News & Updates
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....
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...
Lets Talk ERC
Employee Retention Credits Last year, the CARES Act introduced an Employee Retention Credit (ERC) to provide reimbursement of wages for businesses affected by the COVID-19 virus and incentivize employers to maintain a pre-pandemic level workforce. Although it was...
Tips for Students with a Summer Job
[vc_row][vc_column][vc_column_text] Tips for Students with a Summer Job If your child is a student with a summer job, the income your child earns over the summer is considered taxable income. Here's what they should know: Form W-4. When anyone gets a new job, they...
HSA Limits Increase for 2022
[vc_row][vc_column][vc_column_text] HSA Limits Increase for 2022 Contributions to a Health Savings Account (HSA) are used to pay current or future medical expenses of the account owner, his or her spouse, and any qualified dependent and are adjusted annually for...
Changing Jobs? Don’t Forget About Your 401(k)
[vc_row][vc_column][vc_column_text] Changing Jobs? Don't Forget About Your 401(k) One of the most important questions you face when changing job is what to do with the money in your 401(k) because making the wrong move could cost you thousands of dollars or more in...
Tax Considerations When Selling Your Small Business
[vc_row][vc_column][vc_column_text] Tax Considerations When Selling Your Small Business Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. If you're thinking about selling your business the...
Bill Polacek leads JWF Industries through moments of change by staying true
Over the past 35 years running JWF Industries, President and CEO Bill Polacek has faced several obstacles that required him to step back and rethink his approach. “I hit either a ceiling or we were at the point where the market was oversaturated, the market was going...
New Cambria-Somerset County initiative offers remote workers $5,000 to relocate to area
Jay and Nikki Forde are from Seattle, Washington and moved to Johnstown last year. "Seattle has been very good to us. We lived there, raised our kids there. But we're looking to get away from the hustle and bustle," said Jay. Since they run a website design business...
Refunds for Nontaxable Unemployment Compensation
[vc_row][vc_column][vc_column_text] Refunds for Nontaxable Unemployment Compensation The IRS is automatically refunding money to eligible people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan....