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Insurance & Financial Services

Bonadio Group’s 2015 hiring spree began with Syracuse acquisition

The Rochester–based Bonadio Group’s acquisition of Syracuse accounting firm Testone, Marshall & Discenza (TMD), which took effect Jan. 1, 2015, started what Bonadio says was a “record” year of hiring. The Bonadio Group added 183 new employees in 2015, including 52 recent college graduates. The TMD acquisition resulted in 79 of the 131 experienced employees […]

How Safe is Your Employees’ Personal Information?

Employers must take immediate action The IRS issued an alert on March 1 to payroll and HR professionals about new phishing scheme involving W-2 information. Employers need to take immediate steps to confirm the security of their employees’ personal information. The alert describes a scheme that has already claimed several victims. Payroll and human-resources officers have

Schneiderman alerts consumers about phony government collection scams

New York Attorney General Eric Schneiderman recently issued a consumer alert about “imposter” phone scams.  The callers pose as representatives from the attorney general’s office, IRS, or as court officers, according to a news release from Schneiderman’s office.  The scammers commonly target senior citizens, students, and first-generation Americans. Consumers should not respond to these calls or

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Using Tax-Exempt Financing to Help Attract Foreign-Direct Investment

If you are a manufacturer, bank, or economic-development organization (EDO), you need to know about Section 144 of the IRS Tax code: https://www.irs.gov/Tax-Exempt-Bonds/Section-144-Small-Issue-Bond-Defined-10000000-Limit-Manufacturing-Facility. This government-sponsored program is meant to help stimulate public and private investment from abroad and here locally. Manufacturers, assisted living, multi-unit, waste management, and other for-profit entities can take advantage of this

Bank of America boosts employment at Utica contact center

UTICA — In December, Michael W. Brunner, Central New York market president for Bank of America, shared with local partners, clients, and friends the bank’s decision to expand its services at the Horatio Street customer contact center and boost the employment to handle the growing national volume of calls. “There are approximately 600 employees at

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