blog | Bowman & Company, LLP | Bowman & Company LLP

Bowman & Company LLP

Bowman & Company LLP

Recent Posts

Prepare for a Post-COVID-19 Business Sea Change

Posted by Bowman & Company LLP on Jun 12, 2020 9:45:00 AM
Prepare for a Post-COVID-19 Business Sea Change

The United States-Mexico-Canada Agreement (USMCA) will take effect on July 1, 2020. President Trump has hailed the new North American trade treaty as a "colossal victory" for Americans. Whether the impact is worthy of superlatives will vary by industry sector and geography. Here's what U.S. business owners should know.

Read More

Topics: Government Entities, For-Profit Entities, Construction, #COVID-19News

Working from Home? Make the Most of the Opportunity

Posted by Bowman & Company LLP on Jun 10, 2020 12:27:54 PM
Working from Home? Make the Most of the Opportunity

Have you been working from home to comply with the social distancing measures related to the novel coronavirus (COVID-19) pandemic? Or perhaps your employer has closed the office and is requiring you to work from home.

Read More

Topics: Government Entities, Not-for-Profits, For-Profit Entities, Funeral Homes, Professional Services, Healthcare, Federal Services

Bowman Nominated as a Healthiest Employers Finalist by the Philadelphia Business Journal

Posted by Bowman & Company LLP on Jun 8, 2020 2:42:02 PM
Bowman Nominated as a Healthiest Employers Finalist by the Philadelphia Business Journal

On an annual basis, the Philadelphia Business Journal partners with the Healthiest Employers to recognize firms in the Greater Philadelphia area that are going above and beyond to create healthy work environments. Bowman & Company LLP is proud to announce that we have been recognized as a finalist. 

Read More

How to Plan for a PPP Audit

Posted by Bowman & Company LLP on Jun 8, 2020 10:15:00 AM
How to Plan for a PPP Audit

The Small Business Administrator Jovita Carranza and U.S. Treasury Secretary Steven Mnuchin recently announced that recipients of Paycheck Protection Program (PPP) loans of $2 million or more should expect an audit if they apply for loan forgiveness. Here are some tips to position your small business or not-for-profit organization to receive the maximum allowable forgiveness, as well as to prepare for the subsequent government audit.

Read More

Topics: Government Entities, Not-for-Profits, For-Profit Entities, Funeral Homes, Construction, Professional Services, Healthcare, #COVID-19News

The Dedicated Workforce Behind it All

Posted by Bowman & Company LLP on May 8, 2020 12:29:45 PM
The Dedicated Workforce Behind it All

No one could have predicted how greatly our lives would change in 2020. Living rooms have turned into classrooms, cubicles have been replaced by dining tables, and family pets have evolved into our closest coworkers. This pandemic has transformed almost every aspect of normality for most Americans. However, at Bowman one thing has remained the same: the grit and endurance of our workforce.

Read More

Thanking Our Local Heroes

Posted by Bowman & Company LLP on Apr 27, 2020 9:16:01 AM
Thanking Our Local Heroes

Bowman & Company LLP would like to thank the health professionals, factory operators, grocery store workers, police officers, and all the other essential workers that are keeping our communities running during these extraordinary circumstances.

Read More

Topics: Not-for-Profits, #BowmanGivesBack, #COVID-19News

Understanding the Paycheck Protection Program

Posted by Bowman & Company LLP on Apr 16, 2020 10:18:39 AM
Understanding the Paycheck Protection Program

The COVID-19 pandemic has introduced a wide variety of constraints and complications for businesses across the nation and the globe. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed to help entities recuperate losses and weather through uncertain markets.

Read More

Topics: Speaking Engagements, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, #COVID-19News

Breaking Down the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act")

Posted by Bowman & Company LLP on Mar 30, 2020 3:18:30 PM
Breaking Down the Coronavirus Aid, Relief, and Economic Security Act (

The coronavirus (COVID-19) pandemic has already had widespread effects on the U.S. economy. Demand for many goods and services has stalled, unemployment claims have reached record highs, and many academic institutions and businesses are operating online — if at all. Life has changed dramatically across the country.

Read More

Topics: Government Entities, Not-for-Profits, For-Profit Entities, #BowmanGivesBack, Funeral Homes, Construction, Professional Services, Healthcare, Federal Services, #COVID-19News

Designating a Trust as an IRA Beneficiary

Posted by Bowman & Company LLP on Mar 19, 2020 11:00:00 AM
Designating a Trust as an IRA Beneficiary

Since an individual retirement account (IRA) can often represent a large percentage of an individual’s assets, an essential question that many clients face is who to name as the beneficiary of their IRA accounts. There are a number of reasons why a client may wish to consider naming a trust as the beneficiary, rather than an out­right distribution to an individual. This ensures that the assets in the account remain available and the account’s investment earnings continue to accumulate tax free while they are in the account. Nonetheless, careful attention must be taken to ensure that these assets receive the appropriate tax treatment and are protected from creditors, including future ex-spouses.

Read More

Topics: Government Entities, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, Federal Services

Should You Pay Down Your Home Mortgage Early?

Posted by Bowman & Company LLP on Mar 12, 2020 11:00:00 AM
Should You Pay Down Your Home Mortgage Early?

If you routinely have extra cash on hand after paying off your monthly bills, you might want to consider paying down your home mortgage balance faster than is required under your loan agreement. This can be a powerful way to invest surplus cash. But it's not right for everyone.

Read More

Topics: Government Entities, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, Federal Services