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    Month: November 2017

    Withholding for New York Family Leave

    The New York Paid Family Leave Program was discussed in earlier posts on August 31, 2017, August 17, 2017 and June 29, 2017. The program is effective on January 1, 2018.  Employers are required to add paid family leave coverage to their existing disability insurance policies as of that date. Employers are permitted to withhold the premiums related to this program from the compensation of e...

    NY Peer Review Rule Change

    New York State has changed the rules for peer reviews for CPA firms that provide attest work for their clients.  Under prior law, CPA firms with one or two CPAs were exempt from the peer review requirement. Effective on October 23, 2017, this exception has been removed.  As a result, all CPA firms that provide attestation services, even those with one or two CPAs, are now subject to the peer...