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USDOL issues proposed regulations on white-collar exemptions

On March 7, 2019, the U.S. Department of Labor (USDOL) issued proposed regulations that would increase the minimum weekly salary to qualify for the Fair Labor Standards Act white-collar exemptions from $455 per week ($23,660 per year) to $679 a week ($35,308 a year).  These new proposed regulations are intended to replace the USDOL’s 2016 […]

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Ithaca College to establish analytics labs in School of Business

ITHACA — Ithaca College recently announced it will establish a pair of business analytics laboratories in its School of Business this fall.  The two dedicated business analytics lab spaces at the college will “provide students with hands-on experience to help them thrive in a world that relies on data to drive innovation,” it said in

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Bond law firm appoints leader of new pro bono committee

Bond has appointed John H. Callahan as pro bono leader of this committee. He is a long-time member of the Syracuse–based firm, former chair of its litigation department, and a current member of its management committee. The firm’s new pro bono policy encourages lawyers to work up to 50 hours per year on pro bono

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Business so Tweet: how Twitter drives business growth beyond marketing

Taber is part of a new style of business. She uses Twitter threads to discuss often controversial industry topics with other industry professionals, the media, and the general public. But far from using Twitter as a “shock jock” or promotion for her brand, the social-media platform is the bread and butter of her business model.

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Global Intangible Low-Taxed Income: A Shiny New Tool in the IRS Toolbox

Congress passes the tax laws, the Treasury Department collects the Tax revenues, and the IRS oversees the reporting and collection process. The Tax Cuts and Jobs Act (TCJA) of 2017 added a new U.S. revenue stream — global intangible low-taxed income, or GILTI. Those owning an interest in a foreign corporation should take note, as

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Road and Bridge Funding Needed in Upstate New York

Our local roads and bridges are in need of serious investments. New York State Comptroller Thomas DiNapoli forecasts $89 billion in unmet local infrastructure needs over the next 20 years with as much as $27.4 billion needed for bridges alone. The responsibility to take care of these major infrastructure costs, however, lies on the backs of local

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Accountability Makes Good Government

As various U.S. House of Representatives committees gear up for a season of investigations and hearings on President Trump and his administration, many people are worried that progress on the nation’s challenges will grind to a halt. I would argue just the opposite — the wheels of government are turning in favor of accountability. Our

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KATIE TASCIONE

KATIE TASCIONE recently joined Dermody, Burke & Brown, CPAs, LLC as a senior associate in its Syracuse office. She is part of the accounting firm’s tax department and comes to Dermody, Burke & Brown with four years of previous experience in public accounting, the firm said. Tascione previously worked for Firley, Moran, Freer & Eassa,

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ALICE CHENEY

Key Private Bank has promoted ALICE CHENEY to associate relationship manager. In her new role, she will work with her team to build existing client relationships and uncover new business. Cheney joined Key Private Bank in Syracuse in 2012 as a relationship associate. She also worked at KeyBank as a teller and assistant branch manager.

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