Posts Tagged ‘small business’
What’s in the New Stimulus Bill?
Here’s what is in the new stimulus bill On Monday, December 21, 2020, the Senate approved a massive emergency economic relief package, government funding, and tax cuts designed to counter the effects of the pandemic and stimulate economic growth. The legislation, introduced as a 5,593-page bill, was passed with a 92 to 6 vote following…
Read MoreAn Open Letter on Mitigation Mandates and Supporting Small Business
An open letter to our Chamber members and community: Last week, new mitigation mandates that prohibited indoor dining, limited indoor/outdoor gatherings and introduced capacity limits for businesses were imposed by Governor Wolf and Secretary Levine. These measures are to remain in effect until January 4, 2021. We understand the health of our fellow citizens is…
Read MoreRibbon Cutting: YP Jewelers
Congratulations to Carlos Perez and the team at YP Jewelers! They celebrated their Grand Opening today with friends, family and members of the business community in attendance for their Ribbon Cutting Ceremony. YP Jewelers is located at 133 South Main Street in Downtown Chambersburg. The owner, Carlos Perez, is a successful business owner of Central…
Read MoreSmall Business Recovery Grants
The Franklin County Area Development Corporation (FCADC), in collaboration with the Franklin County Board of Commissioners, have created the Small Business Recovery Grant program to provide funding to eligible Franklin County small businesses negatively impacted by the COVID-19 crisis. Approximately $3 Million of the County’s $14 million federal CARES allocation is available for the program. …
Read MoreTax Credit: Keeping Employees on Payroll
Written by Tina Pittman, CPA and owner of Your Accountant. To help businesses retain employees and keep them employed during the COVID-19 crisis, Congress has provided a refundable employer retention credit available to all qualifying employers regardless of size, including tax-exempt organizations. To qualify for the credit, employers must fall into one of two categories:…
Read More