July 15 Deadline for Reporting Foreign Income
July 15 Deadline for Reporting Foreign Income If you live or work outside the United States, you generally must file and pay your tax in the same way as people…
Small Business Financing: Securing a Loan
Small Business Financing: Securing a Loan At some point, most small business owners will visit a bank or other lending institution to borrow money. Understanding what your bank wants, and…
Paying off Debt the Smart Way
Paying off Debt the Smart Way With a potential economic downturn in the wings due to COVID-19, being debt-free is a worthwhile goal. Unfortunately, between mortgages, car loans, credit cards,…
Exciting News!
Perry & Company PC has merged into Wessel & Company. The Cranberry Township-based CPA Firm, Perry & Company PC has joined the well-established, Johnstown-based Wessel & Company effective July 1, 2020. The combined…
PPP Flexibility Act of 2020
PPP Flexibility Act of 2020 On June 3, 2020, Congress passed the PPP Flexibility Act of 2020 (“PPP Flexibility Act”) after receiving bipartisan support in both the House and Senate.…
Avoid These Common Errors When Filing a Tax Return
Avoid These Common Errors When Filing a Tax Return When filing a tax return, mistakes such as the common errors listed below can result in a processing delay – and…
Preparing an Effective Business Plan
Preparing an Effective Business Plan A business plan is a valuable tool whether you’re seeking additional financing for an existing business, starting a new company, or analyzing a new market.…
Pass on Wealth to Heirs Using These Strategies
Pass on Wealth to Heirs Using These Strategies Individuals with significant assets who want to transfer wealth to heirs tax-free, as well as minimize estate taxes, should take advantage of…
Loan Forgiveness Under the Paycheck Protection Plan
Loan Forgiveness Under the Paycheck Protection Plan As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law March 27, many small business owners were able…
PPP Loan Forgiveness Application
PPP Loan Forgiveness Application Last week, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. While the application is…