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Publications

Sunday, October 18, 2020

Congratulations Ariana Anoceto!

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Ariana C. Anoceto, CPA, has been promoted to Tax Supervisor. Anoceto joined the Firm in 2017. She received her B.S. and M.B.A in Accounting from Le Moyne College.

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Monday, October 12, 2020

Fraud Alert: Have You Heard About New Vishing Attacks?

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For years, businesses and individuals have had to worry about so-called “phishing” scams sent via email or text. These cyberattacks are designed to hook unsuspecting victims into revealing sensitive information. Now there’s a new twist aimed largely at small businesses: Voice phishing scams (also known as “vishing” using social engineering). A recent alert from the Cybersecurity […]

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Monday, September 7, 2020

Annual Healthcare Conference (Virtual)

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September 21st – 25th Join us virtually for a week filled with programs centered around Acute Care, Continuing Care and the Latest Healthcare Industry trends.  CPE credit will be available for each program. Choose and register for the following topics: Click here to view as a PDF MONDAY 9.2110:00-11:00 AM (EST) Accounting & Audit Update […]

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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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Wednesday, July 15, 2020

Who Will Run Your Business After You?

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If you’re a business owner, do you have a plan in place that names who’ll follow you as head of your company? You may feel you’re too busy running the business today to waste time on long-term plans that seem so distant. But there may be more reasons than you think to make decisions, some of […]

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