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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Apr 14, 2000
Page
12
SU hosts a computer science fair Saturday featuring projects from York compares ret mest medical seLfacture and a powerful camera exhibit. Prominent participants include Univers s L.Csmith College of Enoreer rs and companies such as Carr New Venture Gear Telergy and Welth Allyn Inc.
The Onondaga County IDA approved 30,090 dollars on Wednesday to fund a market and feasibility study for a downtown hotel near the Oncenter. The Metropolitan Development Association requested the money to hire a consultant and assess demand as the Oncenter loses convention bookings without an attached hotel.
The New York State United Teachers union moves from Salina to larger DeWitt quarters after a 6-0 vote. The plan includes a two story $3.4 million office and training facility on Brittenfeld Parkway with tax breaks on construction materials, saving about $119,000 in sales taxes.
Yvette Reddick of Syracuse and Michael Catera join Seneca Data Distributors as sales associates. Steve Maser and Kathleen Winter are promoted to regional manager roles in North Syracuse and Syracuse respectively. Steve Sabella also joins as a sales associate.
A correction fixes errors about Ralph H. Scott of Phoenix who was named vice president and salesman for the Eastern and Syracuse regions of M&T Securities. He is a registered investment representative.
Tax filers gain an extra three days as April 15 falls on a weekend. The IRS extends the deadline to the next weekday not a holiday, with Massachusetts and Maine observing a holiday for Par isa Day. Local guidance notes the state and federal deadlines, extension options, penalties, and available help lines.
Selected figures through April 7 show returns at 77.1 million, up 0.6 percent, refunds at 61.8 million, up 2.9 percent. Total refunds and payments reach 102.3 billion dollars, up 9 percent with an average refund of 31,654 dollars, up 5.8 percent. Direct deposits total 52.4 billion, up 28 percent. Electronic filing rises 17.4 percent overall, led by computer at 26.1 million and self prepared at 3.8 million. Tax professionals file 22.3 million, up 16.6 percent.
A software glitch in New York's wholesale electricity market pushed February prices for reserve power up dramatically, adding about 865 million to statewide costs. Officials say three downstate firms controlled 97 percent of available capacity, blaming design issues and suspending market-based pricing with a price cap. Niagara Mohawk warned large industrial customers face double-digit increases as the market seeks fixes.
More than a third of Americans doubt online tax filing security, with 36 percent worried about privacy and 57 percent unconcerned. Despite fears, IRS data show about one fourth filed electronically last year, and use is rising toward an expected increase this year. The AP poll surveyed 1,002 adults from March 30 to April 5 with a 9 percentage point margin.
Trucking firms statewide argue the five cent per mile Highway Use Tax hurts competitiveness, shifting traffic to out of state carriers and raising costs. They cite 65 million in annual revenue, evasion issues, and higher New York tolls as factors while calls for full repeal surface in budget talks.
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