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Local sales-tax collection growth in N.Y. slowed in 2024
ALBANY, N.Y. — Local government sales-tax collections across New York state increased in 2024 but the rise was the lowest in four years. The collections totaled $23.4 billion in calendar-year 2024, up by 1.6 percent, or $376 million, from 2023 levels, New York State Comptroller Thomas DiNapoli said in a report issued on Feb. 7. […]
Coughlin & Gerhart expands Pennsylvania presence
BINGHAMTON, N.Y. — Southern Tier law firm Coughlin & Gerhart, LLP has expanded its presence into the Keystone State with a new office in Honesdale, located in Pennsylvania’s Wayne County. Zachary Morahan, partner, and Jeremy Yzeik, associate — both natives of Wayne County — work from the new office. Morahan is the location’s lead attorney.
Clarkson University names NBT Bancorp CEO to board of trustees
POTSDAM — Scott A. Kingsley, president and CEO of NBT Bancorp, Inc. (NASDAQ: NBTB), was named to the Clarkson University board of trustees, effective on Feb. 1. He will also serve on the Clarkson board’s audit committee, the university announced. Kingsley was appointed the top executive at NBT Bancorp, parent of NBT Bank, in early
Sculco named deputy inspector general for upstate region
ALBANY — The New York State Office of the Inspector General (OIG) has appointed Jennifer Sculco as the new deputy inspector general (deputy IG) for the Upstate Regional Office. In this role, Sculco will oversee a staff of attorneys, investigators, and auditors investigating allegations of fraud, corruption, crime, and abuse in state executive branch agencies
Financial Institutions, Inc. names new board member
Will also serve on audit committee WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), the parent company of Five Star Bank, recently announced the appointment of Angela J. Panzarella as a new independent member of the boards of directors of both the parent company and the bank. Panzarella’s appointment increases the size of the Financial
New CFO of NextGen Label Group begins duties April 1
CICERO — The man who will serve as the next CFO of NextGen Label Group and president of the Van Alstine division starts those positions on April 1. Andrew Horvath will replace Dan Rosenbaum, who was recently promoted to president and CEO of NextGen Label Group, also effective April 1, the company announced. Horvath joined
State comptroller audit faults Cortland County town for budgeting
LAPEER — A recent audit by New York State Thomas P. DiNapoli’s office found that the five-member board that governs the Town of Lapeer in Cortland County did not develop and adopt realistic budgets. As a result, the unrestricted fund balance in these funds increased to levels between 85 percent and 182 percent of the
Dannible & McKee adds two new accountants in Syracuse
SYRACUSE — Dannible & McKee, LLP, a certified public accounting and consulting firm, recently announced the hiring of two new staff accountants who both successfully transitioned from the firm’s internship program to full-time positions. Nicholas Bove joins Dannible & McKee as an accountant on the firm’s tax staff. He started with Dannible as an intern
Bowers names partner in client accounting & advisory services division
SYRACUSE — Bowers CPAs & Advisors recently promoted Ed Cronk to partner within the firm’s client accounting and advisory services (CAAS) division. Cronk, a Syracuse native, has more than 30 years of experience across multiple industries that include construction, health care, and real estate. The promotion reflects his contributions to the accounting firm and his
VIEWPOINT: The Frequency of Pay Split Among Courts May Be Remedied by a Legislative Fix
Under New York Labor Law Section 191, individuals who fall under the broad definition of “manual worker” must receive their wages weekly. There is currently a split among the courts as to whether manual workers have a private right of action to recover liquidated damages for untimely payments. In Vega v. CM & Associates Construction
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