Entrepreneur

Economic Outlook

The Alternative Board - Pittsburgh Presents An Economic Outlook (with Stu Hoffman) & Virtual Sample Board Meeting Please Join Us for Two (Virtual) Events:  An Economic Outlook with Stu Hoffman (Senior Economic Advisor at PNC Financial Services Group) will discuss his views on the COVID economic forecast for the remainder of 2020 and 2021. Mr. Hoffman's insights have proved invaluable [...]

2020-09-11T18:36:40-04:00September 29th, 2020||

Business Startup Foundations

As a startup business owner, you work your plan and check off your mandatory tasks. Market research – check. Business plan – check. Brick & mortar or online – check. Business name – check. Great job! But there's more to do so your business succeeds, maximizes profit, and minimizes expenses. There are four areas that the initial decision will make [...]

2020-07-13T11:34:52-04:00July 13th, 2020|Agency News|

Pennsylvania Small Business Grants

PA Statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 The COVID-19 Relief PA Statewide Small Business Assistance program is open for application and will provide grants ranging from $5,000 to $50,000 to small businesses economically impacted by COVID-19. This program is not a first-come, first-served program, but will fund the most qualified applicants. The funding [...]

2020-06-30T12:14:55-04:00June 30th, 2020|In the News|

Debt Relief – Additional Resources for Small Businesses

The impact of the shutdown has caused economic uncertainty, especially for small businesses.   It is necessary to have a plan in place which will require preparation from the small business owners, themselves. One of the biggest concerns is going to be funding cash flow shortages. Access to capital is critical and could mean the difference in your business thriving or your business shutting [...]

2020-06-15T13:44:12-04:00June 15th, 2020|In the News|

The President Signs Paycheck Protection Flexibility Act to Ease Restrictions on PPP Loan Spending Restrictions

The Paycheck Protection Flexibility Act, H.R. 7010 signed by President Trump on June 5, 2020, relaxing the requirements on PPP small-business loans and addresses concerns of employers struggling to stay open during the shutdown.   The bill extends the time PPP recipients must spend PPP funds from 8 weeks to 24 weeks. It also lowers the portion of PPP funds [...]

2020-07-22T12:56:30-04:00June 8th, 2020|In the News|

SBA Approved Banks Processing PPP Loans

Please refer to our EVOLVING alphabetical list below of SBA-approved financial institutions that are accepting applications and underwriting for Paycheck Protection Program (PPP) loans. UPDATED:  April 6, 2020 11:30AM 5th 3rd Bank Availability: Accepting applications Notes: Accepting registration for pre-existing clients only Bank of America Availability: Accepting applications Notes: Accepting registration for pre-existing clients only Chase Availability: Not ready Notes: [...]

2020-04-06T15:23:16-04:00April 3rd, 2020|In the News|

COVID-19 Resources & Relief for Small Businesses

WEBINAR – COVID-19 Resources & Relief for Small Businesses This webinar recorded March 20, 2020, is a valuable resource in understanding legislation and resources for business owners. Representatives from the University of Pittsburgh Small Business Development Center (@PittSBDC), Huntington Bank (@Huntington_Bank), Maiello Brungo & Maiello (@MBMLawLLP), Wilke & Associates CPAs (@WilkePghCPA), Enscoe Long Insurance Group (@EnscoeLong) and the U.S. Small [...]

2020-03-23T14:24:40-04:00March 21st, 2020|In the News|

Tips for Working Remotely

Working remotely to be as efficient and healthy as possible: In response to the COVID-19 pandemic, the Center for Disease Control (CDC) recommends that employers explore whether they can establish policies and practices, such as flexible worksites (e.g., telecommuting) and flexible work hours (e.g., staggered shifts), to increase the physical distance among employees and between employees and others if state [...]

2020-03-19T10:58:20-04:00March 19th, 2020|News and Blog|

15 COMMONLY MISSED TAX DEDUCTIONS

Here are some tax deductions you may not be taking advantage of: Business interest on vehicles Business interest on credit cards Business bank fees Business use of internet access fees Business use of computers and accessories/software (general tools of your trade) Non-cash charity (i.e. donating clothing, artwork, collectibles, etc.) Business tolls/parking and tips paid while traveling Business gatherings at the [...]

2020-03-18T12:56:31-04:00March 18th, 2020|Agency News|

Forecasts And Projections For Competitive Edge

Forecasts and projections in business are a great way to estimate the future financial position of the company. Forecasts Versus Projections As accountants, clients often ask, “What is the difference between a business forecast and a projection?” In simple terms, forecasts make assumptions based on business history, while a projection adds proposed considerations into the calculation. Perhaps you are considering [...]

2020-03-03T08:59:46-05:00March 3rd, 2020|News and Blog|
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