Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

The Tax Cuts and Jobs Act completely overhauled the U.S. international tax system, but will this impact Rochester businesses? Based on our respective local practices, the answer is a clear “Yes.” We have found many local companies that have “accidentally” ...

Tagged with: Burton Speer Josh Gewolb Taxing Matters

A promotion presents a public reward and affirmation for the person promoted, of course—and it’s a powerful opportunity to promote workplace values and culture. When done right and granted to deserving team members, promotions can motivate your entire team and ...

Tagged with: great workplaces Lauren Dixon

Since its inception, digital advertising has been graded and evaluated by a metric known as click-through rate (CTR). This metric is calculated by the number of times your ad is clicked divided by the number of times your ad is ...

Tagged with: Digital Marketing Karl Heberger

There are good days and there are bad days as Bari Mance soldiers through her chemotherapy. This happens to be one of the bad days. “I did my laundry before practice,’’ Mance explains from the bleachers of the Ralph C. ...

Tagged with: On Sports Scott Pitoniak

From craft brews and spirits to farms and processing facilities, the Food, Beverage and Agribusiness (FBA) industry is a significant economic driver in the greater Rochester area. Following are short summaries of the top trends expected to impact the FBA ...

Tagged with: Jeremy J. Wolk law

The Tax Cuts and Jobs Act made major changes to the corporate income tax, including a dramatic rate cut from almost 40% to 21%. This article, third in a series on the effects of the Tax Cuts and Jobs Act, ...

Tagged with: Josh Gewolb Tax Cuts and Jobs Act Taxing Matters

I recently wrote a letter to Amazon CEO Jeff Bezos after the Buffalo-Rochester Metro Corridor proposal for Amazon’s second headquarters did not make the cut to the 20 potential sites. The letter thanked Mr. Bezos for the opportunity for us ...

Tagged with: On Business Robert Duffy

Some of my friends were losing sleep in recent weeks over the possibility the Rochester Red Wings might soon be going, going, gone! Outta here like some ball rocketing off the bat of hulking slugger Aaron Judge. Never to be ...

Tagged with: On Sports Scott Pitoniak

It’s a challenging time for the healthcare community. Faced with continuous threats to federal funding, hospitals are waiting for the restoration of various federal funding streams that are essential to their bottom lines. Although the continuing resolution that passed Congress ...

Tagged with: On Health Travis Heider

As part of the Tax Costs and Jobs Act, Congress created a new and much publicized passthrough deduction, designed to provide owners of non-corporate entities with benefits similar to the reduced tax rates for corporations. The new rule can provide ...

Tagged with: Josh Gewolb Taxing Matters

According to the Equipment Leasing and Financing Association, in 2018 businesses are expected to make their largest capital investments since 2012. Driving this activity is an increase in business confidence, a strong global economy and, yes, the first tax overhaul ...

Tagged with: Corporate Finance James Barger

Hockey, like life, is filled with rejections. Shots ricochet off pads and posts. Occasionally, you get blind-sided with a check that smashes you into the boards or onto the ice. Success often is determined by your persistence, by your desire ...

Tagged with: On Sports Scott Pitoniak

Have you ever wondered, “When is honesty the best policy?” Honesty—a concept that makes everyone’s short list of paramount moral virtues—was a major issue in the 1977 presidential election contest between Jimmy Carter and Gerald Ford. The Watergate scandals, and ...

Tagged with: Business Ethics Jim Nortz

“We are bringing on a new technical team member in the next few weeks. We’ve been looking for a long time for just the right person to fit into this team. It seems like he will be a good fit, ...

Tagged with: Kathleen Driscoll Managers at Work

  The U.S. equity market was quite impressive in 2017. The Dow Jones industrial average opened at 19,873 and closed at 24,719, for a 24 percent price advance. While GDP came in at only 1.2 percent for the first quarter, ...