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Don't be Scammed by Fake IRS Communications

Don't be Scammed by Fake IRS Communications

The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal Revenue Service. Many of these scams fraudulently use the Internal Revenue Service name or logo as a lure to make the communication more authentic and enticing. The goal of these scams – known as phishing – is to trick you into revealing personal and financial information. The scammers can then use that information – like your Social Security number, bank account or credit card numbers – to commit identity theft or steal your money.

Here are five things the IRS wants you to know about phishing scams:

1. The IRS doesn’t ask for detailed personal and financial information like PIN numbers, passwords or similar secret access information for credit card, bank or other financial accounts.

Maziarz Announces 'Power for Jobs' Reform Advancing

Maziarz Announces 'Power for Jobs' Reform Advancing

The New York State Senate Energy and Telecommunications Committee has approved legislation to reform the Power for Jobs program which provides low-cost hydroelectric power to Upstate businesses.

The measure would eventually phase out the Power for Jobs program and replace it with a new "ReCharge NY" power plan. This new plan would allow businesses to enter agreements with the New York Power Authority for seven year contracts. 

“The best use for low-cost hydropower generated primarily at places like the Niagara Power Project, which is located in my Senate district, and the St. Lawrence-FDR Power Project, is to support economic development,” Senator Maziarz added.  “This is a comprehensive reform that will have a huge impact on New York State.  We cannot afford not to get this passed, and I look forward to continuing to work with Governor Cuomo and my Senate and Assembly colleagues to get it done.”

Kaleida Healthcare Workers Kick-Off Contract Campaign

Kaleida Healthcare Workers Kick-Off Contract Campaign

From a Statement Issued by CWA Local 1168 

 BUFFALO, N.Y. - More than 100 nurses, lab technicians, and other healthcare workers kicked off contract negotiations on Wednesday morning with a rally focusing on the need to protect high-quality patient care for Western New York families.  At the rally they unveiled billboards that will stand outside Kaleida hospitals around the community.   

“Quality, affordable patient care is our number one concern,” said CWA Local 1168 President John Klein.  “Kaleida must give us the tools we need to care for our community.” 

The rally marked the start of contract negotiations with Kaleida Health, Western New York’s largest health system, which includes Buffalo General, DeGraff, and Millard Fillmore hospitals.  The contract expires on May 31st.

Ten Important Facts About Capital Gains and Losses

Ten Important Facts About Capital Gains and Losses

Did you know that almost everything you own and use for personal or investment purposes is a capital asset? Capital assets include a home, household furnishings and stocks and bonds held in a personal account. When a capital asset is sold, the difference between the amount you paid for the asset and the amount you sold it for is a capital gain or capital loss.

Here are ten facts from the IRS about gains and losses and how they can affect your Federal income tax return.

1.         Almost everything you own and use for personal purposes, pleasure or investment is a capital asset.

2.         When you sell a capital asset, the difference between the amount you sell it for and your basis – which is usually what you paid for it – is a capital gain or a capital loss.

3.         You must report all capital gains.

Gas Prices Rising, But Slower Than National Average

Gas Prices Rising, But Slower Than National Average

BUFFALO, N.Y. - As of Monday, February 28, average retail gasoline prices in Buffalo have risen 13.4 cents per gallon in the past week, averaging $3.47/g Sunday. This compares with the national average that has increased 17.0 cents per gallon in the last week to $3.34/g, according to gasoline price website BuffaloGasPrices.com.

Including the change in gas prices in Buffalo during the past week, prices yesterday were 60.7 cents per gallon higher than the same day one year ago and are 16.3 cents per gallon higher than a month ago. The national average has increased 25.3 cents per gallon during the last month and stands 64.9 cents per gallon higher than this day one year ago.

About BuffaloGasPrices.com

Ten Facts About IRS Volunteer Tax Assistance

Ten Facts About IRS Volunteer Tax Assistance

Taxpayers looking for free basic income tax preparation assistance may qualify for IRS sponsored community-based, volunteer tax return preparation programs.

Here are the top 10 things the IRS wants you to know about these volunteer programs.

1.         The IRS sponsors both the Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs. 

2.         The IRS Volunteer Income Tax Assistance Program offers free tax help to people who earn less than $49,000. Most locations offer free electronic filing. 

3.         The Tax Counseling for the Elderly Program offers free tax help to taxpayers who are 60 and older. 

NOCO Express Recognized by Convenience Store Industry

NOCO Express Recognized by Convenience Store Industry

TONAWANDA, N.Y. - NOCO Express was recognized by CSP Information Group for its efforts in utilizing consumer-friendly technologies.  Henry Bays, general manager, accepted the Customer Experience Award at CSP’s recent Convenience Retailing University conference in Arizona. CSP Information Group publishes Convenience Store Petroleum, the leading convenience store industry publication.

“Today’s consumers are more tech savvy than ever before and have come to expect the latest technology from retailers,” said Michael Newman, executive vice president. “Keeping the NOCO brand top of mind and in front of customers both at our Express stores and at home helps drive traffic into our stores.”