Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
OPINION: Foreign Policy Should Reflect America’s Values
The United States and Europe led the world in pursuit of freedom and democracy in the post-World War II period. Relying on shared values, including a commitment to democratic governance and human rights, we shaped an international order that improved life for people around the world. Today, our sense of shared values remains, but our […]
OPINION: New York Cannot Force its Budget Problems onto the Taxpayers
New York State’s budgetary shortfalls due to the fallout from the COVID-19 pandemic are substantial and in need of immediate attention. It’s likely we will be short several billion dollars in the coming years, with varied estimates depending on the potential availability of federal aid. There is little disagreement something must be done. However, some
OPINION: Rapid Turnaround COVID-19 Tests Offer Great Promise to Assisted-Living Communities
But that’s only if accessible and affordable During the first wave of COVID-19 in the spring of this year, assisted-living communities across New York state reacted swiftly and comprehensively to minimize the spread of the virus within. Adult-care facilities were mandated to test all staff every week and this will likely remain in place for the
OPINION: Shop Local this Holiday Season and Support Community Small Businesses
[This year’s] holiday shopping season will undoubtedly look different from those in years’ past as normal commerce and retail activities have been disrupted to a significant degree. For this reason, my colleagues and I in the Assembly Minority Conference are making a special push to remind shoppers of the value and importance of shopping local
OPINION: The Pandemic Lays Bare Our Information Problems
When the history of this era is written, special attention should be reserved for the prominent U.S. politicians who dismissed or misrepresented the COVID-19 pandemic for political purposes. The coronavirus has wreaked untold suffering and damage to this country, and it has been able to do this because we had a major failure of government.
OPINION: IRS Issues Guidance Denying Tax Deductions for PPP Loans
OPINION The IRS has released guidance on the deductibility of payments for otherwise-deductible expenses using funds from the Paycheck Protection Program (PPP). The guidance, although not unexpected, is not taxpayer friendly. Revenue Ruling 2020-27 describes two situations. In situation 1, the taxpayer incurred eligible expenses for which a PPP loan was obtained. In November, the
OPINION: 5 Ways For Companies To Give Back — And Still Make Bucks
OPINION As the coronavirus pandemic turns much of the business world upside down, numerous companies have pivoted while reevaluating their purpose, products, and relationships with customers. One area of emphasis that has gained traction is philanthropy. Many CEOs see helping those in need as an essential element of a business, especially in these unprecedented times.
Opinion: Why Buying A Small Business Now Is A Bad Idea
Normally, I am a proponent of buying small businesses. The data shows they make the world go ‘round. The U.S. Small Business Administration Office of Advocacy, which defines a small business as a firm with fewer than 500 employees, states that there are over 30 million such enterprises in the U.S. But a convergence of factors
Every year right after an election, I would find a small pile of requests waiting for me from journalists. They wanted some sort of comment on what it all meant. “What are the voters telling us?” they’d ask. It’s human nature to want to make sense of such a complex picture — to draw conclusions
OPINION: Time to Get Back to Business
The National Small Business Association (NSBA) congratulates all of the winners of the 2020 elections and looks forward to a productive nonpartisan working relationship that can address the many issues that face the small-business community. Many small businesses that have been severely impacted by the pandemic are barely treading water at this point, due in-part
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.