The Louis Plung Blog
Find out about the latest news and trends …
Louis Plung Merges in Love, Scherle & Bauer
Pittsburgh accounting firm Louis Plung & Company is pleased to announce the addition of Love, Scherle & Bauer, P.C. (LSB). LSB will officially join LPC on January 1, 2022. However, the two firms have already merged workforces. While LSB Partner Joseph S. Scherle is retiring, the remaining eight-person LSB team
New Infrastructure Bill Includes Early End to Employee Retention Credit Program
By Tony Montanaro, CPA/ABV, CFE Late Friday night, Congress passed the $1.2 Trillion “Infrastructure Investment and Jobs Act” which is expected to be signed into law by President Biden next week. The legislation includes $550 billion in infrastructure spending and is being partially funded by reappropriating unused funds from prior
Louis Plung & Company Welcomes New Partner and Chief Marketing Officer
We are pleased to announce that the former Regional Managing Partner/Firmwide Director of Tax and the former Regional Marketing Director of Herbein + Company, Inc. have both joined the team of LPC. Thomas L. Bakaitus, Jr., CPA, MST, who exited Herbein in September, will be leveraging his 35 years of
The IRS Backlog Is Causing Taxpayer Heartburn
Before the COVID-19 pandemic, the IRS was getting refunds out swiftly and responded to calls and correspondence in a reasonable amount of time. However, COVID-19 brought about a perfect storm of delays, initially caused by employees having to stay home because lockdowns prevented processing centers from operating and workers from
Higher Income Individuals Beware
The House Ways and Means Committee has released an extensive list of proposed tax changes that impact individual, retirement, international and corporate tax law. We have been selective and have only included a portion of the proposed changes. A full list of proposed changes is available from the PDF file
4 Ways for Individuals to Protect Themselves Online
As more and more areas of our lives and work move into the online sphere, cybercrime becomes a bigger threat. “It’s important that every Internet user is aware of safe online practices,” said Doug Hogue, VP of Business Development, of Cloud Solutions, a division of the Eric Ryan Corporation. “It
How to Protect Yourself Against Cybercrime
Many internet users consider themselves safe because they assume that cybercriminals only target large corporations or the very wealthy. If you find yourself falling into this misconception, now is the time to reconsider your stance. All Internet users are at risk of cybercrime, so all Internet users should learn how
What Are the Top 5 Cybersecurity Concerns an Individual Should Have?
In recent days, the news has been full of stories about large corporations falling victim to cybercrime. And while this is a real issue, you should be aware that it is not just big organizations that are at risk of attack. “Individuals are also frequently the target of cybercriminals,” said
Louis Plung & Company Named a Top Workplace of 2021
Louis Plung & Company (LPC) is pleased to announce that the firm has been named one of the Greater Pittsburgh Top Workplaces of 2021 by the Pittsburgh Post-Gazette. “This recognition is a big deal because it indicates so much about a business,” said Louis Plung, CPA, managing partner of LPC.
2021-2022 Tax Planning Guide Available
Year-end tax planning is seldom a simple task. With 2020 behind us, we thought 2021 would be slightly less complicated. However, this year has brought even more tax planning considerations to the forefront. With this in mind, we have compiled an online year-end tax planning resource that an be accessed
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