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Annual Tax Cost-of-Living Adjustments on Retirement Plans
It seems that one constant in life is the ever-rising cost of living. If you do a quick Google search on the cost of living
New York employers report need for skilled labor; apprentice programs help fill gaps
A recent report published by the New York State Department of Labor indicates that employers are facing labor shortages as they seek workers to fill skilled trade jobs. The report states that these shortages are mainly due to baby boomers retiring. The demand for skilled labor represents a good opportunity for high-school graduates and individuals
The U.S. Economic Outlook & the Implications for Monetary Policy
The U.S. economy — supported by solid gains in household spending has expanded at a moderate rate in 2016. Job gains have been sturdy, and we have seen some firming in wage growth as the labor market has continued to tighten. Moreover, as the effects of earlier declines in energy prices have dissipated, the overall inflation
What to expect when applying for a business bank loan
You have an idea and want to start a business. You need to borrow money and decide to go to a bank for a business loan. Well, you may find out there are certain things the bankers will want from you besides just a completed application. It’s been said that banks only lend money to
Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time out from the holiday chores to make some strategic saving and investing decisions before Dec. 31 can affect not only your long-term ability to meet your financial goals,
Spelling Out Fiduciary Access to Digital Assets
On Sept. 29, 2016, Governor Andrew Cuomo signed into law a new statute amending the New York Estates Powers and Trusts Law regarding the administration of digital assets. The New York State Assembly memorandum in support of the legislation explains the need for this legislation as follows: “The wide use of digital assets has created
How To Create A Fulfilling Retirement When Every Day Is Saturday
It’s the dream retirement that many people anticipate for decades. Hang out around the pool all day. Play one round of golf after the other. Finally read that teetering stack of books on the nightstand. In retirement, every day is Saturday — only without the dread about what Monday morning back at the office might
25 Do’s and Don’ts of presenting in front of groups I have lost count of the number of company events, community awards, association dinners, and meetings that I have attended where the individual presenting has made classic errors in his/her delivery of material and keynote presentations. It is always so uncomfortable when I look around
How Businesses Can Make the Most of their Stakeholder World
Businesses often consider it a top goal to provide value to their shareholders, but these days it may be just as important to concentrate on producing value for “stakeholders.” Companies have a plethora of stakeholders, such as customers, employees, suppliers, and local communities, among others; the sum total of which represents a business’s stakeholder world.
Organizational Change Made Easy: Give Them a Better Option
One of the most pervasive “truths” about organizational change is what change is hard. It’s “common knowledge” that people resist change. We all “understand” that change is difficult, change is slow, and change initiatives often fail. We have ample evidence to believe this so. There are estimates that upward of 70 percent of all large-scale
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Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.