Tag Archives: Unemployment Insurance

Worker Misclassification: Increased Audits and Penalties in New York State

New York State employers should be vigilant about the proper classification of workers as employees or independent contractors on a go-forward basis. Although businesses already may be aware of the 2007 Questionable Employment Tax Practices (QETP) state-federal initiative to crackdown … Continue reading

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Employer Guides: NY’s Unemployment Insurance System

New York State recently made several changes to the Unemployment Insurance (UI) system as part of the Business Relief Act passed in the 2013-2014 State Budget. These changes will save employers approximately $400 million in total and will allow the … Continue reading

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New Year, Important Changes for NY’s Small Businesses

  As the the calendar flipped to 2014, many important changes went into effect.  Is your small business up to date? Minimum Wage On December 31, 2013, the minimum wage in New York State increased to $8.00. For most employees, … Continue reading

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Small Business is Not “Hap-Hap-Happy”

Apparently, Governor Cuomo has proclaimed the recently enacted budget as a “love document”.  Exactly who the love is for and what that means is up for others to interpret.  For small business the answer is obvious, and no, we are … Continue reading

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NFIB/NY Reaction to Governor Cuomo’s Proposed Budget

“For the third year in a row, Governor Cuomo’s proposed fiscal plan maintains the theme of fiscal responsibility continues to right-size state government and closes the current budget gap while rejecting any new tax increases.  Financially, this budget proposal is … Continue reading

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Governor’s Address Cause for Hope and Concern

Is the glass half full or half empty?  With yesterday’s State of the State address by Governor Cuomo, once fully digested, it is fair to say that this simple little question could be difficult to answer. On the one hand, … Continue reading

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NY Small Business Calls Tax Report Embarassing, Calls for Change

Albany (October 9, 2012) – A new report by the non-profit Tax Foundation ranks New York again dead last among all states for its business climate.  That, according to the National Federation of Independent Business (NFIB), is an embarrassing distinction … Continue reading

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Another Business Index, Another Last Place Finish for New York!

Further accentuating the fact that I have been pretty steadfast in my position that New York is not quite open for business, the Tax Foundation has released their 2013 Business Tax Climate Index, and New York ranks 50th.  50th! Consider … Continue reading

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Employers Hit Again by Interest Assessment Surcharge (IAS)

In 2009, New York borrowed over $4 billion from the federal Unemployment Insurance (UI) Trust Fund.  As I always say, nothing is ever free! The interest due in 2012 on this loan is $102 million.  This means, if they haven’t … Continue reading

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