Tag: Articles

BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms, announced the promotion of Sareena Sawhney to Partner. Ms. Sawhney has served as Director of BST’s Valuation, Forensic Accounting & Litigation Support (“VFL”) team since December 2022.

Big news for businesses: On March 2, 2025, the U.S. Treasury Department suspended the March 21, 2025, filing deadline under the Corporate Transparency Act (CTA) for all domestic companies and U.S. citizens. In other words, if you were preparing to file, you don’t have to—at least for now.

BST & Co. has hired Ellen Sax as philanthropic strategy consultant for its CMO for Hire division. Sax brings 30 years of experience in corporate philanthropy to BST, having previously held senior executive positions at KeyBank and MVP Heath Care — a post she retired from last year.

If you’re someone who pays quarterly estimated taxes, there’s a critical deadline approaching: January 15th. By this date, you’ll need to have paid at least 90% of your total tax liability for the year to avoid underpayment penalties. These penalties have risen sharply due to higher interest rates. For most of 2024, underpayment interest fees were around 8%, compared to just 3% a few years ago. That difference can quickly add up, making it more important than ever to stay on top of your payments.

I got my first pair of hearing aids when I was 16. They didn’t last long because my Bichon Frise chewed them, but that’s a story for another time. In college, when upset about my hearing, or lack thereof, I imagined what people I knew would look like with hearing aids. At first, I thought I wanted people to understand what it was like to be hearing impaired. Then I realized I just wanted to look like everyone else. I didn’t want to be different in that way.

Here are the 2024 1099 basic filing requirements.

As the world changes rapidly, so too must your marketing strategy evolve to stay relevant. That doesn’t mean you go after every shiny new marketing trend because other brands do. What it means is you continue to ask the same tried and true questions. You ask them repeatedly, inquiring from diverse viewpoints, to confirm whether your strategy is still on point, or if you have some important work to do.

Do you know how much it costs to retain an existing client? Whatever the amount is, I guarantee you it’s less than what it costs to acquire a new client. So why do people focus on acquisition and ignore retention?

Strategic marketing is a driving force behind a company’s growth. When things are down, that is the worst time to stop your marketing efforts.

Fewer college students choosing field, but CPA firms make pitch to high schoolers.