Perkasie-based Penn Community Bank said it will be opening a new downtown Doylestown branch this summer.

QNB Bank of Quakertown has promoted Cheryl Morris to senior vice president, chief credit officer.

From managing budgets to tax preparation, keeping finances in check is imperative to the well-being of any company. And accountants are frequently called on to help.

The passage of the Tax Cuts and Jobs Act in December 2017 ushered in significant changes to the U.S. tax code. From new tax deductions to accounting method changes to succession-planning opportunities, below are some strategies for business owners to consider with a new year underway. As with most tax provisions, there are no cookie-cutter applications for these concepts – it all depends on your business circumstances and objectives, so be sure to discuss the specific details with your...

Business owners in the Lehigh Valley such as sole proprietors, physician practice partnerships, law practice partnerships and entrepreneurs can reduce their personal and business tax burdens while substantially increasing retirement savings by offering a cash-balance plan to both owners/partners and employees. What distinguishes cash-balance plans from other retirement-savings vehicles is that they have significantly higher contribution limits than more traditional retirement plans – and...

Two Pennsylvania insurance companies that have had ventures into retail storefronts say that their initiatives continue to show benefits to consumers but expansion plans are on hold at least through 2019.

American Bank Inc., parent company of American Bank in South Whitehall Township, is reporting record net income for 2018.