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2021 Year-End Year-Round Tax Planning Guide

The tax professionals at Dermody, Burke & Brown, CPAs are committed to helping you maximize your income through a variety of tax-saving strategies.

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Employer Retirement Plan Mandate – New York State

If your New York based company is not currently offering a retirement plan for your employees, you may be required to offer one immediately.

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Elizabeth Stapleton Joins Dermody, Burke & Brown

Elizabeth Stapleton, CPA recently joined Dermody, Burke & Brown, CPAs, LLC as a Manager in the tax department.

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New Guidance and Election Application for Optional Pass-Through Entity Tax

On August 25, 2021, New York State released guidance regarding the New York State pass-through entity tax (PTET) election which allows owners of pass-through entities (PTE) to receive a federal deduction for the New York State income taxes…

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DB&B Update: NFP Organizations Invited to Apply for Health Equity Awards of up to $30,000 Each

Excellus BlueCross BlueShield (BCBS) has announced new Health Equity Awards will be available to help fund health and wellness programs that address racial and ethnic health disparities in Upstate New York.

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Travis Smith Named 2021 40 Under Forty Honoree

Travis Smith, CPA, Audit & Accounting Senior Manager, has been named a 2021 40 under Forty honoree by the Central New York Business Journal.

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NYS Budget: Pass-Through Entity Tax Response to SALT

Prior to the Tax Cuts and Jobs Act (TCJA), as signed into law in December 2017, amounts paid by taxpayers towards state and local taxes were eligible to be used as a federal itemized deduction to offset federal taxable income.

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Dermody, Burke & Brown Hires Brittany Apps

Brittany Apps, CPA recently joined Dermody, Burke & Brown, CPAs, LLC as a Manager in the Audit and Accounting department.

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Webinar: Save Your Business Time and Money with Outsourced Accounting

Join Dermody, Burke & Brown's Custom Accounting Solutions (CAS) team for a complimentary webinar on Wednesday, June 30th from 12-12:45 PM.  Greg Smith, CPA and Kristin DeWald of Dermody, Burke & Brown, along with Andrea Card…

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New Audit Standard for Employee Benefit Plans

The AICPA Employee Benefit Plan Audit Quality Center (EBPAQC) has prepared this advisory to provide plan management (the plan sponsor, administrator, or trust

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Dermody, Burke & Brown Hires Two Associates

Dermody, Burke & Brown, CPAs, LLC recently hired Katia Palucci, MBA and Samantha Thomas as Associates in the Syracuse office.

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