by Steven R. Bovan | Apr 17, 2020 | Articles
It has been well reported that earlier this week the initial $349 billion dollars dedicated for the Payroll Protection Program created by the CARES Act, had been fully allocated on a first come, first serve basis. We are aware that several of our of clients, who were...
by Steven R. Bovan | Mar 25, 2020 | Articles
The Small Business Administration (SBA) has implemented an Economic Injury Disaster Loan program. The program provides low or no interest loans up to $2MM for working capital needs or normal business operating expenses through the recovery period. The business needs...
by Steven R. Bovan | Mar 2, 2020 | Articles
Effective May 1, 2020, title insurance endorsement costs, as recommended by the Title Insurance Rating Bureau of Pennsylvania, will increase. All fat rate endorsements currently less than $250.00 will double. Flat rate endorsements currently between $250.00 and...
by Steven R. Bovan | Feb 13, 2020 | Articles
On January 1, 2020, the local realty transfer tax assessed on real estate conveyances in the City of Pittsburgh increased to 4.0%; meaning the aggregate realty transfer tax assessed on conveyances in the City is 5%. You will pay an additional $500.00 in realty...
by Steven R. Bovan | Feb 7, 2020 | Articles
In Allegheny County, only two things are certain in life: death and property tax assessment appeals. Every year, County property owners have the opportunity to file an assessment appeal, and as always, an appeal may provide an opportunity for a reduction in your...