Opinion

Alessi: LI must work together on a 5G future

By MARC ALESSI // It’s no secret that Long Island has problems with cellphone service. More than 200 cellphone “dead zones” were identified in late 2016, as well as poor-quality network speed, reliability and performance. U.S. Senator Chuck Schumer (D-NY) has even urged carriers to improve coverage on the Island. As a longtime resident of the North Shore, I have witnessed firsthand what it means to not have reliable wireless connectivity with our mobile-enabled electronics….


Amazon warrior Cuomo defends deal, crushes critics

By GOV. ANDREW CUOMO // Editor’s note: This article has been edited for length. The full text of the governor’s op-ed is available here.   The Amazon transaction is an historic transformative moment for the entire New York City region. I have done enough development work during my career to know there is no large development project that is accomplished without controversy, especially in a city like New York and especially in this polarized, hyper-political time. While…


Anid: Time for a cyberskills ‘GI Bill’ at the college level

By NADA MARIE ANID // Colleges and universities are in crisis mode. The digital age continues to transform disciplines – dissolving some, merging and reconfiguring others. A highly trained and college-educated workforce, one grounded in the ethics of how to best harness new technologies to benefit humanity, is needed more than ever to tackle issues such as cyberwarfare and artificial intelligence. However, higher education is an expense close to, or greater than, the cost of…


On LI, the electric-vehicle revolution is fully charged

By JOHN BILLARD // It’s National Drive Electric Week, and drivers across the country are showing off their electric vehicles. Americans are looking towards the future when it comes to their vehicles. According to a 2018 AAA survey, 20 percent of Americans want their next vehicle to be electric. Fortunately, the future of electric vehicles is only looking better and brighter than ever – particularly right here on Long Island. Last fall, Ford partnered with…


… and environmental justice for all

By ANNE LOTITO-SCHUH // New Yorkers are ready to lead the nation in the battle against climate change. Whether it is our homes being destroyed by intensifying storms, our flood insurance premiums rising, increased public spending on infrastructure intended to secure us from future storms or the quality of the air we breathe and the water we drink, it is little wonder that New Yorkers, and specifically Long Islanders, understand the calamitous effects of climate…


In blockchain, best chance to secure scientific data

By HENRY FOLEY // At a recent speech in Virginia, Attorney General Jeff Sessions proclaimed that undocumented immigrants in Arizona were more likely to go to jail than U.S. citizens. His source was a study by the Crime Prevention Research Center. But there was a problem. That study had a fatal flaw that undermined its conclusion. In fact, the majority of literature on the subject actually shows the reverse. This isn’t the only example of…


Smarten up: LI leaders must embrace ‘smart’ tech now

By BOB ISAKSEN // Long Island’s population is on the rise: Recent data from the U.S. Census Bureau shows three of the top-five towns for population growth in New York State are located on the Island. Although it brings immense opportunity for local communities and businesses, this growth also brings new considerations in urban planning. Long Island communities are facing new challenges with dated infrastructure, and this will have major implications for the local economy….


New York risks losing offshore wind jobs, leadership

By JOHN DURSO and ROSS GOULD // They say you need to lead, follow or get out of the way. In New York, we’ve never been good at the last two. But we are in danger to being relegated to those positions, if we don’t act affirmatively and decisively on a plan to grow our offshore wind capabilities – and, in turn, our available and high-paying jobs – on Long Island. Last week, the New…


Taking a hands-on approach to new hands-off laws

BY KEN CERINI, CPA // In light of the high-profile cases in recent news, Gov. Andrew Cuomo has signed new legislation targeting sexual harassment in the workplace. The new law went into effect April 12 and requires New York State employers to adopt sexual harassment-prevention policies and to conduct annual training on them. It also requires employers to eliminate the use of nondisclosure provisions, unless preferred by the complainant. The new law also prohibits arbitration…


Cerini & Associates launches 2018 Tax Change Blog

By EDWARD McWILLIAMS // In December 2017, the U.S. Congress passed, and President Trump signed, the Tax Cuts and Jobs Act of 2017, which will impact virtually all taxpayers in the United States. Over the coming months, we will be regularly updating the Cerini & Associates 2018 Tax Change Blog to provide helpful and meaningful information on these tax-law changes, looking at specific provisions and new laws and how they will affect certain industries. We…


Leibowitz: Governor takes the environmental mantle

By HEATHER LEIBOWITZ // The environmental initiatives outlined in Gov. Andrew Cuomo’s 2018 State of the State Address will help conserve our natural heritage and lead the way in the fight against climate change. The governor discussed a range of pro-environmental initiatives, including proposals to expand the Regional Greenhouse Gas Initiative, issue solicitations in 2018 and 2019 to develop at least 800 megawatts of offshore wind projects and foster offshore wind industries and create the…


Tax update 2018: ‘Cuts and Jobs Act’ will hit LI hard

By TIMOTHY McHALE // At first glance, the recently passed Tax Cuts and Jobs Act seems to hit Long Island – and all high-tax areas – pretty hard. One reason: Many businesses on Long Island are pass-through entities in the service sector, which do not qualify for the reduced corporate rate or the additional pass-through deductions. Pass-through entities, with the exception of service industries, are allowed a deduction (subject to limitations) that effectively taxes their…


Mobile, VR will top ‘smart’ 2018 tech trends

By MITCH MAIMAN // Technology has become such a pervasive part of our home and work life that for many of us, it’s hard to sort out the fads from the tech with lasting value. This will help: A few tech trends that defined 2017 – and will be developed even further in the coming year. Artificial intelligence and machine learning This area has been greatly hyped and has continued to get more advanced, with…


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…


Leibowitz: Congratulations, RGGI, now hit the gas

By HEATHER LEIBOWITZ // Officials and stakeholders from nine northeastern states gathered this week in Baltimore to discuss a new plan to cut pollution from power plants by another 30 percent by 2030 – an improvement of the Regional Greenhouse Gas Initiative, building on the RGGI’s success by further limiting pollution and investing more in energy efficiency and renewables. The nine states – New York, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island and Vermont,…