Please call our office before stopping by on Wednesday, August 22!
The Allied team will be participating in firm-wide training from 10:00 AM - 3:00 PM on August 22, 2018. The Rochester, Honeoye and Oneonta offices will be closed so that all staff will be able to participate.

On Monday, September 3, 2018 all of our offices will be closed
in observance of Labor Day.
NYS Sexual Harassment Prevention Training
Effective October 9, 2018 New York State will be requiring all employers to adopt and distribute a sexual harassment prevention policy and provide interactive sexual harassment prevention training to all employees.

The state will be developing a model policy and a model training so that employers will not need to create their own however they will be required to administer both the policy and the interactive training to their employees. Employers will also have the option of creating their own policy and training program as long as they meet the state requirements.

Allied Financial Partners will continue to provide information about these requirements as
they become available.
Bunching Charitable Donations
Under the new tax law, starting in 2018, many people will be able to take advantage of the increased standard deductions instead of itemizing their state and local taxes, mortgage interest, donations, etc.

What if you are a borderline case where your standard deduction and your total itemized deductions are about the same amount? Bunching your charitable donations can give you an advantage.

Learn more about how charitable donation bunching works by visiting the Experts Corner of our website or contact our tax department at (585) 410-6733 or tax@alliedfp.com .
Tax Law Change: Employee Expense Deductions
One of the major changes in tax law beginning in 2018 is the elimination of the itemized deduction for unreimbursed employee expenses. This includes:

  • employee mileage
  • meals & entertainment
  • travel expenses
  • as well as other unreimbursed employee expenses

For more information on this change and how it may effect your specific situation, please contact our tax department at (585) 410-6733 or tax@alliedfp.com .
SBC Backpack Give Back
This year our team donated 35 backpacks filled with school supplies to the SBC Backpack Give Back school supply drive. At last count the SBC collected 1100 backpacks to be distributed to kids throughout the Greater Rochester area.
HR Featured Video:
Rewarding Employees For A Job Well Done
We'd like to hear from you!
The thumbs up corner of our semi-annual newsletter highlights our clients' achievements. If you have any news that you would like us to feature, please email Andrea True at atrue@alliedfp.com .
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Securities offered through Cambridge Investment Research, Inc. a broker-dealer, member FINRA / SIPC , Investment Advisor Representative, Cambridge Investment Research Advisors, Inc. a Registered Investment Adviser. Cambridge does not provide tax services. Accounting, Payroll, Fixed & Health Insurance, and HR Services are offered through Allied Financial Partners. This communication is strictly intended for individuals residing in the states of AZ, CA, CO, CT, FL, IL, NC, NH, NY, PA, TN, VA and WA. No offers may be made or accepted from any resident outside the specific state(s) referenced. Cambridge and Allied Financial Partners are not affiliated.