Opinion

TCJA: Too soon to panic (but not to start planning)

By TIMOTHY McHALE and ED McWILLIAMS // Finally, after months of fanfare and blueprints (and endless requests from our managing partner, Ken Cerini, to put out content on what a potential Republican tax plan would mean for our clients), the House Ways and Means Committee has released the Tax Cuts and Jobs Act. While previously released frameworks offered few details, the TCJA comes in at a robust 429 pages – worthy of a seismic shift…

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Productivity, in the age of telecommuting

By SHONA ST. ANGELO // Many companies across the country, such as Aetna and Dell, are allowing employees to work remotely. Employees save money normally spent on gas and transit costs, and save valuable hours normally spent commuting to an office. Telecommuting can also benefit employers, who can take advantage of savings from decreased occupancy costs and travel-expense reimbursements. Money saved can then be spent on customer acquisition and marketing, which will ultimately yield higher…


Fundraising innovation: Less risk in games of chance

By SEAN WILKINSON, CPA // Governor Andrew Cuomo proposes to remove the red tape restricting nonprofit organizations’ fundraising efforts through raffles and other games of chance. The FY2018 Executive Budget will update outdated bureaucratic laws that will increase the potential of charitable organizations searching for support. Organizations that depend on these revenue-generating streams will benefit tremendously in the years to come. For example, the American Legion, a veteran’s organization, currently raises money by selling pull-tabs,…


Local zoning? Could be an executive order for that

By MICHAEL SAHN and NICHOLAS CAPPADORA // President Trump has made it clear that his administration is dedicated to reducing and in some cases eliminating many areas of government regulation. These areas include health care, financial services, environmental regulation, education and energy. Will these anti-regulation efforts reach down to local land use and zoning regulations and policy? Most certainly. Local governments – counties, cities, towns and villages – have always had the primary jurisdiction to…


Tax controversy? You need a franchise QB

By TIM McHALE // With Super Bowl LI upon us, we have a great matchup between the Atlanta Falcons and the New England Patriots. One thing these two teams share in common is their superb quarterback play, featuring presumptive 2016 NFL MVP Matt Ryan and Tom Brady, who is already a four-time Super Bowl champion. Each of these players is currently playing to the level of a “franchise quarterback.” While the exact definition of a franchise…


You can chews how you save the planet

By JOHN KOMINICKI // Two tiny Silicon Valley companies have vowed to tame the Earth’s surging levels of atmospheric methane, one of the most potent greenhouse gases out there and 28 times more likely to cause global warming than carbon dioxide. Their goal: An all-vegetable burger that looks, cooks and tastes like ground meat. Sort of. Now, vegetarian takeout may not sound like much of a contribution to the clean air effort, what with the…


Trump and environment: States must pick up slack

By MIRIAM E. VILLANI // We can expect many changes as the country transitions from the Obama administration to a Trump administration. One of several issues that will receive a lot of attention is the environment. It is still early and not possible to know what the Trump administration will do with regard to environmental protection and energy regulation. However, Trump made certain promises during his campaign and has started to outline his plans. He’s also…