Professional Services
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Navigating Cybersecurity: Understanding U.S. Data Protection Legislation and International Implications
In the digital age, effective cybersecurity is synonymous with business resilience. As cyber threats escalate, companies must stay ahead of the curve with up-to-date knowledge of data protection regulations. This post will provide an in-depth analysis of the latest U.S. government and FBI cyber threat warnings, an overview of the American legislative framework, a comparison…
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Unveiling the Blueprint for Business Franchise Growth
In today’s dynamic landscape of economic opportunity, franchising stands out as a unique pathway to success for aspiring business owners. With a strong strategic plan and experienced advisors, business franchise growth is within reach. The perceived safety of established brand recognition and proven business models that franchising offers can be seen as an attractive and…
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Considering an HRIS and Payroll Platform Upgrade for 2025? Here Are 5 Steps to Finding the Right Solution
In the digital age, businesses continually seek software solutions that streamline their human resources and payroll processes. The right HRIS and payroll software can drastically improve efficiency, data security, and compliance, but with a myriad of options available, it’s crucial to choose a system that aligns with your company’s specific needs. At RKL Virtual, we…
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Widespread Tax Law Changes on Horizon as Tax Cuts and Jobs Act Sunsets in 2025
The turbulence surrounding key elections in 2024 isn’t limited to the campaign trail. With the expiration of 2017’s Tax Cuts and Jobs Act (TCJA) set for Dec. 31, 2025, taxpayers of all types and sizes — from individuals to corporations — are likely to feel the reverberations of significant and widespread tax law change. In…
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Barsz Gowie Amon & Fultz Rallies Behind Team Member Battling Brain Tumors
Barsz Gowie Amon & Fultz (BGA&F) proudly sponsored and participated in the National Brain Tumor Society’s Greater Philadelphia Walk last Sunday. Megan Yates, 28, a beloved administrative assistant at the firm, was first diagnosed with a brain tumor when she was just eight years old. She is now courageously battling two new brain tumors. Despite…
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Navigating the World of Business Franchise Funding
In the realm of entrepreneurship, the allure of franchising often shines brightly. The promise of established brand recognition, proven business models, and ongoing support can be compelling. However, one critical aspect you must navigate as an aspiring franchisee is how to fund your new venture. Acquiring the necessary capital to invest in a franchise business…
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The Road Ahead for Lenders: Complying with Consumer Financial Protection Bureau’s Small Business Lending Rule
Big changes are on the horizon for commercial lending compliance. The Consumer Financial Protection Bureau (CFPB) finalized the small business lending rule on March 30, 2023. The rule implements section 1071 of the Dodd-Frank Act, which amends the Equal Credit Opportunity Act (ECOA/Regulation B), and requires financial institutions to collect and report specific data points…
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Why Philadelphia’s Marketing Leaders are Shifting Budgets to Content Partnerships
As traditional marketing methods continue to lose momentum and impact, Philadelphia marketing leaders are leveraging the power of content partnerships to command consumer attention and establish their brand as an industry leader. The Changing Face of Marketing in Philadelphia Like most media landscapes across the U.S., Philadelphia’s marketing terrain has undergone a significant transformation over…
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CEO of RKL Named to Accounting Today’s Prestigious 2024 Managing Partner Elite List
Ed Monborne, the CEO of RKL, has been named to the esteemed Accounting Today 2024 Managing Partner Elite list, which annually features eight top executives for their outstanding leadership in the quickly evolving professional services industry. Since assuming the role of CEO in 2011, Monborne has led RKL’s transformation into a national powerhouse in the professional services…
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Why Consider a Pooled Employer Plan for Your 401(k) Plan
As a business owner, you shoulder a tremendous number of responsibilities to ensure you are offering a competitive benefits package to your employees. Now, thanks to a 401(k) alternative known as a “PEP” or “Pooled Employer Plan,” you can focus on your core business activities while shifting the responsibilities and liabilities of administering a plan…
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The Crucial Role of Tracking Inventory: Enhancing Efficiency and Profitability for Your Business
In the fast-paced retail, manufacturing, and distribution world, effective inventory management stands as a cornerstone of success. At the heart of this management lies the vital practice of inventory tracking. From optimizing supply chain operations to meeting customer demands, tracking inventory is pivotal in enhancing efficiency, profitability, and customer satisfaction. This comprehensive guide delves into the importance…
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Mastering the Exit Interview: Unlocking Valuable Insights for Organizational Growth
It’s often said that feedback is a gift, and this adage certainly holds true if your organization is seeking candid perspectives and insights on your employee experience. An exit interview or survey can provide just that — the opportunity to uncover a non-biased view of your working environment company culture and recurring themes and trends…
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The Kelce’s Haverford Garage Went From Clutter to Better After Makeover
Jason Kelce and Kylie Kelce lead busy public lives, they’re both athletes, and they’re raising three young daughters. The combination created a messy garage of randomness at their Haverford mansion, writes Amanda Lauren for Forbes. It had become a challenge to find a spot for everything, from golf equipment to toys and Kylie’s field hockey…
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Veteran of Sales and Business Development Sets New Standard for Growth at West Chester-Based MyOfficeOps
As neighbors and friends for more than a quarter-century, Steve Rickel and Mark Mehok have known each other for quite some time. That personal relationship eventually paved a path for a professional one, with Mehok joining Rickel’s company, MyOfficeOps, in July 2023 as Senior Vice President of Sales and Business Development. Founded in 2013 by…
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Beyond HR: Why HRIS Technology and Outsourced Advisory Needs to Be a Discussion in the C-Suite
With labor and inventory costs rising and the continual pressures from an inflationary economic environment, nearly every business owner can relate to the need to reduce costs and drive greater efficiency in their business operations. One area that could drive significant savings from streamlining and automating that may not be top of mind in the…
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Warren Lewis, Out and About on the Main Line, Leaves Behind Beauty
For 30 years, one intersection at a time, Warren Lewis has been making the Main Line beautiful, writes Ben Silver for Main Line Today. It started when he moved to Radnor in 1995 and was startled by how dreary the local train station had become in neighborhoods with otherwise beautiful homes and towering trees. “Right…
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Key Questions to Consider When Crafting Your Effective Tax Strategy
With April 15 behind us, many business owners view this as a chance to set aside thinking about taxes for months. While they will pay their quarterly estimates and work with their CPA to address any notices they receive, these business owners welcome the opportunity to not think about taxes until next year’s busy season.…
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RKL Virtual Grows Outsourced Solutions with Kauffman CPA Company Merger
RKL LLP has announced a merger with Lancaster-based Kauffman CPA Company, effective July 1, that will add further expertise to RKL Virtual Management Solutions’ spectrum of outsourced accounting, financial management, human resources, and payroll services. “For over a decade, Kauffman CPA Company has built strong relationships with small and medium-sized businesses by helping them navigate the day-to-day…
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