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Your Guide to Keeping Tax Documents Source: US Chamber of Commerce Tax record retention periods vary from three years for certain income tax returns to indefinitely. If the Internal Revenue Service audits your business or you need to adjust a return, it’s vital to have complete, accurate documents. Failure to keep records could increase your…

PA Broadband Development Authority Approves Program Guidelines Source: PA Chamber of Business & Industry The Pennsylvania Broadband Development Authority last week approved program guidelines for projects seeking support through the state’s expected $279 million funding allocation from the U.S. Treasury’s Capital Projects Fund (CPF). Congress provided Treasury billions in funds to be directed toward states for investment…

Manufacturing Planning for What’s Next by McKonly & Asbury on April 10, 2023 There is room for much debate among economists about whether we are in, or on the brink of, another recession. Last month, Reuters reported that US manufacturing may already be in a recession based on the Institute for Supply Management’s monthly report. New orders dropped…

Nonprofits: Improve Your Year-End Reporting by Erin Pabon-Busansky on August 29, 2022 Source : McKonley & Asbury, CPA’s & Business Advisors We are over halfway through 2022! Many people are looking around and asking, “Where did the year go?” As summer comes to a close, many nonprofit organizations are preparing to start their year-end closing process. Even though it…

Spending Reductions Critical to Curbing Inflation While critical of the spending levels in several recent packages passed in Washington, Congressman Dan Meuser believes there are solutions to strengthen the U.S. economy and begin to reduce debt. Meuser (PA-9) discussed the factors contributing to inflation in a breakfast meeting with members of the Columbia Montour Chamber…

Webinar: Pennsylvania Restaurant Lodging Association to Host PA Minimum Wage Act Updates On Wednesday, September 7, 2022 from 11:00am to noon, the Pennsylvania Restaurant and Lodging Association will host experts from the Pennsylvania Department of Labor & Industry for a webinar on the updated Minimum Wage Act regulations that went into effect on August 5.…

Becker Healthcare Podcast Interviews Geisinger Doctors Martin, Suk   The Becker Healthcare Podcast, associated with Becker’s Hospital Review, is recognized as a forum for healthcare industry thought leadership. Recently, this podcast featured not one, but two Geisinger physicians.  Congratulations to Dr. Suk and Dr. Martin for recognition in making local healthcare in Columbia and Montour…

Combating the Cost of Rising Health Insurance Premiums Health plan premiums are a huge commitment and continue to climb for companies of all sizes. Managing the cost of health plans more efficiently is more important than ever. My Benefit Advisor, The Chamber’s partner in finding and managing employee benefits for members, will be hosting two…

PA CHAMBER, US CHAMBER: INFLATION REDUCTION ACT IS A BAD DEAL With businesses facing historic inflation, the PA Chamber, US Chamber and business leaders across the country are sending the message that now is not the time to raise taxes on businesses – especially through changes to the federal tax code that would disproportionately impact…