New Regulations on Valuation Discounts for Closely Held Family Businesses

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By: Andrew Ziolo, CPA    One of the biggest concerns I have seen facing family-owned businesses is transferring the business to family as cheaply as possible, from a tax perspective.  And who can blame someone for wanting to do this? It is hard to find people who want to pay more in tax than they… Read more »

WARNING: National Grid Scam Targeting Businesses

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The Erie County Sheriff & National Grid is warning its business customers against a new scam. Fraudulent callers are contacting businesses threatening to shut off utilities due to missed payments. The targeted victims are instructed to call a 1-800 number to make payments through an automated system. Since this closely mirrors National Grid’s system for… Read more »

Column of Hope Hosts: Syringomyelia & Chiari Malformation Lecture Series

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Speaker:  Dr. Marcus Stoodley Date: October 8, 2016 Time:  8:00 AM to 12:00 PM (Breakfast will be available beginning at 7:45 AM) Location:   Buffalo Marriott Salon B 1340 Millersport Highway Amherst, NY 14221 RSVP :   716-633-7022  OR   Mark_Kane@ColumnOfHope.org   Syringomyelia and Chiari Malformation are progressive neurological disorders once considered to be orphan diseases.   Typical symptoms… Read more »

IRS Warns Taxpayers of Scam Surge

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WASHINGTON — The Internal Revenue Service today warned taxpayers to stay vigilant against an increase of IRS impersonation scams in the form of automated calls and new tactics from scammers demanding tax payments on iTunes and other gift cards. The IRS has seen an increase in “robo-calls” where scammers leave urgent callback requests through the… Read more »

Build Trust

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Trust is essential when building a healthy and productive work environment. Whether you’re leading an entire department or work hand-in-hand with a just a few coworkers, it’s important to build trusting relationships. Here are several tips to help build trust with both your coworkers and your superiors: Be honest and share information completely. Be straightforward and… Read more »