Stephen Augstell, senior vice president for Key Private BankBy Stephen J. Augstell, MS, CFP For many years, the state of Delaware has developed the reputation as a friendly jurisdiction for U.S. business because of its advantageous tax code and pro-business...
Business Report: A Key To Financial Success
Bob Ricciardelli, partner in the firm of Whittemore, Dowen & Ricciardelli LLP.By Bob Ricciardelli, JD, CPA As a CPA and business advisor practicing for close to 20 years in fairly large firms, I have had the opportunity to see firsthand...
Business Report: Classify Construction Employees Correctly
Steve Cardinal is a partner at Teal, Becker & Chiaramonte CPAs, PC.By Steven Cardinal, CPA For many years now, the IRS has been monitoring and often challenging employers' handling of independent contractors. The agency contends that some companies are misclassifying...
Business Report: Put Mission Statement In Business Plan
Jonathan "Pete" Steffan, managing partner, Grove Associates, Glens Falls By Jonathan "Pete" Steffan, SPHR Many small businesses are one or two-person creations; an idea, a dream, a concept. If the business stays very small, it can work. Two people can...
Responsibilities Of Nonprofit Boards
Frank Venezia, director at Marvin and Co. PC, which has an office in Queensbury By Frank Venezia , CPA Oversight and management of financial resources is a major concern for all nonprofit organizations, regardless of whether they are a...
Retirement Straight Talk
By Stephen J. Augstell , MS, CFP Americans are not saving enough for retirement. This is hardly breaking news. When measured against accepted benchmarks--85 percent replacement of preretirement income or 50 percent of preretirement income, if you factor income...
Business Report: Will Tax Laws Make Refund Disappear?
Dale L. Mullin, partner with Whittemore, Dowen & Ricciardelli LLP. By Dale L. Mullin CPA, CFP The government shutdown was a hotly debated topic of discussion for almost everyone and yet was barely an inconvenience for most people. By...
Business Report: Have You Started Taking Your RMDs?
Brian Ostrander, financial advisor, Edward Jones Investments in Glens Falls. By Brian Ostrander, CHFS, CLU, AAMS Throughout your career, you have been working hard to save in one or more retirement accounts. Then, once you retire, you'll have some...
My Turn: ARCC Membership Is Growing
Pam Fisher, membership manager, Adirondack Regional Chamber of Commerce By Pam Fisher Just last year, a national survey of 2,000 adults revealed that being active in a local chamber of commerce is an effective business strategy. Two-thirds of consumers...
My Turn: Archaic Scaffold Law Hurts NYS
Annemarie Mitchell, CEO and president of Legacy Timber Frames Inc By Annemarie Mitchell There has been a lot of buzz lately about the New York State Scaffold Law. It is an archaic law on the books that predates workers...