The Louis Plung Blog

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401, 2021

Louis Plung & Company Welcomes Joseph Repko

Categories: Blog|

The Pittsburgh accounting and consulting firm Louis Plung & Company (LPC) is pleased to announce the addition of Joseph Repko, CPA to their professional team.

Repko joins the firm as an audit manager. In this capacity, he is responsible for overseeing audits, reviews, and compilations from beginning to end and reviewing

2312, 2020

Important Changes to PPP Loans and COVID-Relief Grants

Categories: Covid-19|

On December 21, 2020, Congress passed the “Consolidated Appropriations Act, 2021” (the “Act”) and it was signed by President Trump on Sunday, December 27th. This Act contains many important tax changes and updates for the Paycheck Protection Program (“PPP”) loans (see our article here for more details on

2212, 2020

President Signs Coronavirus Relief Bill

Categories: Covid-19|

On December 22, 2020, Congress passed the Consolidated Appropriations Act, 2021 (CAA2021), which includes $892 billion in coronavirus stimulus spending. The act was signed into law by President Trump on Sunday, December 27, 2020. This long-awaited and highly contested piece of legislation ties coronavirus relief funding into a

212, 2020

Ready for the 1099-NEC?

Categories: Blog|

The Internal Revenue Service has resurrected a form that has not been used since the early 1980s, Form 1099-NEC (the NEC stands for non-employee compensation). This form will be used to report non-employee compensation in place of the 1099-MISC, which has been used since 1983 to report payments to contract

212, 2020

12 Financial Metrics Small Business Owners Should Track

Categories: Blog|

Operating a small business is an exhilarating and, at times, overwhelming endeavor. There are so many details to keep track of that it’s easy to forget about the nuts and bolts of your organization’s finances – especially if you didn’t start out as a “numbers person.” Whether you’re the one

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