Marginal vs. Effective Tax Rates

Marginal vs. Effective Tax Rates Understanding marginal and effective tax rates are important for tax planning purposes; however, many taxpayers don’t fully understand the differences. Let’s take a closer look: Marginal Tax Rate The United States has a progressive tax system. The more money you earn, the higher your tax rate is and the more…

Community Foundation for the Alleghenies marks $100 million in assets, announces $1 million in new grants

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…

Defending champion Summerhays fronts impressive field in 68th Sunnehanna Amateur

The 68th Sunnehanna Amateur Tournament for Champions will bring a field of 101 golfers to the Westmont course, including defending champion Preston Summerhays. The tournament will begin Wednesday and conclude on Saturday at the par-70 Sunnehanna Country Club. Summerhays shot a final-round 5-under 65 to finish with a Sunnehanna Amateur record-tying 14-under 266 – matching…

12 Best Small Towns in Pennsylvania

With so many different sides to it, Pennsylvania really is a treat to travel around and surely has something for everyone to enjoy. While its big cities of Pittsburgh and Philadelphia bustle with life, countless small towns in Pennsylvania can be found tucked away among the fertile farms and fields of Amish Country or the stupendous scenery…