Questions Business Owners and Management Should Consider in the COVID-19 Environment As Business Owners, Executive Directors or Key Management weigh the practical challenges of accounting, reporting and disclosing the impacts of COVID-19, the following series of questions are designed to assist Business Owners and/or Management in execution of their oversight roles and responsibilities to ensure…
Download PowerPoint SlidesDownload HR Checklist Our Year-End Business & Accounting webinar to discussed the changes for the coming year with payroll and QuickBooks. Session Overview: Session Moderated By Amy Edmiston, CPA, CSEP, CNAP & Patti Hudson, CPA Opening Remarks Amy Edmiston, CPA, CSEP, CNAP End-of-Year HR Checklist Christine Britton, SHRM-CP, JCDC, JCTC 1099 & Payroll…
The new stimulus bill has been signed – what does this mean for my business? The President has just signed the Consolidated Appropriations Act of 2021 which includes a $900B COVID-19 relief package. The relief package includes several key provisions which may provide a significant benefit to businesses throughout the Country. The following is an…
Protecting Business Taxpayers From Identity Theft Starting December 13, 2020, the IRS began masking sensitive data on business tax transcripts. Previously, only sensitive data on individual tax transcripts was masked. Here’s what you need to know about this new initiative to protect business taxpayers from identity theft: What is a tax transcript? A tax transcript…
COVID-related Tax Relief Act of 2020 The Consolidated Appropriations Act, 2021, H.R. 133 included funding for the government, extensions for expiring tax extenders, COVID tax relief under the COVID-related Tax Relief Act of 2020, and many more items. Passed by both the House and Senate, it was signed into law by President Trump on December…
Identity Protection Pin Available To All Taxpayers Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identity. Previously, IP PINs were only available to identity theft victims. What is an Identity Protection PIN? An identity protection personal identification number (IP PIN) is…
Important Tax Changes for Individuals and Businesses Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead. Individuals In 2021,…
Johnstown natives who have moved away and people with friends in the area may soon notice Facebook content that promotes living in Johnstown. Targeted Facebook ads are part of a nascent campaign to attract telecommuters to move to Johnstown, which is being promoted for its affordability and outdoorsy appeal. The Cambria Regional Chamber of Commerce has…
When COVID-19 struck last March, employers quickly switched to a work-from-home model for their employees, many of whom began working in a state other than the one in which their office was located. While some workers have returned to their offices, many have not. If you’re working remotely from a location in a different state…
Certain energy-efficient home improvements can cut your energy bills and save you money at tax time. While many of these tax credits expired at the end of 2016, tax credits for residential and non-business energy-efficient solar technologies do not expire until December 31, 2021. Here are some key facts that you should know about these…