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Bailey Place Insurance to expand with Lansing office
LANSING — The Cortland–based Bailey Place Insurance agency is about to open an office in Lansing, which would represent its second location in Tompkins County and third overall. The company already operates an office in Dryden. Bailey Place Insurance will open its third location on Sept. 15 at 2428 North Triphammer Road, at the intersection […]
Voya Financial offering accident, disease insurance in New York
Voya Financial, Inc. (NYSE: VOYA), formerly ING U.S., on Aug. 20 announced that its employee-benefits business is offering the company’s Compass-branded accident insurance and specified-disease insurance (also known as critical-illness insurance) options to customers in New York state. Compass products are now available in all 50 states as well as Washington, D.C., the firm said
Affordable Care Act Taxes & Fees: What Employers Need to Know for 2015
Since the Affordable Care Act (ACA) was passed into law in 2010, employers who offer employee health benefits have absorbed additional costs to provide quality health-care coverage to their employees. These costs have taken the form of expanded eligibility for adult dependents, routine and preventive services covered at no member cost share for non-grandfathered plans,
How satisfied are your employees?
Of course, most of us have probably heard the legendary song “(I can’t get no) Satisfaction” by The Rolling Stones many times. Unfortunately, the words are also a feeling shared by many people these days. All you have to do is check your Facebook newsfeed or Twitter account to find people who “can’t get no
Guidance on Taxes and Employee Benefits in the Year since the U.S. v. Windsor
In June 2013, Section 3 of the Defense of Marriage Act (DOMA) was ruled unconstitutional by the U.S. Supreme Court in United States v. Windsor. In particular, Section 3 of DOMA defined marriage for the purposes of federal law as being between one man and one woman, therefore, legally married same-sex couples were not considered
Beware of Hidden Dangers in Inadequate Indemnifications
Amy manufactures miniature springs. Brad wants to buy those springs to install in plastic frogs he sells to a burger chain as kids’ meal prizes. Brad knows that if a spring in one of his frogs malfunctions and injures someone, he’ll be sued. So, he insists that the contract with Amy include both an indemnification
Syracuse Crunch, Tampa Bay Lightning extend affiliation through 2016-2017 season
SYRACUSE, N.Y. — The Syracuse Crunch and Tampa Bay Lightning professional hockey clubs have jointly announced an extension of their affiliation agreement for two more
DiNapoli: state-agency overtime spending rises 7 percent in first half
State agencies spent more than $316 million on overtimein the first six months of this year, an increase of $22 million, or more than 7
New leaders from CNY take helm of area NYSSCPA chapters
The New York State Society of CPAs (http://www.nysscpa.org/) recently announced the names of its 15 newly installed chapter presidents. The presidents for the Southern Tier, Syracuse, and Utica regions are listed below. The presidents’ one-year terms of service began June 1. SOUTHERN TIER CHAPTER(The chapter encompasses the following counties: Broome, Chenango, Delaware, Otsego, Tioga) Kristi
Ascent Wealth Partners expands into Southern Tier with Elmira office
ELMIRA — Utica–based Ascent Wealth Partners has expanded into the Southern Tier region with a new employee and new office in Elmira. The firm has hired Douglas Bissonette as a managing director to head up a 500-square-foot leased office at 250 E. Water St., located near the Chemung River in downtown Elmira. Bissonette will focus
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