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Small Employers Should Check Out the Health Care Tax Credit

 

New and existing small employers who do not yet benefit from the Small Business Health Care Tax Credit should look into whether the credit can help them provide insurance to their employees.

For tax years beginning in 2014 and after, the maximum credit is 50 percent of premiums paid for small business employers, and 35 percent of premiums paid for tax-exempt small employers, such as charities.

Beginning in 2014, a small employer may qualify for the credit if:

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East Aurora Native Launches New Lifestyle Website for Men

East Aurora Native Launches New Lifestyle Website for Men

 

Steven Helmicki, an anti-concussion advocate and president of Primordial Strength Inc., a private gym located in Elma, announces the launch of his latest project, a lifestyle website for men — primordialman.com.  

Primordialman.com is an affiliate of Schott NYC, a premier USA-based manufacturer of leather goods. The website also features high-quality products such as Chanel Platinum, Omega Watches, Boston Whaler, Gustin Jeans and others.  

Elmwood-Bidwell Farmers Market Lists Oct. 25 Highlights

Elmwood-Bidwell Farmers Market Lists Oct. 25 Highlights

 

The popular Elmwood-Bidwell Farmers Market, featuring nearly 40 vendors selling fresh, seasonal and local produce and products, continues its 15th season on Oct. 25. A program of the Elmwood Village Association, the market is held from 8 a.m. to 1 p.m. Saturdays, rain or shine, through Nov. 29. 

Providing musical entertainment on Oct. 25 (weather permitting) will be violinist David Adamczyk from 9:30 to 11 a.m, followed by Monica Huntz from 11 a.m. to 12:30 p.m. Occupying the market’s community tables this Saturday will be Asha Sanctuary, GA Family Services Foster Care and Cornell University. Additionally, Weiss Farms will be bringing their popular pumpkin wagon back to the market on Oct. 25!

Tim Russert exhibit opens Friday


BUFFALO, NY - "Inside Tim Russert's Office" exhibit at the Buffalo History Museum opened Friday to the public.

The exhibit honoring the late moderator of "Meet the Press" and Western New York native has been on display at the Newseum in Washington D.C. for years. Buffalo will now become the permanent home of the journalism star's office exhibit.

Russert's Washington Bureau desk is placed just as he had left it, with all his trinkets, cell phone and scripts. The walls are also full of memorabilia including his famous white board.

Two On Your Side's MaryAlice Demler talked to Tim's son, Luke Russert, on opening night.

For more information, go to buffalohistory.org

Check out photos from the exhibit here:

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Rollover of After-Tax Dollars from 401(k) Plans

Background

Here's the dilemma. You have a traditional 401(k) that contains both after-tax and pre-tax dollars. You'd like to receive a distribution from the plan, convert only the after-tax dollars to a Roth IRA, and roll the pre-tax dollars into a traditional IRA. (By rolling over/converting only the after-tax dollars to a Roth IRA, you avoid paying any income tax on the conversion.)

For example, let's say your 401(k) plan account balance is $10,000, consisting of $8,000 of pre-tax dollars and $2,000 of after-tax dollars. Can you simply request a total distribution of $10,000, instructing the trustee to directly roll the $8,000 of pre-tax dollars to a traditional IRA and the remaining $2,000 of after-tax dollars to a Roth IRA?

Local Restaurant Week Starts Monday!!

Local Restaurant Week Starts Monday!!

Here is a quick link to some of your favorite restaurants & their LRW menus!!

 

Open House and Cardboard Box City Event

Open House and Cardboard Box City Event

Family Promise of Western New York To Hold Cardboard Box City Event

Invites Community Groups and Individuals To Get Involved

Family Promise of Western New York will hold a Cardboard Box City and Open House Event on November 14th, 2014, at 5:00 pm at 149 French Rd. in Cheektowaga.
Cardboard Box City is a fundraiser in which people spend the night in a cardboard box to increase awareness about homelessness and raise money to support Family Promise, a local agency that helps homeless families with children remain intact while they transition to self-sufficiency.