Normally, individuals are taxed on the withdrawal at their ordinary income tax rate during the year the…
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Learn more about the latest happenings at Nochumson P.C. and how we are serving our community.
The Biggest Mistake A Commercial Landlord Makes When Modifying or Assigning a Lease Agreement
Of particular importance is that, under Pennsylvania law, an amendment or assignment of a commercial lease through…
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New Rules for Residential Real Estate Contracts in PA Executed Before March 18th
The aforementioned in-person activities are required to be arranged by appointment and limited to no more than…
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What Government-Imposed Deadlines Have Been Changed Due to the COVID-19 Pandemic?
The deadline to file personal income tax returns with both the Internal Revenue Service and the Pennsylvania…
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Unemployment Benefits During the COVID-19 Pandemic
If you reside in Pennsylvania, the Pennsylvania Department of Labor and Industry has extended eligibility for unemployment…
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Other Sources of Funding for Philly Businesses Impacted by COVID-19
The Local Initiatives Support Corporation (LISC) is accepting applications for its Verizon Small Business Recovery Fund. The…
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PA Allows for Remote Online Notarization to Close Some Real Estate Transactions
personal real estate transactions where the agreement of sale was executed by the parties prior to the…
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What Small Businesses Need to Know About Applying for and Obtaining Loans Under the CARES Act
Paycheck Protection Program PPP, which amends Section 7(a) of the Small Business Act, sets aside $350 billion…
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How the Federal Government’s $2.2 Trillion Stimulus Package Assists Individuals During the Covid-19 Pandemic
Direct Payments to Taxpayers Single individuals with an adjusted gross income of $75,000 or less will get…
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Businesses Can Apply For a Waiver to Reopen Their Physical Operations in Pennsylvania
The primary questions the business must answer in the application are: How does the business meet the…
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