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VIEWPOINT: Year-End Tax-Planning Tips
As we navigate the hustle and bustle of another holiday season, many of us are reflecting on the whirlwind that was 2021. We often spend the latter portion of the year looking back on our cherished memories and celebrating. However, there is a looming consideration that should not be missed: year-end tax planning. In hopes of making […]
Ask Rusty: Is Waiting until 70 Still the Best Plan to Maximize Social Security?
Dear Rusty: My wife started her Social Security at 62 in March 2017 and I filed a restricted application to collect a spousal benefit from her shortly thereafter. Our plan is for me to file for my own Social Security later this year when I turn 70. Then my wife will file for her spousal
VIEWPOINT: Cicero native welcomes challenges of serving in U.S. Navy
A Cicero native is serving aboard USS Essex, a U.S. Navy Wasp-Class amphibious-assault ship. Petty Officer 1st Class Joseph Rolfe is a 1998 Cicero-North Syracuse High School graduate and a 2001 Onondaga Community College graduate. Today, Rolfe serves as a mass-communication specialist responsible for television, radio production, and photography services. Rolfe says he joined the Navy
VIEWPOINT: The Structural Requirements for an Effective Compliance Program
As a condition of Medicaid payment, New York State requires certain Medicaid providers, including managed care and managed long-term care companies, to develop and implement effective compliance programs to deter fraud and waste and correct non-compliance with Medicaid requirements. New York State made amendments in 2020 to the Social Services Law section 363-d (“SSL 363-d”). This established
VIEWPOINT: New York Expands Employee Whistleblower Protections
On Oct. 28, 2021, Gov. [Kathy] Hochul signed legislation that significantly expands the scope of New York Labor Law Section 740 (NYLL 740), the state’s “whistleblower” protection law covering all private-sector employees. Most notably, beginning in January 2022, employees and independent contractors will be protected for reporting employer activity that they reasonably believe violates any law, regardless
Baldwinsville native supports Navy task group countering Russian undersea threats
Chief Petty Officer Thomas Werth, a native of Baldwinsville, will support the U.S. Navy’s new Task Group Greyhound while serving aboard USS Thomas Hudner. The task group was established to ensure warships in the Western Atlantic are continuously ready to accomplish a full range of on-demand missions including missions to counter Russian undersea threats to the
VIEWPOINT: N.Y. Employers Now Must Provide Notice of Electronic Monitoring
On Nov. 8, 2021, New York Gov. Kathy Hochul signed a bill amending New York’s Civil Rights Law by adding a new section that requires employers to give prior written notice of any electronic monitoring to employees upon hire. The law takes effect on May 7, 2022. The law applies to all private-sector employers in New York,
CEO FOCUS: A Unicorn, an Acquisition, & Millions in Investments
These are worth celebrating in CNY’s startup ecosystem Over the past few weeks, several significant announcements have placed a spotlight on the strength of our innovation ecosystem, serving as categorical proof that Central New York is a place where tech companies and startups can grow and thrive. Among the most exceptional, CenterState CEO member and Tech
Ask Rusty: Is Taxing Social Security Fair?
Dear Rusty: Taxing Social Security benefits isn’t fair. It would benefit everyone if seniors could earn as much as possible without having their Social Security taxed. We would still be paying into Social Security which would help the fund. I also feel that all people earning over $100,000 should pay into Social Security because they
NONPROFIT MANAGEMENT: Accepting the Torch and Things to Think about for Improving Retention
I would like to begin by thanking Jerry Archibald, who has been writing this column for over a decade. Like many of you, I have thoroughly enjoyed reading his insightful and perceptive articles. They have been used by countless tax-exempt organizations in our community to enhance their knowledge of how legislation, accounting standards, and a multitude
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