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“It has been said that Democracy is the worst of form of government except all the others that have been tried.” — Winston Churchill Well, I did it. I took one for my team of nonprofit colleagues and board members. That is, I read every word of the 67 pages that constitutes the Nonprofit Revitalization […]
Checks and balances are key to fraud protection
If I only had a dollar for every time that I have heard that statement. The fact is, workplace fraud happens, and it happens frequently. Newspaper headlines featuring employees stealing large sums of money are becoming more frequent. It happens to all businesses, large and small. It also happens in the nonprofit and municipal sectors
Crisis Communications Planning: Now You’re Ready
No one can prepare for a crisis. Well, actually, they can — and they do. A lot of businesses and nonprofits have operational disaster plans. But few also have a crisis-communications plan. Recently, however, we have started to see an increased trend in organizations coming to us to help them plan their communications roles, strategies,
An Open Letter: We Are a Region of Entrepreneurs
Upstate New York is quickly becoming the model for reinvention. Change agents are leveraging the landscape from Albany to Buffalo that is home to nearly 500,000 students, billions of dollars of research and development, fantastic cost structures, and myriad lifestyle outlets. Entrepreneurship is leading us into a future that builds upon our history of innovation.
We hear so much about maximizing our resources — and for good reason. Perhaps you have a list of relationships you are reviewing to ensure satisfaction. Great idea, and don’t forget to put your CPA on the list. Really. CPAs are much more than number crunchers or tax-return machines. Your CPA can help you when
New York in Need of New Tax Policies that Move State Forward
A discussion about tax reform has started in Albany which I am glad to see take shape. Members of the State Senate Finance Committee have been holding hearings and asking the question: how do we improve our state’s tax policy? They have begun to gather testimony from business groups and other experts in tax policy
Minimize the risk of international trade by leveraging banking services
For more than a decade, businesses across the world have been benefitting from “hyper-globalization” — the convergence of trade and culture across many nations — to deliver improved and more affordable products to their customer base and grow their market. This technologically driven shrinking of the globe has been a tremendous boon to the
Managing cash flow is very important for any company, including a small business. Here are some strategies you may want to consider. Income — Take a good look at your income streams. Are your revenues diversified in terms of products and services you offer or in terms of the number/types of customers?
The Anatomy of a New York State Sales Tax Audit
Having been in the financial services business for more than 25 years, I have represented clients in numerous federal and state income-tax audits and state sales-tax audits. With the pressure at the federal and state level to raise revenues, we are finding increased audit activity at both the federal and state level. New York State
Do Investors Deserve to Make Money?
Many people believe the rich inherit great fortunes and then sit idly by while their stocks make them more money. When you’re working long hours, this belief can provoke jealousy and inspire questions like, “Do investors even deserve to make money?” To respond, we must first define ownership, which is best thought of as a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.