Nearing fiscal cliff, wind industry waits
For wind energy producers, the looming expiration date for the production tax credits, or PTCs, is getting even closer.
View ArticleTax season may bring changes and surprises next year
There could be some surprises for taxpayers in 2013. Many of them may find themselves with a bigger tax bill next year.
View ArticleResearch credit extension could be a double-edged sword
Tuesday’s fiscal cliff package included extensions to a range of business-related tax credits, including one aimed at supporting research and development. Although Rochester, Buffalo and Syracuse have...
View ArticleGOP pushes middle class tax breaks
New York Senate Republicans are pushing for middle class tax breaks in the new state budget, including a return to the New York State School Tax Relief Program property tax rebate checks curtailed in...
View ArticleA new plan to bring back the Hotel Syracuse
Sen. Charles Schumer is bringing his influence to the latest plan to revive the Hotel Syracuse. The Democrat senator believes a federal tax credit program would help draw investors that would be...
View ArticleState budget includes more tax credits for film industry
The state budget includes a provision aimed at boosting the film industry in upstate New York. The new tax credit creates a two-tiered system that includes a 10 percent credit for productions using...
View ArticleDevelopers stress urgency in revival of Watertown Woolworth building
After founding his first stores elsewhere, Jefferson County’s Frank Winfield Woolworth bought the building in Watertown where he got his start in the dry goods business, intending to raze it and build...
View ArticleHanna introduces bill offering tax breaks for emergency responders
When Mahlon Irish became a Homer volunteer firefighter in 1974, it was common for 60 people to head out to a fire. Now, it can be difficult to get the 12 firefighters national standards call for to a...
View ArticleDiNapoli urges New Yorkers to take advantage of state college saving plans
State Comptroller Tom DiNapoli is urging New Yorkers to invest in a 529 College Saving Program, which helps families save money for college tuition. DiNapoli says parents, grandparents and others can...
View ArticleNew organization's goal is to Solarize Syracuse
There’s a movement afoot in the Syracuse area to get more people to install solar energy technology in their home or business. Peter Wirth of Fayetteville installed solar panels on his home two years...
View ArticleLawmakers, preservationists call for historic building renovation credit to...
Preservationists and Syracuse-area economic development specialists are uniting to try and save a federal tax credit that’s helped renovation of historic buildings. They made the push from one of the...
View ArticleGillibrand again fighting for child care tax deductions
Sen. Kirsten Gillibrand (D-N.Y.) continues to make her case for legislation that would help ease the burden of child care costs, which the senator says add up to $10,000 a year per child for the...
View ArticleEmpire State Development commissioner calls comptroller's report 'flawed'
The head of New York state’s economic development agency says a recent report questioning its success is flawed. In his testimony to a state Legislature budget hearing, outgoing Empire State...
View ArticleCan on-site daycare help combat the problem of worker 'presenteeism?'
Many working parents may find it hard to imagine a daycare center right in the same building as their job. But Sen. Kirsten Gillibrand (D-NY) wants to change that. She has introduced a bill to...
View ArticleActor Ron Perlman brings production company to new central NY nano hub
Television and movie actor Ron Perlman is bringing his movie production company to central New York. He’ll start making films at the sound stage, being built at the new Central New York Hub for...
View ArticleSolar advocates worry increase in number of consumers will slow if incentives...
The latest drive for Solarize CNY is the largest campaign the grassroots solarize group has tackled, moving beyond Onondaga County into surrounding counties. And since this latest push started, more...
View ArticleNew state proposals would aid FitzPatrick plant with state money
New York lawmakers are proposing policies that they hope can save struggling upstate nuclear power facilities, including Oswego County's FitzPatrick Nuclear Power Plant, from closing.
View ArticleGroup asks Cuomo to oppose nuclear plant subsidies
More than 100 organizations across New York and the country are sending a letter to Gov. Andrew Cuomo asking the state not to subsidize nuclear power plants. The New York Public Service Commission is...
View ArticleNo vacancy at Syracuse Downtown Marriott days after opening
Operators of the new Marriott Syracuse Downtown opened the former Hotel Syracuse to the public last week, and are looking forward to their first full house this week.
View ArticleElected officials and advocates urge Cuomo to sign geothermal energy tax...
The Syracuse Common Council has joined in on an effort from advocates and elected officials to pressure Gov. Andrew Cuomo into signing a bill to give tax credits to geothermal energy. A 30 percent...
View Article
