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NYS Common Retirement Fund up nearly 6% in latest quarter
ALBANY —The New York State Common Retirement Fund’s estimated return in the quarter ending June 30 was 5.82 percent, according to New York State Comptroller Thomas P. DiNapoli. The fund ended the quarter with an estimated value of $268.3 billion. “The financial markets remain strong, as industry sectors and companies recover and adapt to the pandemic,” […]
VIEWPOINT: IRS Updates American Rescue Plan Act Guidance
On July 29, the Internal Revenue Service (IRS) updated its Tax Credits for Paid Leave Under the American Rescue Plan Act (ARPA) of 2021 guidance. As a reminder, private-sector employers with fewer than 500 employees could voluntarily elect to extend ARPA benefits to their employees through Sept. 30, and in exchange, receive a federal tax credit. Under
Onondaga County mandates that school employees get vaccinated or face weekly testing
SYRACUSE, N.Y. — All interfacing employees of Onondaga County schools will have to provide proof that they’ve been vaccinated or agree to undergo weekly COVID-19
People news: MVCAA appoints Tuggle as fiscal director
UTICA, N.Y. —The Mohawk Valley Community Action Agency (MVCAA) announced it has recently selected Renee Tuggle, the current executive assistant and head of the MVCAA
People news: Dermody, Burke & Brown hires Apps
SYRACUSE, N.Y. — Dermody, Burke & Brown, CPAs, LLC recently announced it has hired Brittany Apps, CPA as a manager in its audit and accounting
UnitedHealth Group to pay nearly $16 million after state, federal probe of mental-health coverage
NEW YORK CITY, N.Y. — United Behavioral Health and United Healthcare Insurance Co. will pay $15.6 million and take other corrective actions following investigations and
VIEWPOINT: Ask Rusty: Should I Claim Social Security Family Benefits?
Dear Rusty: I was born in 1956 and my wife in 1961. I’ve got 45 years of Social Security earnings, and I will have income in 2021. We have four minor children, the youngest born in 2012. When is the best time for us to apply for benefits? Are we eligible for family benefits? My
Lt. Gov. Hochul says she and Cuomo aren’t close; she’s ready to lead New York
ALBANY, N.Y. — New York Lt. Gov. Kathy Hochul says she thinks it’s “very clear” that she and Gov. Andrew Cuomo “have not been close,
New York City firm to merge with the Bonadio Group
ROCHESTER, N.Y. — Ganer + Ganer, a New York City–based accounting firm, plans to merge its operations with the Bonadio Group, a Rochester–based accounting firm
Lt. Gov. Kathy Hochul, Syracuse graduate, to become state’s first female governor
On her Lt. Gov. Twitter feed, Hochul tweeted, “I agree with Governor Cuomo’s decision to step down. It is the right thing to do and
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