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What’s Next for EMS in New York?

What’s Next for EMS in New York?

New York State appears to be stepping up to get a grasp on the EMS crisis and plotting a potential course for what’s next. Across the nation, EMS is in crisis. Response times are longer. More workers are leaving the field than entering it, with mental health and burnout to
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Keeping Up with Evolving Cybersecurity Plans and Resources

Keeping Up with Evolving Cybersecurity Plans and Resources

While Federal and New York state cybersecurity efforts have made huge strides over the past several years, a report issued by the New York State Comptroller last October indicated cyberattacks are continuing at alarming rates, with attacks on critical infrastructure in New York almost doubling in the first half of
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What’s the latest on AI regulations in New York?

What’s the latest on AI regulations in New York?

Last updated on May 3rd, 2024In the absence of Federal legislation governing AI, states are taking it upon themselves to try to get ahead of, or at least keep up with, its development and use. New York is among the forerunners, with legislation already adopted for state agencies and more
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Touching Base on the SLFRF: Are You Up to Date?

Touching Base on the SLFRF: Are You Up to Date?

In the blink of an eye, key State and Local Fiscal Recovery Fund (SLFRF) deadlines are approaching. SLFRF recipients have until December 2024 to obligate SLFRF allocations and until December 2026 (September 30, 2026 for Surface Transportation and Title 1 projects) to spend them. In the meantime, the annual reporting deadline
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Update on Safeguarding Tomorrow Revolving Loan Fund to Help Communities Adapt to Climate Change

Update on Safeguarding Tomorrow Revolving Loan Fund to Help Communities Adapt to Climate Change

Since 2021, we’ve been hearing about Safeguarding Tomorrow Revolving Loan Fund (RLF), a program designed to help communities address vulnerabilities to natural hazards and disasters attributed to climate change. Eligible communities in New York may benefit from the program starting later this year. From February to April of 2023, states,
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Update on GASB Proposal: Disclosure and Classification of Certain Capital Assets

Update on GASB Proposal: Disclosure and Classification of Certain Capital Assets

Last updated on January 25th, 2024Last September, the Governmental Accounting Standards Board (GASB) issued a proposal to require certain types of capital assets be disclosed separately for purposes of note disclosures and certain assets to be classified as “held for sale.” Stakeholders have been reviewing the proposal and comments were
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REMINDER! GASB Statement 101 on Compensated Absences Effective After December 15, 2023

REMINDER! GASB Statement 101 on Compensated Absences Effective After December 15, 2023

Last updated on December 22nd, 2023It has been almost a year and a half since GASB 101 on compensated absences was issued to  standardize how compensated absences are recognized, measured and disclosed. It takes effect for fiscal years beginning after December 15, 2023, although earlier application was encouraged. As a
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Plan for Pension Contribution Increases in Your Budget

Plan for Pension Contribution Increases in Your Budget

When the 2024-2025 budget season gets underway, be sure to account for increases in New York State and Local Retirement System (NYSLRS) employer contribution rates. The NYSLRS is made up of the Employees’ Retirement System (ERS) and the Police and Fire Retirement System (PFRS). The two systems pay retirement and
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Times Herald Record Readers Choice Winner 2021

Voted Best Accounting Firm
in the Region!

Voted Best Tax Preparers
in the Region!

Voted Best Financial Planners
in the Region!

Voted Most Innovative
Work Place!

Voted Best Overall Employer

Lake Katrine Office Temporarily Closed

The Lake Katrine office location will be temporarily closed for the next few months due to office renovations. All Lake Katrine employees can still be reached at the LK phone number, email and other office locations! Thank you for your patience & looking forward to serving you from our newly updated office space!

Map of Qualified Census Tracts (QCTs)

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