Large firm quality; Small firm price | Accounting & Tax Services | Serving Long Island - New York Metro Since 1984
"Timely, consistent professional"
Johnny and Gail Covington
Sherman Oaks, California
I have found Geraldine Clahar to be an exceptionally ethical, competent and caring professional.
Charlotte Allen, L.C.S.W.
Accounting services for education and childcare
Accounting and tax services for individuals
Accounting and tax services for businesses
Professional accounting and tax services
G.A. Clahar, CPA, provides accounting services for small and mid-sized companies on Long Island and in the New York metro area. We also provide tax services to individuals nationwide. We are committed to each and every client and invite you to learn more about our high-quality, personalized, reasonably priced services.
Governor Cuomo recently signed into law a new benefit that must be offered by non-governmental companies with employees in New York State.The family leave benefit will become effective on January 1, 2018.Full-time employees become eligible for benefits after at least 30 days of employment in a calendar year.Part-time employees are eligible after 175 days of employment.Employees are guaranteed job protection while they are utilizing this benefit as well as continuation of health insurance coverage.
This benefit called “Paid Family Leave” will allow an employee to take time off from work with pay for the following reasons:
1.To care for new-born child
2.To care for a seriously ill family member
3.To assist employees when family members are called to active military service
The cost of this benefit will be paid for by employees via payroll deductions.The deduction will be .126% of weekly earnings up to a maximum of $164.55 weekly, based on the average weekly state wage of $1305.92.The average weekly wage will be re-calculated each year, so the maximum deduction will change yearly.
The paid family leave benefit will be phased in over the next 4 years.
# weeks allowed % of earnings paid
YEAR 1 8 50
YEAR 2 10 55
YEAR 3 10 60
YEAR 4 12 67
Family leave benefits will be paid directly to the employee by your NYS disability insurance carrier.The cost of coverage will be charged to the employer in increased disability insurance premiums.The family leave deductions withheld from employees will reimburse the employer for increase in premiums created by the family leave benefit.
For more information you may visit the following websites:
For professional, attentive service, contact us today for a consultation.
G.A. Clahar, CPA · 1188 Village Ave., Baldwin, New York 11510 · Phone: (516) 483-3851