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Recent News & Blog

  • COVID-19 Pennsylvania Hazard Pay Grant Program

    Attention PA Businesses: Grant Deadline this Friday!

  • Reopening concepts: What business owners should consider

    A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with the crisis as “the hammer and the dance.” The hammer was the abrupt shutdown of most businesses and institutions; the dance is the slow reopening of them — figuratively

  • Main Street Lending Program now open to nonprofit applicants

    Last week, the Federal Reserve announced that not-for-profit organizations now may apply for loans under the $600 billion Main Street Lending Program.

  • Take advantage of a “stepped-up basis” when you inherit property

    If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Fair market value rules

  • DOL Updates FMLA Forms

    The DOL (Department of Labor) has published new FMLA (Family and Medical Leave Act) forms that covered employers may use to provide required notices to employees and employees can use to provide certification of their need for leave for an FMLA-qualifying reason.

  • Professional services marketing in a post-pandemic world

    Just a few months ago, our world shifted overnight with seemingly no warning. Non-essential businesses were suddenly forced to function in a solely virtual environment – ready or not.

  • Reporting embedded leases

    In 2016, the Financial Accounting Standards Board (FASB) published guidance that requires major changes to how leases are reported on financial statements. One area of the guidance that’s especially complicated relates to “embedded” leases. Updated guidance

  • Does your business have a unique selling proposition?

    Many business owners — particularly those who own smaller companies — spend so much time trying to eliminate weaknesses that they never fully capitalize on their strengths. One way to do so is to identify and explicate your unique selling proposition (USP).

  • Businesses: Get ready for the new Form 1099-NEC

    There’s a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with tax year 2020, payers must complete Form 1099-NEC, Nonemployee Compensation, to report any payment of $600 or more to a payee. Why the new form?

  • Communicate with Customers: QuickBooks and Microsoft Word

    The pandemic has forced businesses to find new ways to connect with customers. QuickBooks has built-in tools that can help.

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