Q4 2022

I still have fond memories of 2019. It was east vs. west in the Super Bowl as the New England Patriots defeated the Los Angeles Rams. Gas was cheap, labor was abundant, the supply chain was flowing, and the minimum wage was $11.10 per hour. Yes, $11.10 per hour! It was only 3 years ago, […]

Founded by Charles Amodio, Partner at Ferraro Amodio & Zarecki CPAs, Meeting Point was started with the intention of bringing seasoned professionals in the local area together, in order to help facilitate connections based on specific industries. “Working in a forensic accounting firm, we get a lot of referrals. I saw an opportunity to expand […]

Driving While Intoxicated, or DWI, is a crime in New York.  Most people know that.  In fact, most reading this article probably know someone who has been arrested and charged with DWI.  I once heard it referred to by a police officer as “the common man’s crime.”  And to a great extent, that is an […]

Modern communities are a balancing act. For one to thrive, both day and night, it takes the right equation of established residential and commercial entities. As consumers of residential properties, many of us readily understand the markets and trends that are connected to this side of community life. However, how many of us truly understand […]

It is no secret that many businesses have been negatively impacted by the COVID-19 pandemic these past few years. A powerful tool for business owners to ease some of their financial burden has emerged: the Employee Retention Credit (ERC). This tax credit was initiated when President Trump signed the CARES Act into law in March […]

Other states have already fully entered the game.  Now it’s almost New York’s turn. So where does that leave investors who are thinking about entering into the Cannabis Industry?  Some are wondering if they should hold off, others are thinking the time is now. We had the opportunity to speak with Phil Spinelli of Nightshade […]

If you are an HR executive, business owner, or CEO “attracting and retaining qualified employees” has likely been top-of-mind in 2022.   It has certainly been one of the dominant themes we have repeatedly heard on some level while talking to business leaders throughout the year.  It seems that about every industry from hospitality to […]

A ‘to-do’ list that exposes the state’s electrifying future.  By the end of the year, New York’s Climate Action Council, formed under the Climate Leadership and Community Protection Act (CLCPA), is due to submit their final Draft Scoping Plan, which guides the State Energy Plan and its implementation.  Four years in the making, the sweeping […]

For many businesses locally (and nationally) the climate being created by inflationary pressures, housing prices, Interest rates, and available labor market, is creating a large and sudden decline in their company’s revenue; a decline that could create opportunities for competitors to scoop up Market share. WHY: As conditions move from boom to doom for many […]

With a philosophy of community development, The Adirondack Trust Company was founded in 1901 in Saratoga Springs, NY. Their purpose was clear and simple: to finance ventures in Upstate New York.  The bank leaders, who wanted a strong, locally owned Bank, opened their doors in 1902. By 1937, they took the initial steps toward automation […]

I recall in 1998 a great fear had swept over the tech industry and especially the banking sector: The Y2K bug. This flaw in older code, which only stored the last 2 digits of the year in order to save space, was still being used by many institutions as the turn of the century was […]