Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Consumer debt increases as pandemic winds down
New York has the fourth highest houshold debt in the nation, with average debt climbing to $53,830 at the end of 2021, according to a recent report by New York State Comptroller Thomas P. DiNapoli. National household debt totaled $15.6 trillion with New York households accounting for $869.4 billion, or 5.6 percent, of that. That places the Empire […]
VIEWPOINT: NYS Announces Minimum-Wage Rise for Upstate Employers
Effective Dec. 31, 2022, the minimum wage in upstate New York (i.e., every part of the state except New York City, Nassau, Suffolk, and Westchester counties) will increase from $13.20 to $14.20 per hour. The New York State Department of Labor recently announced this one-dollar rise — a more than 7.5 percent increase. The minimum wage
Utica CPA named director as chapter rep for NYSSCPA board
UTICA, N.Y. — A CPA at a Utica accounting firm has been named a director as chapter representative for the New York State Society of Certified Public Accountants (NYSSCPA) board of directors for 2022-23. William Ryan III, a CPA at Fitzgerald, DePietro & Wojnas CPAs, P.C. in Utica, represents the Utica chapter for the NYSSCPA
New state laws seek to boost New York’s MWBE program
New state laws will strengthen New York’s program to support minority- and women-owned business enterprises (MWBEs). Gov. Kathy Hochul on Oct. 6 signed the new legislation in conjunction with the state’s 12th annual MWBE forum, which continued through Oct. 7. The governor also announced that New York State has surpassed its goal for MWBE utilization on
Dannible & McKee set to hold tax and financial planning conference in November
SYRACUSE, N.Y. — Syracuse–based Dannible & McKee, LLP will hold its annual tax and financial-planning conference in early November. The event — which will return to an in-person format this year — is set for Nov. 10 at the Embassy Suites by Hilton Syracuse Destiny USA at 311 Hiawatha Blvd W. in Syracuse. The complimentary
VIEWPOINT: Cybersecurity Awareness: An Eye Toward Enforcement Under NY SHIELD
New York’s SHIELD Act, which became effective on March 21, 2020, requires persons and organizations that own or license electronic data that includes New York residents’ private information to maintain reasonable administrative, technical, and physical data-security safeguards. The New York Attorney General (NYAG), is authorized to enforce the SHIELD Act by enjoining violations and obtaining
DEC releases final plans for conservation easement tract in Herkimer County
WEBB, N.Y. — The New York State Department of Environmental Conservation (DEC) has released a final recreation-management plan (RMP) for the Three Lakes Track Conservation Easement in the town of Webb in Herkimer County. The 3,350-acre Three Lakes Tract is comprised of commercially managed forestland and is named for the three bodies of water on
OOC deputy director Wheelock to lead organization in 2023
OSWEGO, N.Y. — The man who has served as deputy director of Operation Oswego County for the past five years will become the economic-development organization’s top official in just a few months. The board of trustees of Operation Oswego County Inc. (OOC) has named Austin Wheelock as its new executive director, effective Jan. 1, 2023.
McMahon starts as new assistant director of campus safety at Herkimer College
HERKIMER, N.Y. — Jason McMahon, of Ilion, recently began his new role as the assistant director of campus safety at Herkimer County Community College. He was sworn in by Herkimer College President Cathleen McColgin in a Sept. 1 ceremony. McMahon will report to Timothy Rogers, the college’s campus safety director. McMahon has served as a
Former treasurer in St. Lawrence County village accused of stealing $73K
NORWOOD, N.Y. — Nancy Berger, 55, formerly the clerk/treasurer of the Village of Norwood in St. Lawrence, was recently arrested for allegedly stealing $73,725 from the village. New York State Comptroller Thomas P. DiNapoli, St. Lawrence County District Attorney Gary Pasqua, and the New York State Police announced the arrest on Sept. 29. Berger is
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