For the longest time, when a new banking technology or service offering gained steam and customers began seeking it out, banks reacted by building their own proprietary solutions in-house. Big banks could handle this approach because they had scale and deeper resources in their corner; meanwhile, community banks were challenged or slow to provide offerings because of a lack of scale and shallower resources.

Since small businesses are not “one size fits all,” it makes sense that the banking solutions available to them are not either. Therefore, it is important that business owners carefully assess all banking options before choosing a business bank.

The stock markets have recovered of late, gaining back at least some of the losses from 2018 in a way that by now has become a familiar for investors.

Pennsylvania stands to gain “tens of millions” more in taxes once the state's new guidelines for collecting online sales taxes take full effect, while businesses try to figure out how to adapt to new rules in other states, as well.

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...