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Sen. Toomey: make immediate business expense write-offs permanent
U.S. Senator Pat Toomey proposed legislation that would make permanent the full and immediate write off of business expenses that promote growth. Currently, the expensing provision of the 2017 Tax Cuts and Jobs Act, will expire in 2022.
Investors buy Crayola’s sales and marketing operations building for $5.2M
Two holding companies from New York bought the facility for Crayola’s sales and marketing operations in Easton for $5.2 million, plus a property in Lancaster.
Pennsylvania reported highest sportsbook revenue in January
According to the state Gaming Control Board, bets made online or in casinos produced $31.6 million in gross revenue in January. That was up from $17.5 million in December.
State spending with small and diverse businesses rises
For the first time in Pennsylvania’s history, 11% of state spending on goods, services and construction went to small diverse businesses, according to a report by the Bureau of Diversity, Inclusion and Small Businesses Opportunities within the state Department of General Services.
York partners with micro-lending platform Kiva
Kiva provides zero-interest loans from $1,000 to $10,000 with a focus on business community populations that have been historically underserved or struggle to access capital investment. Through Kiva’s lending platform, local borrowers would be able to access funds loaned from other York community members and gain exposure to 1.7 million potential customers and investors across the globe.
Simon Lever says focusing on young talent is paying off
Keenly aware of its partners nearing retirement, Lititz-based business advisory and CPA firm, Simon Lever, spent the last decade forming a pipeline for young talent.
Lancaster a ‘target market’ for community-based financial services
Twice as many community bank and credit union branches opened in Lancaster County during the second half of the post-recession decade as in the first half, according to data aggregated by the Pennsylvania Association of Community Banks (PACB).
Paying it forward in Carlisle
Carlisle businesswomen put their networking and business skills to work to help families pay down $24,000 worth of school lunch debt.
Codorus Valley Bancorp board gains two CEOs
Codorus Valley Bancorp, the York-based parent company of PeoplesBank, has gained two new board of directors members: Sarah M. Brown and J. Rodney Messick, both CEOs of their own southcentral Pennsylvania companies.
I-81 is driving economic growth in Pennsylvania
The route along Interstate 81 from the Maryland line in Franklin County north through Cumberland and Dauphin counties continues to attract economic activity that makes those counties some of the fastest growing in Pennsylvania.
Members 1st opens northern Lancaster County branch, seeks Reading expansion
Members 1st Federal Credit Union opened a new Lancaster County branch office in East Cocalico Township this week.
Wiessmann takes over Pa. Housing Finance Agency
Robin Wiessmann, who recently served as secretary of the Pennsylvania Department of Banking and Securities, is the new executive director and CEO of the Pennsylvania Housing Finance Agency.
