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PA Loan Program for Small Businesses: CWCA

PBGW continues to research the latest forms of assistance available to small businesses. The COVID-19 Working Capital Access (CWCA) Program is administered by the Pennsylvania Industrial Development Authority (PIDA) and provides critical working capital financing to small businesses located within the Commonwealth that are adversely impacted by the COVID-19 outbreak. All CWCA loan applications [...]

By |2020-03-26T09:07:02-04:00March 26th, 2020|Uncategorized|0 Comments

Local EIT Filing Deadline Extended to July 15

Keystone Collections Group and Berkheimer are Pennsylvania tax administrators collecting local Earned Income Tax (EIT) for our region. According to a statement on the Keystone Collections Group website, Keystone is extending the local EIT filing deadline to match the State and Federal date of July 15, 2020. Keystone will not apply penalty and interest on [...]

By |2020-03-25T08:19:20-04:00March 25th, 2020|Blog, Taxes|0 Comments

PBGW Updates on Social Media

A Message from PBGW’s President…  In response to the coronavirus economic impacts, updates are happening so fast regarding such things as what are life sustaining business, applications for exemptions, government loan programs, and tax extensions and credits.  PBGW strives to provide our clients and friends with the most up-to-date information as soon as possible.  [...]

By |2020-03-23T10:30:04-04:00March 23rd, 2020|Blog, News|0 Comments

Tax Filing Deadline Moved to July 15 and PA Business Waiver Information

The PA Department of Revenue announced the deadline for taxpayers to file their 2019 Pennsylvania personal income tax returns is extended to July 15, 2020. This PA extension applies to both final 2019 tax returns and payments, and estimated payments for the first and second quarters of 2020. On Friday, the Trump administration also announced [...]

By |2020-03-23T10:28:09-04:00March 23rd, 2020|Blog, Governments, Taxes|0 Comments

SBA Disaster Assistance in Response to COVID-19

At PBGW we strive to serve our clients and our communities in a manner that is sometimes effectively outside the box.  This is one of those times.  At PBGW we have been monitoring and studying cash flow options available for small businesses.  Yesterday, Governor Wolf made application for a Small Business Administration Financial Injury [...]

By |2020-03-26T09:07:55-04:00March 20th, 2020|Blog, Financial, Governments|0 Comments

Office Closure Notice

Yesterday Gov. Wolf announced that all non-life-sustaining businesses in Pennsylvania must close immediately. The order is effective as of 8 pm on Thursday, March 19, 2020, until further notice. The governor's order indicates that enforcement actions against non-compliant businesses will begin at 12:01 am on Saturday, March 21, 2020. To find the governor's list [...]

By |2020-03-20T11:36:45-04:00March 20th, 2020|Blog, Governments|0 Comments

IRS To Delay Tax Payment Deadline By 90 Days

On Tuesday, March 17, 2020, Treasury Secretary Steven Mnuchin announced that individuals and corporations can delay their federal tax payments for 90 days due to the COVID-19 pandemic. However, this announcement did not delay the April 15 filing deadline. Individuals can defer up to $1 million in payments for 90 days from the April [...]

By |2020-03-20T08:02:49-04:00March 20th, 2020|Blog, Financial, Governments|0 Comments