Archive for the ‘Mieke Driscoll’ Category

Taylor M. Baublitz has joined the Board of The Parliament Arts Organization. The Parliament Arts Organization is a non-profit arts collective in the Royal Square District of Downtown York focused on empowering artists and transforming York through its gallery shows, events, and workshops to support artists. Margaret “Mieke” Driscoll, Chair of the Firm’s Business Practice Group, has been named to the Powder Mill Foundation Board of Trustees. She also serves on the Board of Directors for the York Symphony Orchestra, the York County Community Foundation, and WITF, where she has been honored as an Emeritus. Beth J. Kern was recognized… read more »

Frank H. Countess was elected Chair of the Board of Directors for the York Country Day School. Frank was named one of the 300 Life Members of the York County Agricultural Society, which runs the York State Fair, the oldest state fair in the United States founded in 1765. Frank was also recently appointed to his third successive 4-year term on the York City Redevelopment Authority Board by Mayor Michael J. Helfrich and the York City Council, and was also elected to his second 4-year term on the York County Land Bank Authority Board of Directors by the York County… read more »

The Volunteer Service Credit Act (the “Act”), which is found in 35 Pa. C.S.A. Health and Safety, was amended in 2020 by Act 91 to allow active volunteer firefighters to take an even greater tax credit. As many municipalities are experiencing first hand, volunteer fire and emergency service companies are declining in numbers of volunteers across the Commonwealth. The Act (Act 172 of 2016) was adopted to assist with recruiting and maintaining active volunteers by offering financial incentives. This credit allows for volunteer firefighters to obtain a credit against municipal real estate tax obligations for amounts they have paid that… read more »

Congratulations to Attorney Margaret “Mieke” Driscoll for joining the York Symphony Orchestra Board of Directors! The York Symphony Orchestra was founded in 1933 and incredibly, performed without interruption from the Depression through World War II to today with a commitment to excellence in providing live orchestral music and music education to the people of our region. Currently, their roster is composed of 76 professional instrumentalists, and the 100 volunteer vocalists of the York Symphony Chorus. For each season, the York Symphony Orchestra presents six Classical concerts, three Pop concerts, and two Young Person concerts in order to perform a spectrum… read more »

Join us on May 6, 2021 for an engaging and interactive seminar during which we will explain what B Corp status is, how it relates to the benefit corporation legal structure, and what it takes to be part of this global movement.  Learn why other companies are going the extra mile and formally committing to balancing their impact on people and the planet with profits – and explore whether making that commitment is right for your business.   REGISTER NOW Is your business committed to using profits and growth as a means to a greater end for your employees, community, and the environment?  If so,… read more »

Local Initiatives Support Corporation (LISC) is encouraging small business owners in rural locations across America to apply for their Rural Relief Small Business Grants program. The grant opened on on Monday, September 28 and will close on October 5 just before midnight, so if you are eligible you will need to apply this weekend. Only small businesses with business addresses in rural communities are eligible for this grant. To be considered rural, a community must have a population of less than 50,000 people. All potential applicants should review the LISC’s FAQ and grant information before applying. The program is intended to support small businesses affected… read more »

Beginning today, employees within a certain pay threshold have the option to defer their Social Security witholding tax. The optional deferral period for the employee portion of the Social Security withholding tax (6.2%) is September 1st – December 31st. The deferral option is restricted to employees whose wages are less than $4,000 pre-tax during a bi-weekly pay period.  Guidance was issued late on Friday, August 28th by the Treasury and IRS (follow the link below). IRS and U.S. Treasury Guidance Employee payroll taxes include two separate taxes: Social Security and Medicare. These two taxes together are known as FICA (Federal Insurance Contributions Act) taxes… read more »

The Treasury released a new Interim Final Rule (IFR) regarding owners compensation and limitations on forgiveness eligibility (see link below). PPP – Treatment of Owners and Forgiveness of Certain Nonpayroll Costs Owner Compensation. Owner-employees with less than a 5% ownership interest in a C or S-corp are not subject to the owner-employee compensation rules.   There are no exceptions to this rule, since the Treasury has determined that owners with less than 5% ownership have no “meaningful ability to influence decisions over how loan proceeds are allocated”. Compensation Limitations. The amount of loan forgiveness requested may not include business operations of… read more »

The SBA just released additional guidance on Paycheck Protection Program (PPP) Loan forgiveness in the form of Frequently Asked Questions and answers. The PPP resumed accepting applications July 6, 2020, and will continue until August 8, 2020. The SBA will forgive loans if the funds are used for employee retention and eligible expenses.  FAQs about PPP Loan Forgiveness (8/4/2020) Loans used for payroll costs, rent, interest on mortgages, and utilities will be fully forgiven. (At least 60% of the forgiven loan must have been spent on payroll.) Other important details include: –    PPP loans have a 1% interest rate and payments will be… read more »

The York County Commissioners voted to use a portion of the  Coronavirus Aid, Relief and Economic Security (CARES) Act funding to support YoCo Strong Restart Fund, a small business and nonprofit organization grant program. The County allocated $4 million for nonprofit organizations and $10 million for small businesses. Eligible organizations will receive grant funding between $10,000 to $35,000. Organizations are eligible if they have been negatively impacted by the COVID‐19 pandemic and meet any of the following criteria: Small business with less than 50 full‐time equivalent employees and gross revenues of $3 million or less for the 12‐month period.Restaurant with less… read more »