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S Corporations: Cut- Off vs. Pro Rata Year End   Most taxpayers know that the tax code is very complicated and sometimes unfair but are unaware of the actual intricacies and potential pitfalls that await the unsuspecting.  An example of one of these cases is if you own at least 20% of an S Corporation… Read more »

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Surviving the Tax Season! Here at The Kane Firm, we are always looking for new ways, both large and small, to relieve stress and squeeze out a few smiles during tax season.   This year, Danielle and Courtney, our firm coordinators, designed survival kits for each employee.     Included in our kits were: Stress… Read more »

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The Kane Firm recently mailed clients a yellow Tax Organizer packet to aide in collecting 2016 tax information.  Shortly after we mailed the organizers, on January 11, 2017, the New York State Department of Taxation informed tax preparers of a new requirement for the 2016 tax year. This tax season, all New York State personal… Read more »

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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 »

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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 »

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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 »