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Tuesday, September 22, 2020

Congratulations Katie Bott!

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The following individual has been promoted to Audit Manager.  Katherine M. Bott, CPA, has been promoted to Audit Manager. Bott joined the firm in 2015.  Katie provides accounting, audit and advisory services to many of the Firm’s healthcare and not-for-profit organizations, as well as their employee benefit plans. Katie is a member of the American […]

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Tuesday, September 22, 2020

Congratulations David Smith

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The following individual has been promoted to Senior Associate.  David C. Smith, CPA, has been promoted to Senior Associate. Smith joined the Firm in 2018. He received his B.S. and M.B.A in Accounting from SUNY Oswego.  

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Tuesday, September 22, 2020

Congratulations Michael Bock!

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The following individual has been promoted to Senior Associate.  Michael R. Bock, has been promoted to Senior Associate. Bock joined the Firm in 2018. He received his B.S. and M.S. in Accounting from Syracuse University.

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Tuesday, September 22, 2020

FCC Ranks in at #15 Nationally!

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As previously disclosed, for the 3rd year in a row, we have been recognized by Accounting Today as one of the 2020 Best Accounting Firms to Work For! The ranking was just announced and FCC ranks in at #15 in the mid-sized firms category! Click here to view the article. About the recognition: Accounting Today partnered with Best Companies Group to […]

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Thursday, August 6, 2020

Not-for-Profit Newsletter: Summer, 2020

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NONPROFIT ORGANIZATIONS – STAYING FUNCTIONAL AND SAFE IN THE AGE OF CORONAVIRUS REFORECASTING YOUR BUDGET STRENGTHENING INTERNAL CONTROL IN THE COVID-19 ENVIRONMENT CARES ACT FUNDS FOR GOVERNMENTS COVID-19 AND PRIVACY: WHAT DO NONPROFITS NEED TO KNOW? MANAGING COMPENSATION IN THE ‘NEW NORMAL’ FEDERAL RESERVE PROPOSES EXPANDING MAIN STREET LENDING PROGRAM TO NONPROFIT ORGANIZATIONS and more… […]

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Thursday, August 6, 2020

FCC Recognized as 2020 Accounting Today’s Best Accounting Firms to Work for

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Fust Charles Chambers LLP, Certified Public Accountants has been recognized by Accounting Today as one of the 2020 Best Accounting Firms to Work For! Accounting Today partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. The survey and awards program are designed to identify, recognize and honor the best employers in the […]

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Saturday, July 25, 2020

CARES ACT EMPLOYEE RETENTION CREDIT FOR HOSPITALS, MEDICAL GROUPS AND HEALTHCARE PROVIDERS

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The Opportunity The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, provides several incentives for hospitals and healthcare organizations. The Employee Retention Credit (ERC) is one of them. The ERC provides a refundable credit of up to $5,000 per employee to eligible employers. The credit is equal to […]

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Thursday, July 23, 2020

DURING AN ECONOMIC DOWNTURN: REVIEW PLAN DESIGN AND EXPENSES TO PROTECT CASH FLOW

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Managing cash flow is an ongoing priority for any business.  Protecting an organization’s cash flow in times of economic distress is paramount. To retain liquidity in the short term, many organizations are examining their retirement plans for flexibility in cash outflows. Adjusting or temporarily putting a hold on employer contributions to retirement plans stands out as […]

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Thursday, July 16, 2020

David Smith Earns CPA License

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David C. Smith, Audit Associate has earned his Certified Public Accountant (CPA) license. Smith joined the Firm in October, 2018. He received his B.S. and M.B.A. in Accounting from SUNY Oswego.

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Wednesday, July 15, 2020

Hobby or Business? How to Treat COVID-19 Sideline Activities for Taxes

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Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be especially helpful for retired people and stay-at-home parents — or for those who been laid off or taken a pay cut, during the COVID-19 crisis. For […]

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