Read time: less than 5 minutes Our firm partnered up with Victory Sports Global Outreach (VSGO) this July, supporting their mission “to help under-resourced schools, leagues, teams and athletes obtain the equipment they need to play and compete in sports.” CTBK’s Helping Hands committee is dedicated to giving back to the local community, as well, aligning… Read more »
Author: Jonathan Ieraci
CTBK Promotes Over a Dozen Team Members
Posted by Jonathan Ieraci & filed under In the News, Spotlight.
Read time: 5 minutes CTBK prioritizes the human connection. As the pillar of our Core Values, we strive to create the perfect balance between serving clients, giving back to our local community, and bettering ourselves, as individuals in our own career path and as one team. The following individuals have been promoted at the firm… Read more »
Spotlight: Partner Takes the Reins in Inspiration
Posted by Jonathan Ieraci & filed under In the News, Spotlight.
Read time: 10 minutes Throughout the city of Buffalo, many organizations and groups take the initiative to award professional men and women for being awesome people to work with, in one way or another. Recently, nominations were collected for the Women of Influence and we were honored to highlight one of our first female partners… Read more »
CTBK Face Value: How to Use SafeSend Returns
Posted by Jonathan Ieraci & filed under Face Value.
In this episode of CTBK Face Value, Laura Markle explains how to use SafeSend Returns, a secure software built to add convenience to filing your taxes. Laura Markle is a principal at CTBK focused on tax and has had a hand in launching this software within our firm and to our clients. For more info… Read more »
Executive Forum Goes Virtual Covering Response & Recovery During a Pandemic
Posted by Jonathan Ieraci & filed under COVID-19, In the News, TVSInsights.
Read time: 5 minutes Seats are perfectly aligned row by row, all facing a front table set for just a few people. Buffalo Business First drops a canvas background dotted with their logo to set the scene behind the four panelists awaiting to come out. Each seat is dressed with a pen and pad of… Read more »
Changes have been made to the PPP loan — Here’s what you need to know.
Posted by Jonathan Ieraci & filed under COVID-19, In the News.
Things just got switched up for small businesses, but it seems to be leaning in business owners’ favor. This month, the Paycheck Protection Plan Flexibility Act (PPPFA) was officially signed into law. These updates can make a major impact on any small business that happened to get hit hard during this year’s pandemic. CTBK wants… Read more »
Understanding Response & Recovery From Wherever You Are
Posted by Jonathan Ieraci & filed under COVID-19, In the News.
Now months into the pandemic, it seems most of us are used to “abnormal.” Buffalo Business First is addressing Response & Recovery in regards to COVID-19 with special focus on our local region. Business succession planning is important no matter what, but these odd times are truly putting the practice to the test. On the… Read more »
CTBK Finance Expert Chats With Buffalo Business First on Lending Program
Posted by Jonathan Ieraci & filed under COVID-19, In the News, TVSInsights.
The Federal Reserve announced it is striving to assist small- and medium-sized businesses with its latest program: Main Street Lending. This program has been designed to help businesses that were on solid ground before the COVID-19 pandemic get back on their feet. The Federal Reserve states the Program will operate through three facilities: Main Street… Read more »
Estate Planning: How COVID-19 May Change Your Estate Tax Obligation
Posted by Jonathan Ieraci & filed under Cornerstone, COVID-19, TVSInsights.
The individual federal lifetime estate tax exemption is at an all-time high of $11.6 million. The high lifetime exemption, coupled with lower asset prices, creates a good opportunity for owners of closely-held family businesses to execute estate plans. Executing an estate plan can relieve families of the burden of estate taxes, align assets to ensure… Read more »
Understanding the PPP Loan Forgiveness Application
Posted by Jonathan Ieraci & filed under COVID-19.
The U.S. Small Business Administration (“SBA”) recently released the Paycheck Protection Program (“PPP”) Loan Forgiveness Application along, with detailed instructions, which can be found on SBA’s website as well as on the U.S. Department of Treasury’s website. The application contains the following components: PPP Loan Forgiveness Calculation Form; PPP Schedule A; PPP Schedule A Worksheet;… Read more »