• RKL Claims Spot on List of America’s Most Recommended Tax Firms

    RKL Claims Spot on List of America’s Most Recommended Tax Firms

    CPA and advisory firm RKL has been recognized for a second year among “America’s Most Recommended Tax Firms” from USA TODAY. The national newspaper, in partnership with Statista, rates the top 100 tax firms in the United States based on recommendations from peers and clients. “Our dedicated team of tax advisors is committed to helping…

  • RKL Earns Distinction as Pennsylvania’s Leading Accounting Firm

    RKL Earns Distinction as Pennsylvania’s Leading Accounting Firm

    CPA and advisory firm RKL LLP ranked first in Pennsylvania and 58th nationwide in the latest roundup of the 100 largest firms from industry publication Accounting Today in March 2025. RKL’s 2025 national ranking is based on the previous year’s revenue of $139.63 million, up 10.8 percent from last year’s total. The firm climbed from the…

  • Understanding Cybersecurity Risks for Nonprofits

    Understanding Cybersecurity Risks for Nonprofits

    In our interconnected world where technology is essential in any industry, cyber threats are an escalating concern for all organizations, and nonprofit organizations are not exempt from these risks. As a nonprofit leader, it’s likely you understand the delicate balance between protecting your critical information and systems and dealing with the constraints of time, staffing…

  • Maintaining Regulatory Compliance Amid Changes: A Must for Financial Institutions

    Maintaining Regulatory Compliance Amid Changes: A Must for Financial Institutions

    In the ever-changing landscape of financial regulations, uncertainty is inevitable for financial institutions. This is especially true given the significant alterations to regulatory bodies, such as the recent shifts within the Consumer Financial Protection Bureau (CFPB) under the current administration. Despite these uncertainties, the importance and necessity of regulatory compliance remain undiminished. Despite the changes…

  • Understanding Pennsylvania’s New Annual Reporting: Its Impact on Your Business and Preparations Needed

    Understanding Pennsylvania’s New Annual Reporting: Its Impact on Your Business and Preparations Needed

    Effective Jan. 1, 2025, there’s a significant change in Pennsylvania’s reporting requirements for certain domestic and foreign business entities. The longstanding decennial report will be replaced by a new Annual Report. The entities that will need to comply with this new requirement include: The Annual Report is more than a formality. It necessitates the inclusion…

  • RKL Recognized with Top Industry Client Satisfaction Honor

    RKL Recognized with Top Industry Client Satisfaction Honor

    For the third consecutive year, RKL, a nationally leading CPA and advisory firm with an office in Exton, has earned the Best of Accounting Award for client satisfaction. The 2025 honor from B2B directory ClearlyRated is based on input and ratings received in the firm’s latest client survey. “For our team, there’s a lot of…

  • Beneficial Ownership Reporting Is Back: What Does It Mean for Your Business?

    Beneficial Ownership Reporting Is Back: What Does It Mean for Your Business?

    It’s time to sharpen those pencils — Beneficial Ownership Information (BOI) Reporting is once again enforceable. Following a lifted injunction, FinCEN (Financial Crimes Enforcement Network) has set a new deadline of March 21, 2025 for most entities required to file. On Feb. 17, a Texas District Judge lifted their own injunction that was issued on January 23, coinciding…

  • Kennett, New Garden Townships Mushroom Farms Under Quarantine Order Due to Phorid Flies 

    Kennett, New Garden Townships Mushroom Farms Under Quarantine Order Due to Phorid Flies 

    Pennsylvania Department of Agriculture recently issued a quarantine order for mushroom farms in Kennett and New Garden Townships due to phorid flies, writes Jeff Mulhollem for the Penn State News.  The pest has been threatening southeastern Pennsylvania’s mushroom industry, which produces 60 percent of the nation’s mushrooms, by destroying nearly 40 percent of crops and…

  • What Does Your Financial Institution Need to Know About Your Company’s Ownership in 2025?

    What Does Your Financial Institution Need to Know About Your Company’s Ownership in 2025?

    Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency, Financial Crime Enforcement Network (FINCEN), is being bounced around in the court system. While there is a lot of uncertainty with the new administration, it’s essential to establish what has not changed and most likely will not change related…

  • Riding Impressive Wave of Growth, MyOfficeOps Expands Services and Launches New Website

    Riding Impressive Wave of Growth, MyOfficeOps Expands Services and Launches New Website

    MyOfficeOps, a leading outsourced accounting and back-office solutions provider, is riding an impressive wave of growth and expanding its service offerings, increasing headcount, and launching a revamped website to better serve its growing client base. The West Chester-based company saw a 35 percent growth in revenue in 2024, fueled by a rising demand for its…

  • Federal Disaster Tax Relief: New Opportunities for Taxpayers

    Federal Disaster Tax Relief: New Opportunities for Taxpayers

    On Dec. 12, 2024, then-President Joe Biden signed the Federal Disaster Tax Relief Act of 2023 into law, introducing significant tax relief measures for individuals and families impacted by disasters. This long-anticipated legislation provides a variety of benefits, including expanded deductions and exclusions from gross income for qualified disaster-related expenses. Below, we outline the key…

  • Navigating Change in 2025: Key Tax Reforms Expected

    Navigating Change in 2025: Key Tax Reforms Expected

    The stage is set for 2025 to be a year we should expect to see a significant legislative tax package. Not only is the Republican party poised to take the helm of both Congress and the Presidency, but many key tax provisions in 2017’s Tax Cuts and Jobs Act are set to expire at the end…

  • Continued Uncertainty with Beneficial Ownership Reporting

    Continued Uncertainty with Beneficial Ownership Reporting

    The courts continue to battle over the constitutionality of the Beneficial Ownership Information (BOI) Reporting included in the Corporate Transparency Act that was poised to go into effect on Jan. 1, 2025. This regulation requires approximately 32.6 million businesses to file with the Financial Crimes Enforcement Network arm of the U.S. Treasury to disclose substantial…

  • Barsz Gowie Amon & Fultz Celebrates the Season with Community Giving and Team Spirit

    Barsz Gowie Amon & Fultz Celebrates the Season with Community Giving and Team Spirit

    This holiday season, Barsz Gowie Amon & Fultz LLC embodied the spirit of giving by supporting their community and celebrating their team. The firm adopted a family from Drexel Neumann Academy and two families from Home of the Sparrow, providing gifts and essentials to make their holidays brighter. Drexel Neumann Academy is a Catholic elementary…

  • West Chester Woman Selected to Decorate the White House This Holiday Season

    West Chester Woman Selected to Decorate the White House This Holiday Season

    A West Chester mother and business owner was given the chance of a lifetime when she was asked to decorate the White House for Christmas, writes Ben Silver for Main Line Today.  Nicole Radio owns Maggie’s Market Shop, a small business that sells handmade jewelry, hosts charity events, and helps create employment opportunities for those…

  • Federal Court Blocks Enforcement of BOI Reporting Under the Corporate Transparency Act

    Federal Court Blocks Enforcement of BOI Reporting Under the Corporate Transparency Act

    A Texas Federal Court granted a nationwide preliminary injunction against the Corporate Transparency Act (CTA) scheduled to become effective on Jan. 1, 2025. The court cited potential constitutional issues with the CTA’s Beneficial Ownership Reporting requirements and acknowledged there was sufficient injury to warrant this preliminary injunction. In the absence of this injunction or an applicable exemption,…

  • RKL Named One of the Best Places to Work in PA for Eighth Consecutive Year

    RKL Named One of the Best Places to Work in PA for Eighth Consecutive Year

    RKL has been named one of the Best Places to Work in Pennsylvania for an eighth consecutive year. This prestigious distinction highlights the firm’s commitment to excellence in workplace culture for its team of more than 650 talented professionals. At RKL, a diverse array of experts — including auditors, financial advisors, consultants, cybersecurity leaders, digital…

  • Barsz Gowie Amon & Fultz LLC Announces Merger with William E. Howe & Co.

    Barsz Gowie Amon & Fultz LLC Announces Merger with William E. Howe & Co.

    Barsz Gowie Amon & Fultz LLC (BGA&F), a full-service accounting and advisory firm, has announced its merger with William E. Howe & Co., effective December 2, 2024. This merger brings together two highly respected firms based in Delaware County. William E. Howe & Co. has served the Delaware County community for over 100 years, building…