Listen to this article Corporations and limited liability companies (LLCs) must file beneficial ownership information with the federal government by Jan. 13, after an injunction was lifted by a court ruling this week. The U.S. Court of Appeals for the Fifth Circuit lifted the nationwide preliminary injunction that had temporarily suspended enforcement of the reporting…
Listen to this article This year, a total of $358,000 was awarded to 40 artists and 20 arts organizations, through the Huntington Arts Council’s Long Island Grants for the Arts program. The Huntington Arts Council (HAC) celebrated the grant recipients at a ceremony last week at the Cinema Arts Centre in Huntington. HAC leaders were…
Listen to this article For some New Yorkers, this year’s holiday season is triggering anxiety over money, health concerns and more. That’s according to the latest Mount Sinai South Nassau “Truth in Medicine” poll. Making ends meet during the holidays is the leading concern of 38% of respondents, followed by gaining weight and “not enough…
Listen to this article The PSEG Foundation increased its charitable giving this year to $1.2 million, up from $1 million in 2023. The foundation’s Neighborhood Partners Program, or NPP, has supported communities on Long Island and across New Jersey for the last decade, granting nearly $8 million to 400 nonprofits. Last week, the organization held…
Listen to this article Long Island gained the second most jobs of any area in the state over the past year, trailing only New York City. That’s according to the latest report from the New York State Department of Labor, which found that Nassau and Suffolk counties added 18,900 non-farm jobs from Nov. 2023 through…
Listen to this article The Nassau Boards of Cooperative Educational Services (BOCES) recently honored more than 100 industry business leaders at its annual industry advisory recognition brunch. Prepared and served by BOCES culinary students, the brunch was an opportunity to thank BOCES board members, administrators, faculty and staff for their support. At the brunch, guests…
Listen to this article The home of a Commack family that is grappling with health and financial challenges now has a new roof and other repairs – just in time for the holidays. That effort is thanks to a group of local contractors and roofing material manufacturers who donated their time and materials to the…
Listen to this article The New York State Public Service Commission adopted a $42 million settlement with National Grid and two of its subsidiaries to resolve issues surrounding a bribery and kickback scheme by former utility employees. The settlement announced Thursday stems from the 2021 arrest and conviction of five managers of National Grid companies…
Listen to this article Teachers Federal Credit Union, headquartered in Hauppauge, has surpassed $1 million in annual charitable donations to 105 nonprofits across the country, in what the credit union described as “a record breaking year of charitable giving.” Capping off this effort, the credit union completed its fourth annual “Season of Giving” campaign by…
Listen to this article As part of the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, a 10-year rule was introduced which requires certain beneficiaries of IRAs to liquidate the inherited accounts within the 10-year period following the death of the original account owner. From the beginning, there was confusion surrounding how…