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RKL Offers Framework to Triage Your Business amid COVID-19 Needs
The onset of the coronavirus (COVID-19) outbreak has had an immediate and potentially long-lasting impact on virtually all business entities, their workforce, customers and vendors worldwide. Standard business operations and commerce have been dramatically impacted through efforts to contain the spread of this illness. While the timeframe associated with the ongoing “business disruption” is unknown…
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Main Line Health: Do You Have a Disaster Preparedness Plan for Elderly Family Members?
By Main Line Health In a medical or weather emergency, your first thought is usually how you can protect yourself and the people you’re closest to. For many people, that includes a family member who is over 65 and — in some cases — these loved ones may not have the ability or means to…
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RKL Advisors Examine Coronavirus Stimulus Bill in New Webinar Recording Available Now
In the latest installment of its weekly webinar series, Coronavirus and Its Impact on People, Process and Profits, professional services firm RKL LLP examined the coronavirus stimulus package. At the time of the webinar recording on Friday, March 27 at 11 AM EST, the Senate had approved the Coronavirus Aid, Relief and Economic Security (CARES)…
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RKL Reports the Latest PA Extensions for Tax and Reporting Deadlines, Procedures
Pennsylvania followed the federal government’s lead, announcing on March 21 that the due date for filing PA individual income tax returns and making corresponding payments has been extended until July 15. That’s not the only deadline extended in light of the coronavirus crisis. Below, professional services firm RKL LLP rounds up notable state tax and…
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Kim Brumbaugh to Discuss Market Status, How to Respond on Conference Call Thursday
Kim Brumbaugh, the CEO of Brumbaugh Wealth Management, will host a conference call on Thursday, April 2 at 8:30 AM to discuss the status of the market amidst the COVID-19 pandemic. Brumbaugh, who has been in the industry for more than 20 years, will share her insight into the recent market declines and clarify what…
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What Loans, Financing Are Available to Businesses Impacted by COVID-19? RKL Outlines Emergency Options
The coronavirus crisis has left many businesses asking fundamental questions, such as “How do I meet my payroll?” and “How will I pay my vendors?” These questions were unthinkable just a few weeks ago, and are (hopefully) short-term obstacles. To help businesses survive these challenging times, a number of new emergency options have emerged and…
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Main Line Health Offers Advice on Managing Mental Health During the COVID-19 Outbreak
By Main Line Health As the coronavirus pandemic continues to change the way of life for people around the world, many of us are left feeling stressed, anxious, scared, and unsure of what to expect. These reactions are normal, but they can also take a physical and mental toll. “Crisis affects us all in different…
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RKL Alerts Lenders, Borrowers to Eased Accounting Rules for Loan Modifications in Response to COVID-19
Financial institutions now have greater ability to accommodate and provide support to borrowers affected by COVID-19, thanks to an Interagency Statement released Sunday evening, March 22, 2020. This guidance gives financial institutions a clearer view of how to help borrowers, as many consider short-term loan modification programs to support members and customers in this time…
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RKL Launches Coronavirus Resource Center, Webinar Series to Help Employers Navigate Pandemic Impact
As more coronavirus mitigation strategies continue to take effect, businesses and organizations are left wondering what it all means for their operations, their workforces, and their bottom lines. To help local organizations navigate these fast-changing and complex issues, professional services firm RKL LLP launched a weekly webinar series, “Coronavirus and Its Impact on People, Process…
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Amidst Shortage of Personal Protective Equipment Across Nation, Main Line Health Seeks Donations
Main Line Health has received a tremendous outpouring of support from the community wanting to help the MLH team on the front lines during the COVID-19 pandemic. As there is a shortage of personal protective equipment across the country, Main Line Health would greatly appreciate any donations of the following: Gowns Masks N95 masks Goggles…
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COVID-19 and Your Existing and New Agreements
By Nathan D. Fox In our brave new world of COVID-19-driven shutdowns and (hopefully) short-term economic changes and challenges, now would be a key time to look at your agreements for deals already under way and new deals going forward. Most everyone including developers, tenants, and landlords did not anticipate state governors shutting down portions…
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Consider a Community Bank for Your Mortgage Loan
By Malvern Bank, National Association On March 3, the Board of Governors of the Federal Reserve System cut interest rates by half a percentage point. In addition, on March 15, they cut interest rates by one percentage points. Both of these cuts were pre-emptive moves to protect the economy from the coronavirus. One of the…
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Surrey Continues to Care for Older Adults with Meals, Check-Ins, Virtual Programming
Surrey Services for Seniors, the Devon-based nonprofit, is continuing its care for older adults. Although its locations are closed, Surrey is finding new and different ways to help seniors with meals, wellness check-ins, and virtual programming to ease anxiety and social isolation. Grab and Go lunches – available at Devon, Havertown, and Media – ensure…
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Essential’s Utilities Prepared for COVID-19
Essential Utilities Inc. has announced that its Aqua water utilities and Peoples natural gas utilities continue to monitor the coronavirus outbreak throughout its combined 10-state footprint, working closely with the Centers for Disease Control and Prevention and local health authorities to continuously address the situation and evaluate operational response plans. “As water, wastewater, and natural…
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Main Line Health Reveals the Best Way to Disinfect Your House After Being Sick
By Main Line Health When you or someone you live with is getting over an illness, you’re eager to stop it from spreading. A thorough cleaning of your living area can help eliminate germs and prevent the likelihood that someone else that you live with gets sick, too. Before you begin your cleaning spree, follow…
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Essential Completes Transformational $4.275 Billion Acquisition of Peoples
Essential Utilities Inc. has successfully completed the acquisition of Peoples, a Pittsburgh-based natural gas distribution company, in an all-cash transaction that reflects an enterprise value of $4.275 billion, including the assumption of approximately $1.1 billion of debt. As previously disclosed, the transaction was financed through an appropriate mix of equity and debt, which supports a…
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Penn State Great Valley Closes Campus; Grad Classes to Be Offered Remotely
In a series of announcements, Gov. Tom Wolf has taken action to close all non-essential public spaces, including schools, in Montgomery, Delaware, Bucks, and Chester counties in response to the global coronavirus pandemic. As a result, the Penn State Great Valley campus is closed, effective immediately, through April 3. The campus joins Penn State Abington…
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Aqua Pennsylvania Encourages Homeowners to Check for Leaks During Annual Fix-a-Leak Week
Aqua Pennsylvania is sharing important tips for customers to save water and money by identifying leaks inside their homes in observance of the U.S. Environmental Protection Agency’s annual Fix-a-Leak Week, which takes place this year from March 16 to 22 and aims to educate and remind homeowners of the environmental effects and financial impacts of…
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