Our network

Business

Tomorrow’s Youth Today Receives $610,000 Grant from Buffalo, Erie County Workforce Investment Board

Catholic Charities Education and Workforce Development Department has received a one-year $610,000 grant from the Buffalo and Erie County Workforce Investment Board, Inc. (WIB) to support its Tomorrow’s Youth Today (TYT) Program, which helps Erie County residents obtain their High School Equivalency certificate and gain employment skills free of cost.  

Erie County WIB, which has supported Catholic Charities’ workforce programming since the agency began offering it in 1975, works to bring together representatives from business, labor, community-based organizations, education, human services, economic development and other critical groups to rethink and restructure the way local workforce development services are planned and delivered.

What is the Visa Bulletin?

What is the Visa Bulletin?

 

In several of our previous blogs, you may have noticed the term “visa bulletin.” This is a term that pops up quite frequently when discussing immigration matters. The visa bulletin is a monthly online publication issued by the United States Department of State containing detailed information on the availability of immigrant visa numbers. It is typically issued in the second or third week of each month. 

What Is the Federal Reserve and What Does It Do?

If you follow financial news, you've probably heard many references to "the Fed" along the lines of "the Fed did this or that," or "market watchers are wondering what the Fed will do next." So what exactly is the Fed and what does it do, anyway?

What is the Federal Reserve?

The Federal Reserve--or "the Fed" as it's commonly called--is the central bank of the United States. Generally speaking, a central bank is a large, centrally controlled bank that's in charge of a country's interest rates, money supply, and banking system. Most countries have a central bank.

10 Basic Tax To-Dos for the Rest of 2014

Here are 10 things to consider as you weigh potential tax moves between now and the end of the year.

1. Make time to plan

Effective planning requires that you have a good understanding of your current tax situation, as well as a reasonable estimate of how your circumstances might change next year. There's a real opportunity for tax savings when you can assess whether you'll be paying taxes at a lower rate in one year than in the other. So, carve out some time.

2. Defer income

Consider any opportunities you have to defer income to 2015, particularly if you think you may be in a lower tax bracket then. For example, you may be able to defer a year-end bonus or delay the collection of business debts, rents, and payments for services. Doing so may enable you to postpone payment of tax on the income until next year.

3. Accelerate deductions

CBP Announces New Mobile Passport Control App

CBP Announces New Mobile Passport Control App

 

U.S. Customs and Border Protection recently announced the launch of the first authorized app to expedite a traveler’s entry process into the U.S. The app, Mobile Passport Control, or MPC, will allow eligible travelers to submit their passport information and customs declaration form via a Smartphone or tablet prior to CBP inspection. 

The app was developed by Airside Mobile and Airports Council International-North America (ACI-NA) in partnership with CBP as part of a pilot program at the Hartsfield-Jackson Atlanta International Airport. The app became available to eligible travelers arriving at Hartsfield-Jackson Atlanta International on Aug. 13. MPC is expected to expand to more airports later this year. 

Quiz: How Much Do You Know about Social Security?

You're probably covered under Social Security--according to the Social Security Administration, an estimated 165 million workers are*--but how much do you know about this program? Test your knowledge by answering the following questions.

Questions

1. If you decide to collect your retirement benefit starting at age 62, your benefit will be how much less than if you wait until your full retirement age?

a. 5% to 10% less

b. 15% to 20% less

c. 25% to 30% less

d. 35% to 40% less

2. Your spouse and children may be eligible for benefits if something happens to you.

a. True

b. False

3. The Social Security taxes that are collected from your paycheck are called:

a. FUTA taxes

b. FETA taxes

c. FICA taxes

Heed Immigration Rules When Hiring Foreign Employees

Heed Immigration Rules When Hiring Foreign Employees

 

A recent influx of jobs into the Western New York marketplace has left Buffalo area businesses in an interesting position — trying to find enough qualified employees to fill those openings. As a result, a number of companies, especially those needing to fill high-tech positions, may expand their search beyond U.S. borders.

That, however, can create unanticipated problems for companies not familiar with the process for filling positions with foreign nationals. In a nutshell, the process can be both complicated and expensive.