Generally In 2021, Congress passed the Corporate Transparency Act (CTA) on a bipartisan basis. This law created a new Beneficial Ownership Information (BOI) reporting requirement as part of the U.S.......
The purpose of this General Information System (GIS) message is to inform local departments of social services (LDSS) of the revised federal poverty levels (FPLs). The revised FPLs are effective......
The purpose of this General Information System (GIS) message is to inform local departments of social services of the year 2024 Medicaid regional nursing home rates which must be used......
The Internal Revenue Service announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Revenue Procedure......
The purpose of this General Information System (GIS) message is to provide information and guidance on the coordination of hospice services. This guidance provides, in addition to other information, that......
The purpose of this General Information System (GIS) message is to inform local departments of social services (LDSS) of updates to the provisions of GIS 23 MA/03 (“Unwind of Medicaid......
As advised in Administrative Directive 06 OMM/ADM-5, “Deficit Reduction Act of 2005 – LongTerm Care Medicaid Eligibility Changes”, the life expectancy table issued by SSA is required to be used......
Do assets received by a beneficiary of a “Grantor trust” on the death of the Grantor receive a “step up in basis”? On January 9, 2023 IRS issued Revenue Ruling......
Throughout the pandemic, the federal Public Health Emergency (PHE) designation has provided important consumer protections, bolstering the State’s efforts to ensure access to health coverage and care for New Yorkers.......
GIS 23 MA-02 Updated Medicaid Levels: The 2023 Federal Poverty Level Numbers were released in the Federal Register Notice dated 1/19/2023 triggering the New York State Department of Health (“NYDOH”)......
The Relief The Department of the Treasury and the Internal Revenue Service (IRS) intend to issue final regulations related to required minimum distributions (RMDs) under section 401(a)(9) of the Internal......
GIS 22 MA-12 Update Regional Rates: The purpose of this General Information System (GIS) message is to inform local departments of social services of the year 2022 Medicaid regional nursing......
The purpose of this General Information System (GIS) message is to provide local departments of social services with the updated life expectancy table issued by the Office of the Chief......
FROM THE FDIC WEBSITE: Revocable and Irrevocable Trust Rule Change Effective April 1, 2024 Mortgage Servicing Accounts Rule Change Effective April 1, 2024 All the rules discussed in this section......
New York Independent Assessor (NYIA) Chapter 56 of the Laws of 2020 authorized the Department of Health (Department) to contract with an entity to conduct an independent assessment process for......
Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) On 12/20/19 President Trump signed into law the “Further Consolidated Appropriations Act, 2020 (H.R. 1865)” which included......
The Social Security Administration (SSA) has published changes to social security rates, benefits etc. that take effect on January 1, 2022. Click here for the Social Security Administration’s “Social Security......
GIS 21 MA-26 Update Regional Rates: The purpose of this General Information System (GIS) message is to inform local departments of social services of the year 2022 Medicaid regional nursing......
The purpose of this General Information System (GIS) message is to provide local departments of social services with the updated life expectancy table issued by the Office of the Chief......
Dear Clients, Friends, and Colleagues: Gov. Andrew M. Cuomo has announced that he will end New York State’s declared disaster emergency today in response to declining COVID-19 case numbers and......