Judge Leaves Bench to Join McCormick Law Firm

McCormick Law Firm recently announced the addition of former Lycoming County Judge, Marc F. Lovecchio, to its complement of attorneys. Lovecchio joined the Williamsport-based firm in November 2021 after serving 12 years on the bench. Lovecchio will focus his practice in the areas of medical malpractice, civil litigation, municipal law, and commercial law. He also …

IRS announces record increases in contribution limits for 401(k) and IRA for 2023

The IRS announced last week that it has increased the contribution limits for 401(k) and IRA accounts for 2023. Beginning next year, you will be able to contribute up to $22,500 to your 401(k) for 2023. IRA contribution amounts were also increased to $6,500 for 2023. These numbers are adjusted for inflation and represent an …