Brought to you by Fenner & Esler Why? Taking these precautions will not only lower your cyber risk, but also lower insurance costs and improve the coverage and capacity offered to you. 1. Dual Authorization Always have multiple people signing off on checks, ACH transactions, and wires. Call…
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Architects Power their Way into the Top 30
On June 25th the Central Penn Business Journal Released their Power 30 for Construction and Real Estate, a list featuring several leaders and influencers in the architecture, engineering, and construction industries. Several AIA Pennsylvania architect members and allied members graced this list – a credit to their hard work and perseverance during a difficult year….
Congratulations to Pennsylvania’s Newest Architects | September 2020
Join us in congratulating Pennsylvania’s newest architects! The following AIA Pennsylvania members have undergone an extensive process of education, experience, and examination to earn the title architect in 2020. Architectural licensing is exclusively granted when candidates demonstrate professional education, complete a rigorous program of practical experience under the supervision of a licensed architect and pass…
Modernize Your Firm & Empower Your AEC Project Teams with Summit Technology Group
AIA Pennsylvania Announces Partnership with Summit Technology Group (STG) to Empower Architects to Modernize Their Back-Office-Systems & Embrace Cloud Technology AIA Pennsylvania’s preferred technology partner, Summit Technology Group (STG) will design solutions for architects and AEC firms across the state with the most modern technology strategies for increased productivity and collaboration. AIA Pennsylvania announced today…
The Impact of Federal Tax Reform in A/E Firms in PA
November 2018 | by Christine Ryer, CPA The Federal Tax Cuts and Jobs Act (TCJA), enacted in December 2017, created new complexities for many taxpayers. At the federal level, the TCJA will mostly result in a reduction of income tax; however, at the state level, federal tax reform will generally result in increased tax and…
FIRM CULTURE: Have We Created a Bunch of Spoiled Brats?
by Kristi Weierbach, Ph.D., SPHR, SHRM-SCP, FPC of Stambaugh Ness There are many contributors to losing good talent, one that doesn’t receive much attention is the spoiled brat syndrome. Does someone immediately come to mind when you hear the term “spoiled brat,” a co-worker, a customer, or maybe it’s you at times? It seems that…
New Revenue Recognition Standard is Fast Approaching
By Steve Snyder, CPA, CCIFP Principal, Stambaugh Ness It’s taken a long time and a lot of refinement, but the new standard to recognize revenue is lurking around the corner and becomes effective for private companies with reporting periods beginning after December 15, 2018. So, the question is…are you ready? What is this New Standard?…
Unraveling Six Myths of Cybersecurity
by Phil Keeney – Director of Technology Solutions, Stambaugh Ness When it comes to cybersecurity, we are all at risk. However, understanding cybercrime and taking a proactive approach to data security can significantly decrease the chances of a breach. Let’s look at some of the most common myths associated with cybersecurity. Basic Anti-Virus Protection is…
Not sure if you are in compliance with “fringe benefits”? Ask a Business Advisor
QUESTION: How do I determine the amount that should be reported as taxable wages on an employee’s W-2 for personal use of a company car (PUCC)? ANSWER: When an employee uses a company provided vehicle for personal use it is considered a fringe benefit and must be treated as taxable wages, for example an employee…
Does your firm owe taxes in a state that it has not operated in? Ask a Business Advisor
QUESTION: Could I owe tax in a state that my company has not physically been in? ANSWER: As with most things related to state and local taxation (SALT), it depends! In many cases, yes, you can owe taxes to these states. This leads to a very important topic in the SALT world – Nexus. Nexus…