  The PPP was...

New York State issues guidance on decoupling

Many of federal changes associated with the Tax Cuts and Jobs Act (TCJA) will flow-through to state tax returns. However, although federal adjusted gross income is used as a starting point, a state can decide not follow (or “decouple” from) the federal law. New York...