Business

Congress Passes $900 Billion COVID Relief Bill

The U.S. Senate and House of Representatives overwhelmingly passed a $900 billion COVID-19 relief bill Monday night. Key provisions in the bill include: Payments of $600 for individuals making up to $75,000 per year and $1,200 for married couples making up to $150,000 per year,…

New York State Increases Exempt Salary Levels & Minimum Wage for 2020

Beginning December 31, 2019, the required minimum salary levels for executive and administrative employees to qualify as overtime-exempt in New York State will increase (New York does not have a minimum salary level for professional employees although most of these employees would still be subject…