News & Updates
Increasing Revenue While Building Client Value
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...
Duman Park adds broadband access
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...
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...
Minimizing Capital Gains Tax on Sale of a Home
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...
Keeping Good Tax Records Is Essential
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...
Opting Out of the Monthly Child Tax Credit Payment
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...
Retirement Plan Options for Small Businesses
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...
City housing market hot: Homes in all price ranges trigger ‘competitive bidding’
Christian Beabes, 34, moved from California to the Johnstown area in June. Although she spent most of her adult life in California, the house she purchased in Geistown belonged to her grandfather. She is part of a trend. Demand for Johnstown’s housing stock has been...
American Rescue Plan Webinar Part 2- Local Governments & School Districts
[vc_row][vc_column][vc_video link="https://vimeo.com/574990513/ede3d9eede"][vc_column_text] American Rescue Plan Act of 2021 Part II of our American Rescue Plan webinar series to discuss the updated impact on local governments and school districts. Impact on Local...
Six Steps to Protect Against Taxpayer ID Theft
Six Steps to Protect Against Taxpayer ID Theft Tax-related identity theft occurs when someone uses a taxpayer's stolen personal information, such as a Social Security number, to file a tax return claiming a false refund. Thieves are actively working to steal taxpayer...