Tax Considerations When Selling Your Small Business
Tax Considerations When Selling Your Small Business Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. If you’re…
Bill Polacek leads JWF Industries through moments of change by staying true
Over the past 35 years running JWF Industries, President and CEO Bill Polacek has faced several obstacles that required him to step back and rethink his approach. “I hit either…
New Cambria-Somerset County initiative offers remote workers $5,000 to relocate to area
Jay and Nikki Forde are from Seattle, Washington and moved to Johnstown last year. “Seattle has been very good to us. We lived there, raised our kids there. But we’re…
Refunds for Nontaxable Unemployment Compensation
Refunds for Nontaxable Unemployment Compensation The IRS is automatically refunding money to eligible people who filed their tax return reporting unemployment compensation before the recent changes made by the American…
Avoiding Tax Surprises When Retiring Overseas
Avoiding Tax Surprises When Retiring Overseas Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the…
Saving for Education: Understanding 529 Plans
Saving for Education: Understanding 529 Plans Many parents are looking for ways to save for their child’s education and a 529 Plan is an excellent way to do so. Even…
Common Errors to Avoid When Filing a Tax Return
Common Errors to Avoid When Filing a Tax Return While not all mistakes on tax returns cause delays in refunds, some do. 1. Not using electronic filing. While this isn’t necessarily…