Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Federal dollars to help fund projects at several upstate airports, lawmakers say
Federal-grant awards will help airports across upstate New York, including those serving Syracuse and areas of the North Country, finance projects focused on safety and facility improvement. The nine airports will use more than $5.2 million in federal funding to support airport-safety and infrastructure-improvement projects, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) and U.S. Senator […]
Madison County offers tax relief to volunteer firefighters, ambulance workers
WAMPSVILLE — Volunteer firefighters and ambulance workers who live in — and own a home in — Madison County will soon see some relief on property taxes under a new law that the county recently passed. Local Law No. 2 of 2024 provides for a real property tax exemption for those volunteers who put their
Former West Carthage Housing Authority leader sentenced in embezzlement scheme
More than $48,000 in restitution recovered WEST CARTHAGE — The former executive director of the West Carthage Housing Authority (WCHA) has been sentenced to serve five years of probation for a scheme that allowed her to steal more than $48,000 in WCHA funds. The office of New York State Comptroller Thomas DiNapoli announced the
Dermody, Burke & Brown adds senior associate in Tax Department
SYRACUSE — Dermody, Burke & Brown, CPAs, LLC (DB&B) recently hired Stephanie Kubis as a senior associate in its Tax Department. Kubis joins DB&B with more than two years of professional experience. She previously worked at another accounting firm in Rochester. She is currently in the process of completing her certification to become a certified
Pathfinder Bancorp announces change in board-chair position
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, recently initiated a change at the top of its board of directors. William A. (Will) Barclay, an experienced attorney and lawmaker, has been named chairman of the board — succeeding Chris R. Burritt, previous board chairman, who retired from the board
VIEWPOINT: District Court Strikes Down FTC’s Noncompete Clause Ban
The Federal Trade Commission’s (FTC) noncompete ban is no more, at least for the time being. On Aug. 20, the United States District Court for the Northern District of Texas (Hon. Ada Brown, U.S.D.J.), in Ryan, LLC v. Federal Trade Commission, struck down the FTC’s noncompete ban, which was set to take effect on Sept.
Grossman St. Amour CPAs adds two accountants to audit group
SYRACUSE — Grossman St. Amour CPAs, PLLC (GSA) of Syracuse on Aug. 12 announced two new hires — Kelly Caza and Gianna Quonce, who are both full-time staff accountants in the firm’s audit-services group. About Caza Caza practices in the areas of audit and attest engagements, bookkeeping, and financial-statement preparation. Her clients include nonprofit organizations,
Ask Rusty: Does my SS payment include repayment of contributions?
Dear Rusty: I have a question about my Social Security (SS) benefits. Would I be correct to assume that part of the monthly SS income I get is a repayment of what I contributed to the fund while I was working? If so, how much of my monthly benefit payment is my own money coming
State comptroller audit of GST BOCES finds inadequate monitoring and accounting for capital assets
PAINTED POST — A recent audit report from New York State Comptroller Thomas DiNapoli found that Greater Southern Tier (GST) Board of Cooperative Educational Services (BOCES) officials did not properly monitor and account for all capital assets and have not conducted periodic physical inventories in at least 10 years. As a result, GST BOCES officials
Local sales-tax collections flat in July from a year ago
ALBANY — Local sales-tax collections in New York state increased by 0.2 percent in July compared to July 2023. That’s according to data that New York State Comptroller Thomas DiNapoli released Aug. 19. Overall, local collections totaled $1.82 billion for the month, up $3.1 million from the same time last year. “There was little growth
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.