Conventional wisdom suggests that conversion of a traditional IRA into a Roth IRA is better for younger individuals in lower tax brackets. The tax cost will be less, and the years of investment growth will be more, than would be the case for an older individual. However, the recent stock market downturn may present an […]
John J. Donner will give a webinar on Small Business Legal Issues on Thursday, September 8, 2022. This webinar begins at 6 pm and is sponsored by SCORE. For registration and additional information on this event, visit the “Take a Workshop” tab of the SCORE Buffalo Niagara website (buffaloniagara.score.org) and click on the event. […]
John J. Donner will give a presentation on the forms of business organization on Saturday, August 20, 2022, at a Starting and Managing Your Own Business workshop at the Calspan Building Complex, located at 4411 Genesee Street Cheektowaga, NY 14225 (opposite the Buffalo airport). This all-day, in-person workshop begins at 8:30 am and is sponsored […]
David L. Roach will give a presentation on the forms of business organization on Saturday, January 22, 2022, at a Starting & Managing your Own Business workshop at the Buffalo Downtown Central Public Library, sponsored by SCORE, the Service Corp of Retired Executives.
The Internal Revenue Service announced on November 4, 2022, increased contribution amounts for 401(k), 403(b), the federal government’s Thrift Savings Plan and most 457 plans. Employees will be able to contribute $20,500 to their plans in 2022, up from $19,500 in 2021. The additional catch-up contribution for workers age 50 and older is unchanged at […]
The Buffalo Business Forward Small Business Grant Program announced by Mayor Brown on October 26, 2021, will provide grants up to $25,000 to 50 small businesses facing hardships due to the pandemic and located within certain Buffalo neighborhoods.