finance

SALAMANCA — With the district-wide vote less than three months away, the Salamanca City Central School is beginning to shape its preliminary numbers f...

BELMONT — Allegany County, through the county treasurer’s office, has received a 90+ cashVest Award for 2024 in recognition of its management of publi...

DEAR RUSTY: Why were the Social Security funds moved from the Social Security account to the General Fund with the government? Is it not then called a...

SALAMANCA — For the first time since 2022, the Common Council is considering a city budget with a property tax increase. With tentative appropriations...

New York in 2022 told school districts they’d be barred from purchasing gasoline- or diesel-powered buses after 2027, and instead have to buy electric...

OLEAN — A spending and hiring freeze across city government has been triggered by six-figure sales tax losses. In a letter obtained by the Times Heral...

NEW YORK (TNS) — As the costs of raising a family continue to skyrocket across the state,New York's governor is looking to put thousands of dollars ba...

Tax filing season is upon us, and state and federal tax bodies are offering tips to ensure complete, accurate and timely filing. The Internal Revenue ...

NEW YORK (TNS) — The housing market appears to be starting 2025 in much the same way as it started 2024, with elevated mortgage rates, low levels of t...

OLEAN — The United Way of Cattaraugus and Allegany Counties is pleased to announce the availability of free basic tax preparation services through the...

The Internal Revenue Service and New York State Department of Taxation and Finance will begin processing income tax returns today, which marks the off...

DEAR RUSTY: I am 65 and currently working full-time. Can I apply for and start receiving my Social Security benefit? I'd expect to have to pay income ...

DEAR RUSTY: For most folks collecting Social Security, you get back what you put in within 3-5 years, so for those that scream, “SS is not an entitlem...

OLEAN — The Greater Olean Area Chamber of Commerce's first Business After Hours of 2025 is set for 5 to 7 p.m. Jan. 15 at Raymour & Flanigan, 802 W. S...

DEAR RUSTY: I'm 72 years old with 20 years of military service. I am retired collecting Social Security, my military pension and state retirement bene...

WASHINGTON (TNS) — “Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed — blame th...

DEAR RUSTY: My wife will reach her full Social Security benefit at 66.5 years of age which is just under 2 years away for her now. If she were to begi...

OLEAN — Community Bank announces the promotion of Connor Nolan of Allegany to assistant director of consumer and mortgage ending. In his new position,...