Some phony charities will have names that are similar to well-known organizations, as well as websites that sound or look like those of legitimate organizations.
The IRS has a charity search feature, Tax Exempt Organization Search, that allows people to find legitimate, qualified charities to which donations may be tax-deductible.
If requested, charities can provide their Employer Identification Number (EIN) which can be used to verify their legitimacy through the IRS charity search tool.
Starting 12/31/2018 through 12/30/2019, the basic minimum wage will be $11.10 per hour in most of New York State.
The minimum wage rate differ based on: the fast food industry, tipped workers, Long Island, Westchester County, large and small employers in New York City.
General Minimum Wage Rate Schedule
NYC – Large Employers (of 11 or more) $15.00
NYC – Small Employers (10 or less) $13.50
Long Island & Westchester $12.00
Remainder of New York State $11.10
For more information on the increased minimum wage specific to your industry, please click here.
Employers must post a Minimum Wage Information poster as well as various other posters in their place of work visible to all employees.
Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station.
For more details see Notice-2019-02.
Beginning in October 2018, all New York State employers, regardless of size, must adopt a sexual harassment prevention policy. Aside from implementing the policy, employers must conduct training or use a similar policy that meet or exceeds the law’s minimum standards.
All employees must complete the training by October 9, 2019. Employers are required to ensure that all employees receive training on an annual basis.
For more information, model policies and training sessions as well as a toolkit for employers, please visit NYS Combating Sexual Harassment in the Workplace.
On November 2nd, the African American Men of Westchester and the Business Council of Westchester will host its 28th Annual Brotherhood Breakfast. This will be an excellent opportunity to network with business leaders and government officials.
Our thought leadership discussion this year is STEM and the importance of having a STEM-Literate Workforce in all businesses.
I hope you will consider attending. You may register at 2018brotherhoodbreakfast.eventbrite.com
Thank you
Wiley Harrison
Breakfast Chairperson
Congratulations to BYB’s Wiley Harrison on his recent appointment to Westchester County Executive George Latimer’s MWBE Task Force.
The task force was created to address the needs and challenges of Minority and Women-Owned Businesses (MWBE) in Westchester County in order to help them grow and succeed.
“The bottom line is this – we need to attract businesses and keep businesses here in Westchester County to keep our economy thriving. When our businesses thrive our County thrives, and we want to partner with those businesses, large and small, to meet their employment needs and technology needs.” – County Executive Latimer
From 12/31/2017 to 12/30/2018, the basic minimum wage is $10.40 per hour in most of New York State.
There are different minimum wage rates for: the fast food industry; Long Island; Westchester County; and large and small employers in New York City.
General Minimum Wage Rate Schedule
NYC – Large Employers (of 11 or more) $13.00
NYC – Small Employers (10 or less) $12.00
Long Island & Westchester $11.00
Remainder of New York State $10.40
For more information on the increased minimum wage specific to your industry, please visit the NYS Department of Labor.
Employers must post a Minimum Wage Information poster in their place of work.
On July 19, Governor Cuomo announced final regulations implementing New York’s nation-leading Paid Family Leave (PFL) program. The state’s PFL program will provide New Yorkers with job-protected, paid leave to bond with a new child, care for a loved one with a serious health condition or to help relieve family pressures when someone is deployed abroad on active military service.
Insurance companies notified disability benefits (DB) policyholders that PFL will be added to their DB policies effective January 1, 2018. Nearly all employees of DB policyholders will be automatically covered for PFL.
PFL will be funded through employee payroll deductions. As an employer, you are responsible for collecting the appropriate PFL contributions to cover the cost of the program. You may begin employee payroll deductions for PFL as of July 1, 2017.
The rate of PFL is 0.126% of the employee’s weekly wage, not to exceed 0.126% of the current New York State average weekly wage (AWW) of $1,305.92.
Please review the fact sheet for further information.
Town of Greenburgh Attorney, Tim Lewis, annually visits The BYB with Summer Interns.
These students are from local colleges and high schools looking to prepare themselves for the next step.
The Summer Interns asked Wiley various questions as he answers to the best of his ability.
The video touches base on interpersonal skills, career paths, and much more.
Watch the video to hear what Wiley has to say…
Dont forget to share the knowledge!
Miscellaneous Income should be reported. Payments for services performed for your trade or business is reflected on form 1099-Misc.
If the following four conditions are met, you must generally report a payment as nonemployee compensation.
1. You made the payment to someone who is not your employee;
2. You made the payment for services in the course of your trade or business (including government agencies and nonprofit organizations);
3. You made the payment to an individual, partnership, estate, or in some cases, a corporation; and
4. You made payments to the payee of at least $600 during the year.
For more information, click the link below to read more!
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