INSIGHTS

 
 

Investing in the Future with a 529 Education Plan.
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Investing in the Future with a 529 Education Plan.

If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified…
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The Ins and Outs of IRAs
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The Ins and Outs of IRAs

Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What…
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Understanding Dependent Credits
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Understanding Dependent Credits

Do you have a child age 17 or older or another dependent? You can’t claim the child credit for such…
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Smooth sailing: Tips to speed processing and avoid hassles this tax season
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Smooth sailing: Tips to speed processing and avoid hassles this tax season

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here…
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IRS Now Accepting ACA Returns
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IRS Now Accepting ACA Returns

The IRS is now accepting e-filed Affordable Care Act (ACA) information returns. Forms 1094 and 1095 and transmittals can be…
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Didn’t receive an EIP? You may be eligible for this rebate.
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Didn’t receive an EIP? You may be eligible for this rebate.

Taxpayers who didn’t receive their third Economic Impact Payment (EIP) may be eligible to claim a 2021 Recovery Rebate Credit…
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The best way to protect your personal info is by filing early.
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The best way to protect your personal info is by filing early.

The IRS opened the 2021 individual income tax return filing season on January 24. Even if you typically don’t file…
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How will revised tax limits affect your 2022 taxes?
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How will revised tax limits affect your 2022 taxes?

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your…
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CTBK Fraud Insights
Cornerstone In the News

CTBK Fraud Insights

Anti-fraud controls should be implemented in small businesses to avoid unruly costs and negative effects that can impact the businesses processes and finances.
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Are you ready to file your 2021 tax returns?
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Are you ready to file your 2021 tax returns?

No date has been set for when taxpayers can begin to electronically file 2021 tax returns, but the IRS said…
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Watch the Lease Webinar on YouTube
Firm Events

Watch the Lease Webinar on YouTube

Check out our four-part webinar series exploring the essentials of lease accounting, including basics, action steps & planning, special circumstances,…
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5 Tax Tips for 2022
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5 Tax Tips for 2022

When the ball drops at midnight on December 31, don’t think that it’s too late to make any changes to…
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CTBK Hosts First Session in Three-Part Lease Reporting Webinar
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CTBK Hosts First Session in Three-Part Lease Reporting Webinar

Just launched this month is CTBK’s Lease Webinar Series, hosted by Kristi Humphrey, CPA and Senior Manager at the firm….
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CTBK and UB Corp Champs Join Forces
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CTBK and UB Corp Champs Join Forces

For its second year in a row, CTBK and UB worked together for the Corporate Champions program. Each fall, a…
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Miracle League & Helping Hands Team Up for Kickball Game
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Miracle League & Helping Hands Team Up for Kickball Game

A group of Helping Hands from CTBK went to Grand Island to work with the Miracle League for a summer…
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Helping Hands Makes Headway at Buffalo & Erie County Naval & Military Park
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Helping Hands Makes Headway at Buffalo & Erie County Naval & Military Park

Helping Hands reported for duty at the Naval Park in downtown Buffalo in August to assist with a preservation project…
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CTBK Opens Up Its Doors for Open House
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CTBK Opens Up Its Doors for Open House

Explore beyond our firm’s doors and get a sneak peak of how we work as one team in a collaborative…
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NYS Allows Pass-Through Entity Tax
In the News

NYS Allows Pass-Through Entity Tax

Starting in the 2021 calendar year, NYS will allow pass-through entities (Partnerships, LLC’s, S Corporations) to make an election to…
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Helping Hands Head to Habitat for Humanity
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Helping Hands Head to Habitat for Humanity

This July, a small group headed out to a home build project in downtown Buffalo to assist Habitat for Humanity…
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Child Tax Credit to Be Paid in Advance
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Child Tax Credit to Be Paid in Advance

The IRS announced that crucial changes have been made to the Child Tax Credit (CTC) under the American Rescue Plan…
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