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Growth, Value, or Both

The terms growth and value are often used to describe two different investment strategies, yet many investors may want both qualities in an investment. Famed investor Warren Buffett put it this way in a 2015 interview: "I always say if you aren't investing for value, what are you investing for? And the idea that value and growth are two different things makes no sense.... Growth is part of the value equation."1

Even so, analysts may look at specific stocks as offering more growth potential than value, and vice versa. And these concepts are used to construct many mutual funds and exchange-traded funds (ETFs). So it's helpful to understand the opposing ideas, even if you want the best of both in your portfolio.

Poised to grow?

Businesses Can Dramatically Decrease the Likelihood of Slip and Fall Incidents

Businesses Can Dramatically Decrease the Likelihood of Slip and Fall Incidents

The statistics are daunting: Falls account for over eight million hospital emergency room visits annually and are the leading cause of workers’ compensation claims. Additionally, floors and flooring materials contribute directly to more than two million fall injuries suffered each year.

In an effort to eliminate slip and fall occurrences — and the potential for expensive lawsuits — many business owners across the country are turning to Sure Step, a non-slip treatment that can be applied to a wide variety of flooring surfaces to help prevent slip and fall incidents.

Medicare and Medicaid: What's the Difference?

It's easy to confuse Medicare and Medicaid, particularly since they're both government programs that pay for health care. But there are important differences between each program. Medicare is generally for older people, while Medicaid is for people with limited income and resources.

What is Medicare?

Medicare is a federal health insurance program that was enacted into law to provide reasonably priced health insurance for retired individuals, regardless of their medical condition, and for certain disabled individuals, regardless of age. It is managed by the Centers for Medicare & Medicaid Services, a division of the U.S. Department of Health and Human Services.

What is Medicaid?

Medicaid is a health insurance program that is jointly administered by state and federal governments. Medicaid serves financially needy individuals who are also elderly, disabled, blind, or parents of minor children.

BBB, AT&T, ASIS, U.S. Attorney’s Office and others partner to present free cybersecurity event

BBB, AT&T, ASIS, U.S. Attorney’s Office and others partner to present free cybersecurity event

According to the National Cyber Security Alliance, 60 percent of small businesses that experience a data breach or a cyber-attack are unable to maintain business. In addition, the average cost to fix an attack or a breach is close to $700,000.

To help educate Western New Yorker’s on how to protect their business from an attack or a breach, Better Business Bureau of Upstate New York, AT&T, American Society for Industrial Security (ASIS) Western New York have partnered with the U.S. Attorney’s Office, Crimestoppers, Erie County Law Enforcement Foundation, Lawley, Lincoln Archives to host a free cybersecurity seminar, featuring experts on topics including:

·         Cyber security and your business

·         Securing your mobile device and data

·         Cyber security insurance

Helpful Tips to Keep in Mind When Amending Your Tax Return

Taxpayers can fix mistakes or omissions on their tax return by filing an amended tax return. Those who need to amend will find the following tips helpful.

Important Facts about Filing Late and Paying Penalties

April 18 was this year’s deadline for most people to file their federal tax return and pay any tax they owe. If taxpayers are due a refund, there is no penalty if they file a late tax return.

Taxpayers who owe tax, and failed to file and pay on time, will most likely owe interest and penalties on the tax they pay late. To keep interest and penalties to a minimum, taxpayers should file their tax return and pay any tax owed as soon as possible.

Here are some facts that taxpayers should know: 

Tax Tips to Help You Determine What Makes a Gift Taxable

Taxpayers who give money or property to others may wonder about the federal gift tax and if it applies. Most gifts are not subject to the gift tax.

Here are seven tax tips about the gift tax and giving:

1. Nontaxable Gifts. The general rule is that any gift is potentially taxable. However, there are exceptions to this rule. The following are nontaxable gifts: