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Here we are, nearing year-end, and everyone’s favorite topic — income-tax planning. This year you should be hearing your CPA mention things like net investment income tax and the unknowns around the fate of the “extenders.” While the net investment income (NII) tax is not pleasant, it exists and can be counted on as a […]
“The only thing that saves us from the bureaucracy is its inefficiency.” — Eugene McCarthy We’ve all seen the news reports on the ability of “computer hackers” to access electronic information that is reportedly well protected. These reports are relatively ominous. Millions of individuals have had their credit-card information illegally obtained. Hackers around the globe
CNY CEO: A chat with Dave Shiroff, owner of Metro Mattress
Editor’s Note: CNY CEO is a new feature appearing regularly (about every month) in The Central New York Business Journal, authored by guest writer Jeff Knauss who is president of his own digital-marketing firm. In each edition of CNY CEO, Jeff will chat with a different top executive of a Central New York business or
Because of my gender and race, throughout my working career and life, I have been part of the privileged class. Things have been easier for me because of how I look and what I am — a white male. And while I have taken advantage of my situation, I have also been open to creating
The Health-Care Law Continues to Shift Costs to Employers
CEOs and CFOs across the country have been challenged with the need to offer a competitive employee-benefits plan that both meets requirements established under the Affordable Care Act (ACA) and remains affordable to the organization. With several of ACA’s mandates requiring employers to offer an increased number of covered benefits, many of which are at
5 Strategies for Small-Business Owners to Lower Taxes before the End of the Year
Although you may not be thinking about tax-season preparation just yet, fall is the perfect opportunity to get ahead and organized. Small-business owners and entrepreneurs typically rush to pull together reports at the end of the year, which can become stressful and hectic. All business owners — including doctors and dentists managing their own practices,
Five Signs that your Business is Doomed
We have seen many companies go into bankruptcy over the years, and there are some common issues with most of them. These are issues that may not necessarily show up on the accounting balance sheet, but in my experience they are sure signs that trouble is ahead. If some of the signs on this list
The Impact of Media Coverage on your Reputation
As public-relations professionals, a lot of what we do involves managing an organization’s reputation. For the most part, the more media attention your organization receives, the more your stakeholders will recognize you. But today, visibility isn’t enough. It’s the content of news stories that determines whether your audiences will have a favorable impression of you. So
What does the Affordable Care Act’s Contraceptive-Mandate Controversy Mean for your Benefits Plan?
This past summer, the U.S. Supreme Court decided a monumental case regarding the Affordable Care Act’s (ACA) contraceptive mandate, with potential implications for employers across the nation offering employee health benefits. Though the Supreme Court issued a final ruling, much debate has continued regarding the rights of nonprofit and for-profit, religious-based organizations, specifically in complying
Five Lessons from the Whiskey Rebellion
Citizens are more willing to support tax increases when they believe someone else will be paying them, especially if they think that someone deserves it. Consequently, when looking for sources of revenue, government officials like to find an unpopular vice and slap a tax on it. The earliest and first U.S. tax-inspired revolt was the
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