EVENT SPOTLIGHT
Thursday, April 26, 2018
8:00 a.m. - 10:00 a.m.
IBEW Local 25
370 Motor Parkway
Hauppauge, NY

Campolo’s Initiatives to Grow Hauppauge Industrial Park and Drive Local Economy Are Focus of HIA-LI Panel

As Chair of the  HIA-LI  Board of Directors,  Joe Campolo  is spearheading initiatives to bring investment and growth to the Hauppauge Industrial Park - the second largest industrial park in the nation after Silicon Valley. Join us this Thursday to learn about these initiatives, the economic impact of the park on the Long Island economy, and the collaboration between HIA-LI and Stony Brook University to grow this economic powerhouse.
MAKING AN IMPACT
CMM Brings Together Leading Authorities in Business, Law, and Sociology to Collaborate on Next Steps for Business in the #MeToo Era

Over 150 guests joined moderator  Joe Campolo  at Crest Hollow Country Club for an engaging, solution-focused discussion on the next steps for businesses in the age of #MeToo featuring Hon. A. Gail Prudenti (Dean of  Hofstra Law School  and former Chief Administrative Judge of the State of New York), Professor  Michael Kimmel (Distinguished Professor of Sociology at  Stony Brook University  and Director of its  Center for the Study of Men and Masculinities ), and  Carol Allen  (CEO of  People’s Alliance Federal Credit Union ). The wide-ranging conversation focused on generational issues and practical, actionable strategies to engage men and women in fostering supportive and respectful workplaces.
CMM Live provides a forum to interview and educate thought leaders about the critical issues that impact Long Island business. Our mission is to find solutions and invite discussion into the matters that affect us all.
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Missed an episode? Watch our recent shows here:
Energy on Long Island featuring Scott Maskin of SUNation Solar Systems and Mohan Wanchoo of EC Infosystems and Jasmine Universe
Hunger on Long Island featuring Randi Shubin Dresner of Island Harvest and the Future of Commercial Real Estate featuring
Don Catalano of iOptimize Realty
Mark your calendar for our next episode: The Nonprofit Sector
Tuesday, May 15, 11:30 am
CMM SPOTLIGHTS
Joe Campolo recently caught up with CMM clients and friends who are redefining innovation and success on Long Island. Meet some of them here.
What’s the sign of a successful day at  Flexible Systems ? When clients don’t call. “Our goal is to service our clients so well that they don’t need to call us,” said co-founder  Marty Schmitt. “When they don’t have IT problems to call about, that’s how we know we’re doing our job.”

CMM and Flexible are longtime collaborators on cybersecurity issues. Read more about Flexible here.
How do you transition from distributing paper products stored in your mother-in-law’s garage using an old van to owning a 150,000-square foot facility and becoming one of the leading distributors of general merchandise and food throughout the world? According to  David Emrani, co-founder and president of  Pride Products based in Ronkonkoma: “a lot of hard work.”

Read more about CMM client Pride Products here.
Innovation doesn’t always come in the form of small tech startups dotting the halls of sleek business incubators. Sometimes, innovation comes in the form of a 60+-year-old bank with 72 offices nationwide and $48.7 billion in assets. “The culture at City National Bank is to put people first,” veteran Long Island banker Davi Tserpelis explained, “and not every banker is the right fit. We look for people who want to take the time to get to know clients and get creative finding solutions for their needs."

Joe recently had the opportunity to welcome West Coast-based City National Bank to Long Island. Read more here.
Cerini Logo
Tax season may be behind them, but the team at Bohemia-based  Cerini & Associates isn’t coming up for air just yet: after tax season comes Imagine season. Six years ago, this full-service accounting firm, under the leadership of Managing Partner  Ken Cerini, introduced the  Imagine Awards to the Long Island nonprofit and business community.

Joe caught up with our long-time clients and friends at Cerini & Associates about the extraordinary momentum of the Imagine Awards. Read about it here.
INTERNATIONAL BUSINESS
*This article does not necessarily reflect the views of CMM and does not constitute legal or tax advice. Please consult with your accountant about your particular tax situation.
Tax Cuts and Jobs Act –
How Are You Going to React?
Part 2 – International Provisions

By Alan R. Sasserath , CPA, MS*

As discussed in my previous article, the Tax Cuts and Jobs Act (“TCJA”) is here to stay and our challenge is to understand how to react to it to minimize our taxes. This article focuses on the international provisions of the TCJA and how U.S. companies with foreign operations and foreign companies with U.S. operations should react. If you own all or part of a foreign company or are thinking about expanding your business beyond the U.S., read on.
CMM HEADLINES
LEGAL UPDATES
How to Negotiate with North Korea
When handling an important negotiation, the parties must take it seriously and be prepared. This approach is a must whether you’re negotiating a small business deal or about to engage in diplomatic negotiations. Check out these tips for the sit-down with North Korea’s Kim Jong Un.
To Disclose or Not to Disclose:
The DOJ’s New Anti-Corruption Corporate Enforcement Policy
In April 2016, the Department of Justice (DOJ) launched an experimental Foreign Corrupt Practices Act (FCPA) self-reporting policy known as the “Pilot Program.” For those unfamiliar, the FCPA is a U.S. law that prohibits businesses from bribing foreign officials and requires certain accounting transparency among public companies. Read more about the delicate issues surrounding self-reporting potential criminal liability.
Residential Landlords: Beware of New Certificate of Occupancy Rules
New York residential landlords, beware. Recent changes to New York's Real Property Law require that a valid certificate of occupancy be in place before entering into a residential lease agreement with a tenant for real property of three or fewer units. Find out the specifics of what this law entails and get answers to your compliance questions.
Hiding and Seeking Information
During Litigation: Disclosure of Information Contained in Private Social Media Accounts
Hide and seek. It’s a cute game when kids play, but what about in the context of a contentious litigation? Given the prevalence of social media, the first point of attack to collect necessary intelligence tends to be the opposition’s social media accounts. The instantaneous nature of social media provides a window into the opposition’s everyday life. Learn the surprising ways this can play out in the courtroom.
Campolo, Middleton & McCormick, LLP
Ronkonkoma & Bridgehampton, New York