New York State Liquor Authority Guidance on Outdoor Expansion of Licensed Premises in Response to COVID-19 Outbreak

Effective Thursday, June 4, 2020 Pursuant to the Governor’s order, effective Thursday, June 4, 2020, all licensees in regions that have entered phase 2 of reopening and which have on-premises service privileges under the Alcoholic Beverage Control Law (ABC Law) may, subject to the guidance below, resume outdoor, on-premises service of alcoholic beverages and/or food.  This […]

This just in from the ASBDC in DC….

The U.S. Senate by unanimous consent cleared the House-passed bill to extend the Paycheck Protection Program. The bill: ·         Extends the PPP loan forgiveness period to include costs incurred over 24 weeks after a loan is issued or through Dec. 31, whichever comes first. Businesses that received a loan before the measure is enacted could keep […]

IRS announces Form 1040-X electronic filing options coming this summer; major milestone reached for electronic returns

WASHINGTON- The Internal Revenue Service announced today that later this summer taxpayers will for the first time be able to file their Form 1040-X, Amended U.S Individual Income Tax Return, electronically using available tax software products. Making the 1040-X an electronically filed form has been a goal of the IRS for a number of years. […]

Community Foundation of Orange and Sullivan Hosts Free Webinar for Professional Advisors

Community Foundation of Orange and Sullivan Hosts Free Webinar for Professional Advisors Webinar will address the impact of new federal legislation on retirement accounts. MONTGOMERY, NY (June 1, 2020) – The Community Foundation of Orange and Sullivan (CFOS) is hosting a free webinar for professional advisors on Thursday, June 11 at 9:30 a.m. The webinar “Impact […]