Update The Act has been amended to extend the deadlines described below. The NYDOL now has until July 5, 2021 to issue industry-specific airborne infectious disease prevention standards. Once these standards are issued, employers will have 30 days to adopt a disease prevention plan in accordance Continue Reading
Keeping the Faith…less Servant Doctrine Alive
The Bottom Line New York employees have a (legal) duty of loyalty to their employers – under the state’s faithless servant doctrine, a court may require an employee to return compensation received from their employer during any period when the employee was disloyal. A recent decision by the Continue Reading
Additional Tax Credits to Employers Who Extend FFCRA Benefits Through September 2021
The Bottom Line The American Rescue Plan Act of 2021 (ARPA), signed into law by President Biden on March 11, 2021, included a voluntary extension of the Families First Coronavirus Response Act (FFCRA). The extension allows eligible employers to continue to receive tax credits for Continue Reading
Taxing Digital Advertisements Face Stiff Legal Challenges
The Bottom Line The economic impact of COVID-19 cannot be understated; one impact has been to local and state budgets. States have experienced significant budget shortfalls due to limited economic activity and, as a result, state legislatures are searching for ways to raise revenue in order to Continue Reading
Under the Hood of Subprime Auto: The Timing’s Right for Introspection
New York Legislation Provides Employees with Paid Leave for COVID-19 Vaccinations
Update Governor Andrew Cuomo signed the legislation described in this Alert on March 12, 2021. The Bottom Line New York’s Legislature recently passed a bill, which, if signed into law by Governor Andrew Cuomo, would temporarily amend the New York Labor Law to require New York employers Continue Reading
Subscription-Based Marketers Should Prepare for NY’s New Automatic Renewal Law
The Bottom Line As more and more marketers take to the Internet to provide goods and services in this post-pandemic era, subscription-based offerings are on the rise. With the click of a mouse, consumers can get everything from vitamins, to wine, to work out gear on an auto-recurring basis. Continue Reading
NAEPC Journal of Estate & Tax Planning | The Improved Power to Plan: NY Amends Its Power of Attorney Forms and Laws
As advisors, we are often charged with the implementation of our best-laid plans for our clients. Who hasn’t experienced the frustration and confusion when one of our planning documents is submitted to a financial institution and rejected, perhaps with little or no explanation? How much do we wish Continue Reading
Don’t Smile at the Camera — New Biometric Data Laws
The Bottom Line The confluence of privacy, security, societal and other reasons have resulted in increased scrutiny over the use of biometric data through new proposed laws. In the absence of a consistent federal standard, businesses should assess their biometric data collection and use practices Continue Reading
NYC Sick Time Law Amended to Align with New York State Law
Update as of October 28, 2020 The NYC Department of Consumer and Worker Protection (DCWP) has issued an updated ESSTA Notice of Employee Rights regarding safe and sick leave. All NYC employers should add this updated Notice to new hire onboarding materials. The DCWP has also confirmed Continue Reading