Kyle Williams hasn’t had any second thoughts about his decision to retire last December. Sure, it would have been a blast to be a part of the Buffalo Bills’ 5-2—soon to be 6-2—start on their way to a likely playoff ...
Read More »Which is better for college savings, a Roth IRA or 529 Plan? Yes. 
When clients ask me if it’s better to use a Roth IRA or a 529 plan to save for their children’s college, I usually answer, “yes.” I don’t say that to be snarky. I say it to be objective. ...
Tagged with: CPA Insights
Read More »Van Gundy’s connection to Nazareth remains strong
His long and winding road had taken him to four colleges in four years. So when nomadic Jeff Van Gundy arrived on the Nazareth College campus in the summer of 1983 after attending Yale University, Menlo (Calif.) College and the ...
Tagged with: On Sports Scott Pitoniak
Read More »Leaders need to take steps to address their blind spots 
I was meeting with a VP of a local company recently, and he shared a story that is likely similar to one that plays out in offices everywhere, even if it’s not always so explicitly expressed. An individual contributor in the ...
Tagged with: Managers Matter
Read More »The seasonal risk of mutual funds: capital gain distributions 
Mutual funds have many virtues, and a few serious flaws. One such flaw is their propensity to bleed investment returns due to their inherent tax inefficiency. This is a problem that manifests itself seasonally — and that season is upon ...
Tagged with: David Peartree The Informed Investor
Read More »Recruiting talent, healthcare costs among companies’ top concerns 
While the state of the economy is always top of mind, middle market companies are constantly confronted with many concerns. But which are most pressing right now and where should you place your focus? To find out, KeyBank surveyed over ...
Tagged with: Corporate Finance Phil Muscato
Read More »Rochester Chamber Top 100 celebrates local business 
Greater Rochester Chamber of Commerce will host the 33rd annual Rochester Chamber Top 100 awards dinner Nov. 6 at the Floreano Convention Center. The celebration honors the fastest growing, privately owned companies in the Rochester and Finger Lakes region. Our ...
Read More »A crusader is helping us remember Leo Lyons, Rochester’s NFL roots
John Steffenhagen pulls up his sweater sleeve to reveal an enormous tattoo on the underside of his meaty left forearm. In red and black ink, we see a drawing of a leather football helmet and a ball with the word ...
Tagged with: On Sports Scott Pitoniak
Read More »Budgeting for carbon in construction projects 
In the construction field, there recently has been emphasis on obtaining “net zero energy” (often referred to as NZE or net zero metering) for both new and existing buildings. However, depending on the materials used, the way we achieve net ...
Read More »Your business may be liable for years-old website images 
A recent case before the United States Court of Federal Claims serves as a good reminder to review and track the rights associated with images on your website and all of its webpages, because copyright infringement claims may be lurking. ...
Tagged with: Jeremy J. Wolk law
Read More »CleanCraft LLC explains how conscious capitalism works for it 
Ty Hookway is president of CleanCraft Janitorial Services and a passionate conscious capitalist. Clean Craft is headquartered in Rochester, has over 300 employees and provides janitorial and project cleaning services to companies in Western New York. I recently spoke with ...
Tagged with: Business Ethics Jim Nortz
Read More »Hospitals collaborate, innovate to help their communities 
Did you know that hospitals allocate millions of dollars each year to improve healthcare in our community? In addition to providing healthcare to thousands of patients, hospitals in the Rochester area are proactively working to address some of the largest ...
Read More »With autumn’s arrival, Antonelli reflects on his wonderful life
Gail Antonelli beams as she hands me an old, black-and-white newspaper photograph she recently purchased on ebay. It is from the second game of the 1954 World Series, and in it we see a bunch of men meeting at the ...
Tagged with: On Sports Scott Pitoniak
Read More »Internal poaching must be handled respectfully 
“I’m a new manager and am slow building up my team. In this company, before you ‘poach’ someone from another department, you normally seek the permission of that person’s manager first. The employee I want to hire is very worried ...
Tagged with: Kathleen Driscoll Managers at Work
Read More »Quantifying the need for a business line of credit 
Whether in good economic times or in bad, most businesses have the need for a short-term source of capital, particularly if they’re extending credit to their customers (i.e. giving them time to pay) or manufacturing a tangible product. This capital ...
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