Check out our four-part webinar series exploring the essentials of lease accounting, including basics, action steps & planning, special circumstances, as well as discussing ASC 842 Leases.
Author: Jonathan Ieraci
5 Tax Tips for 2022
Posted by Jonathan Ieraci & filed under Uncategorized.
When the ball drops at midnight on December 31, don’t think that it’s too late to make any changes to the outcome of your 2021 tax returns. There are plenty of things you as an individual can do after Jan. 1, 2022 to impact the result of your returns for 2021. Here are 5 tips… Read more »
CTBK Hosts First Session in Three-Part Lease Reporting Webinar
Posted by Jonathan Ieraci & filed under Firm Events.
Just launched this month is CTBK’s Lease Webinar Series, hosted by Kristi Humphrey, CPA and Senior Manager at the firm. This three-part webinar focuses on different focal points of reporting leases and the accounting changes to come in January 2022. By attending one or more sessions of this series, it better equips individuals for these… Read more »
CTBK and UB Corp Champs Join Forces
Posted by Jonathan Ieraci & filed under Firm Events.
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 »
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 »