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Law, Accounting & Taxes
State: Tax preparers who ignore state rules face penalties
The New York State Department of Taxation and Finance says tax preparers must meet “several” obligations to avoid possible penalties and revocation of their authorization to file tax returns in New York. The department made the statement in a Feb. 11 news release announcing that it had issued more than $453,000 in fines to noncompliant […]
Hancock Estabrook boosts real-estate practice with deal
SYRACUSE — A Syracuse law firm known for its commercial real-estate practice will combine with Hancock Estabrook, LLP, effective May 1. Hancock Estabrook, which is also based in the Salt City, didn’t release any financial terms of its agreement with Shulman Grundner Etoll & Danaher, P.C. Attorneys C. Daniel Shulman, Charles Grundner, Stephen Etoll, and
Peters & Associates, CPAs acquires Utica firm
SYRACUSE — Peters & Associates, CPAs, P.C. (P&A), a Syracuse–based accounting firm, recently announced it has completed the acquisition of a Utica–based CPA firm. P&A acquired Robertello & Harrington, CPAs, P.C. “The merger is expected to bring P&A additional revenue in excess of 25 percent,” the firm said in a news release. This transaction is
USDOL issues proposed regulations on white-collar exemptions
On March 7, 2019, the U.S. Department of Labor (USDOL) issued proposed regulations that would increase the minimum weekly salary to qualify for the Fair Labor Standards Act white-collar exemptions from $455 per week ($23,660 per year) to $679 a week ($35,308 a year). These new proposed regulations are intended to replace the USDOL’s 2016
Ithaca College to establish analytics labs in School of Business
ITHACA — Ithaca College recently announced it will establish a pair of business analytics laboratories in its School of Business this fall. The two dedicated business analytics lab spaces at the college will “provide students with hands-on experience to help them thrive in a world that relies on data to drive innovation,” it said in
CenterState CEO announces finalists for Business of the Year awards
“We are proud to honor these member businesses for their outstanding success, and the role they play in strengthening the region,” Robert Simpson, president and
Syracuse College of Law selects CEO of Girls Who Code as graduation speaker
The program had reached more than 90,000 girls across the U.S., Canada and the United Kingdom at the end of 2018. Saujani, former deputy public
Bousquet Holstein opens office in Ithaca
ITHACA, N.Y. — Syracuse–based law firm Bousquet Holstein PLLC has opened a 2,200-square-foot office in Ithaca. The firm says the new space will allow it
Liverpool man arrested for stealing $100,000 from Fox Auto Group
NORTH SYRACUSE, N.Y. — A Liverpool man has been accused of stealing $100,000 from the Fox Auto Group based in Auburn. The New York State
New York Air Brake acquires Missouri firm
WATERTOWN, N.Y. — Watertown–based New York Air Brake LLC (NYAB) on Friday announced the signing of an agreement to acquire the business assets of a
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