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Oct 10, 2017Recent Breach Highlights the Vulnerability of Your Personal Data
Equifax, one of the nation’s three major credit reporting agencies, recently reported a massive data breach. Are you among the 143 million U.S. consumers whose personal information was hacked? Here’s how to find out — and how to help protect yourself against future breaches. What…
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Oct 04, 2017“Bunching” medical expenses will be a tax-smart strategy for many in 2017
Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are deductible only if they exceed that floor (typically a specific percentage of your income). One example is the medical expense deduction. Because it can be difficult…
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Sep 29, 2017Proud Sponsor of Choc-toberfest
BS&P is proud to sponsor Family Promise of WNY in their efforts to combat family homelessness at their 3rd annual Choc-toberfest fundraiser at the Resurgence Brewing Company! Family Promise alleviates, addresses and prevents recurring family homelessness with immediate support and case management, helping clients find…
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Sep 21, 2017Don’t let “founder’s syndrome” impede your succession plan
Are you the founder of your company? If so, congratulations — you’ve created something truly amazing! And it’s more than understandable that you’d want to protect your legacy: the company you created. But, as time goes on, it becomes increasingly important that you give serious…
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Sep 12, 2017New Version of Form I-9
U.S. Citizenship and Immigration Services (USCIS) has published the newest version of the Form I-9. The form, used to verify employment eligibility, will be mandatory beginning Sept. 18. “Employers will be able to use this revised version or continue using Form I-9 with a revision…
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Sep 01, 2017BS&P Day of Caring 2017
On August 16th our firm was closed to participate in the 25th United Way Day of Caring which brings people, organizations and resources together to improve community well-being. Our employees were bussed to two different locations, Corpus Christi Church and the YWCA of WNY. Volunteers…
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Aug 22, 2017Yes, you can undo a Roth IRA conversion
Converting a traditional IRA to a Roth IRA can provide tax-free growth and the ability to withdraw funds tax-free in retirement. But what if you convert a traditional IRA — subject to income taxes on all earnings and deductible contributions — and then discover that…
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Aug 11, 2017
Employer Alert: New York State Paid Family Leave
Effective January 1, 2018, nearly all private employers in New York State must secure Paid Family Leave coverage for their employees. Paid Family Leave coverage is funded by employee payroll contributions. It provides wage replacement and job protection to employees who need time away from…
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Jul 18, 2017BS&P Golf Outing!
Thank you to everyone who participated in our fourth annual BS&P Golf Outing at Chestnut Hill Country Club in Darien! The weather was perfect as staff enjoyed lunch, dinner and 18 holes of golf on the beautiful course. It was wonderful to see so many staff…
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Jun 30, 20172017 Ride for Roswell!
Greg Hack (Senior Accountant) and Paula Ryszkiewicz (Administrative Assistant) participated in the 2017 Ride for Roswell to raise money for cancer research. Greg and Paula completed the impressive 44 mile ride from Buffalo to Canada across the Peace Bridge and back to the University at…