For its second year in a row, CTBK and UB worked together for the Corporate Champions program. Each fall, a small group of MBA students get together and work with a local business to understand the ins and outs of operations, procedures, and management practices. CTBK participated in this program in 2020 and reenlisted for… Read more »
Author: Jonathan Ieraci
Miracle League & Helping Hands Team Up for Kickball Game
Posted by Jonathan Ieraci & filed under Uncategorized.
A group of Helping Hands from CTBK went to Grand Island to work with the Miracle League for a summer evening game of kickball.
Helping Hands Makes Headway at Buffalo & Erie County Naval & Military Park
Posted by Jonathan Ieraci & filed under Uncategorized.
Helping Hands reported for duty at the Naval Park in downtown Buffalo in August to assist with a preservation project of the PTF-17 boat in the Park’s shipyard. The boat was used during the Vietnam War and constructed by Norway. With only 4 of these boats left, this preservation project is essential in keeping an… Read more »
CTBK Opens Up Its Doors for Open House
Posted by Jonathan Ieraci & filed under Uncategorized.
Explore beyond our firm’s doors and get a sneak peak of how we work as one team in a collaborative setting. Join us to learn about our services, industries, and clients in addition to insight on our firm culture and training and development opportunities for our team. All individuals attending must wear a mask regardless… Read more »
NYS Allows Pass-Through Entity Tax
Posted by Jonathan Ieraci & filed under In the News.
Starting in the 2021 calendar year, NYS will allow pass-through entities (Partnerships, LLC’s, S Corporations) to make an election to pay the New York State tax for the owners related to the pass-through entity. The election to pay NYS taxes at the entity level for the 2021 tax year must be made by October 15,… Read more »
Helping Hands Head to Habitat for Humanity
Posted by Jonathan Ieraci & filed under Uncategorized.
This July, a small group headed out to a home build project in downtown Buffalo to assist Habitat for Humanity in the building process. With 6 CTBK volunteers, a Habitat project manager and two additional regular Habitat volunteers, our group was able to assist in building the exterior walls, among other pieces of the project… Read more »
Child Tax Credit to Be Paid in Advance
Posted by Jonathan Ieraci & filed under In the News.
The IRS announced that crucial changes have been made to the Child Tax Credit (CTC) under the American Rescue Plan of 2021 (ARPA) that will help many families receive advance payments, beginning as soon as this summer. ARPA expands the CTC for tax year 2021 only. The IRS has started sending letters to more than… Read more »
How CTBK Can Help Construction Companies
Posted by Jonathan Ieraci & filed under Face Value.
CTBK is a construction accounting firm offering a team of professionals, many of whom are focused solely on the construction industry, including a Certified Construction Industry Financial Professional (CCIFP). For financial services from tax to audit and consulting and Outsourced Accounting Solutions, we can help you and your team get back to your project without… Read more »
Helping Hands Kicks Off Summer
Posted by Jonathan Ieraci & filed under Uncategorized.
Our team wanted to start the summer of 2021 much different than what 2020 offered. As the city of Buffalo and the local area began opening its doors again, CTBK began planning ways to give back to the community in different ways than what the pandemic allowed. Our Helping Hands Committee began planning events following… Read more »
Federal Tax Refund Myth Sends Wrong Message
Posted by Jonathan Ieraci & filed under In the News.
Despite the tax filing deadline not being for another couple of weeks (May 17, 2021), many taxpayers have already filed and have heard some buzz around refunds and next year’s returns. Federal Tax Myth:Getting a refund this year means there’s no need to adjust withholding for 2021. Taxpayers should make any changes now to prepare… Read more »