Increasing revenue while building client value Somewhere along the journey, many firms lost sight of the mission. The mission is not to address compliance. Compliance is a task to accomplish that is part of the mission. The goal is to help the client build value. It is to provide their leadership with ideas and insight…
EBENSBURG – Those looking for a break outdoors at Duman Lake County Park can now have internet access in the event of an emergency or if they’d like to take their at-home work outdoors for the day. On Friday, Cambria County Commissioners, along with representatives of local politicians’ offices and county offices, and In the…
HOLLSOPPLE, Pa. – The Community Foundation for the Alleghenies has exceeded $100 million in total assets and announced more than $1 million in new grant awards. More than $88 million of the CFA’s total assets are invested in funds that will continue providing grants to address the needs of the region, theoretically forever, CFA President…
If you’re looking to sell your home this year, then it may be time to take a closer look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale of a home. The IRS home sale exclusion rule allows an exclusion of gain up to $250,000 for…
An important part of tax planning is keeping good records. Having an organized recordkeeping system makes it easier to file a tax return or understand a letter from the IRS. Here are some tips: Good Recordkeeping Helps Taxpayers: Identify sources of income. Taxpayers may receive money or property from a variety of sources. The records can…
Thanks to the advance payments of the Child Tax Credit, approximately 60 million children received $15 billion in July, according to the Department of Treasury and the IRS. While many of these families will benefit from the extra money deposited into their bank accounts, some families may want to opt-out and instead take the credit…
According to the US Small Business Administration, small businesses employ half of all private-sector employees in the United States. However, a majority of small businesses do not offer their workers retirement savings benefits. If you’re like many other small business owners in the United States, you may be considering the various retirement plan options available…