Client Corner: Suffolk Cement Products

Suffolk Cement Products has operated in the Long Island area for more than 80 years. The Lohr family passed the company down through three generations and witnessed many changes in the industry over the years. Today, Mark Lohr and Linda Hagen carry on the family legacy that began with their grandfather many years ago when …

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Section 199A – What it is and what it means for businesses

Section 199A allows passthrough businesses to deduct 20% of their net income. In this video, Sean Kelly, CPA at Markowitz, Fenelon and Bank, shares how Section 199A affects businesses, which businesses can take advantage of this deduction and what steps a business owner can take throughout the year to remain under the deduction threshold. Section …

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Delegate your Accounting: Client Accounting Services for Business Growth

Working with a CPA can be beneficial to your business. It allows you to leave the financial accounting and bill pay to a professional who can proactively help you manage those processes allowing you focus on serving your clients. In this video, Tom Terry, CPA and Partner at Markowitz, Fenelon and Bank, shares how delegating …

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Keep these state farmer tax credits in mind

Here are the most important tax credits to consider for your farm or ag-related business As Congress continues to debate federal tax reform legislation, New York State farmers and ag-related producers should be aware of state tax credits in 2017. These credits, designed for New York’s agricultural industry, can help producers further manage their tax …

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