Opinion

50 years after Apollo, Cradle of Aviation still inspired

By ANDREW PARTON // It’s a challenging question: Can we be truly inspired by an event that occurred 50 years ago? The answer lies in the event’s impact – not just on us as individuals, but on a variety of aspects of society. In July 2019, we’ll celebrate the 50th anniversary of Apollo 11 and the landing of the first men on the surface of the moon. That event impacted not just the United States,…

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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…