Grassi Advisors & E-Alerts
This section is dedicated to general accounting as well as industry-specific topics and interests. Each of the following Grassi Advisor Newsletters and topical alerts are a result of our professionals’ technical expertise and extensive participation in the industries in which our clients operate
NYSDOH Seeks Input on Next Statewide Health Transformation Funding Opportunity
This week, the awardees of the 2016 Statewide Health Facility Transformation Funding Opportunity were announced. Our team at Grassi successfully assisted several clients with the application, with one award for $1.4 million for expansion of primary care services and one for $1.6 million for development of a bariatric care...The 2017 Building & Design Symposium in Review
DPAD, Succession Planning and Other Key Trends Every year, Grassi & Co. produces a Construction Industry Market Outlook Survey followed by a Symposium made up of executives within the construction industry to comment on the results of the survey. This year’s panel was comprised of: James C. Bifulco, Managing...If You Build It, Use Technology
There’s a famous movie instantly recognized by its tagline, “if you build it, they will come”. That’s exactly what Kevin Costner did—he built a farm land baseball stadium and the great players of the past came. In the movie Field of Dreams the construction process lasted a few frames...Rebuilding NYC Construction Safety Standards
New safety standards, the STEP program and digital learning, are impacting construction companies, their personnel, engineering and design firms, and all others along the supply chain in the NYC construction industry. The financial and operational implications of these changes are worthy of consideration. NYC Construction Safety Reform Reform would...E-Alert: IRS Issues Notice on Implementation of Executive Order 13789
On July 7, 2017 the internal revenue service issued Notice 2017-38, 2017-30 IRB[1] which announced the implementation of Executive Order 13789. Executive order 13789 was issued by President Donald J. Trump on April 21, 2017, and was a directive designed to reduce tax regulatory burdens. This executive order instructed...NYS Paid Family Leave
NYS Paid Family Leave Effective 7/1/2017 for deductions Effective 1/1/2018 for use What is it?: New York’s Paid Family Leave program provides wage replacement to employees to help them bond with a child, care for a close relative with a serious health condition, or help relieve family pressures...Be Prepared for Medicare MBI!
As a part of the MACRA 2015, CMS is required to remove the Social Security number or SSN from Medicare cards by April 2019. New Medicare Beneficiary Identifier (MBI) will replace the SSN. Be prepared! CMS is currently working with all parties that use the current Medicare ID...Hiring Experts During a Divorce
Divorce can be a time of great uncertainty for families. With both partners’ worlds turned upside down, everyone is trying to figure out the best way to survive the process. While a myriad of confusing questions come to the forefront, the first one to address is whether or not...Telehealth Services
The recent bill passed in NYS, S3293 amends subdivision 3 of section 2999-cc of the public health law by expanding Telehealth services for children. The expansion authorizes the delivery of Telehealth services at any public, private school or charter elementary or secondary school, or child care program or center...Maximizing Your ERP Investment
In the world of Manufacturing and Distribution, many CEO’s and CFO’s are convinced they are simply too busy managing daily business operations and finance to find the time to critically review their company’s day-to-day ERP system processes. While it’s a fact they are busy, there also tends to be...
