• 5 Ways to Keep Your Business Running Smoothly with Accounting Efficiency

    5 Ways to Keep Your Business Running Smoothly with Accounting Efficiency

    Managing daily accounting operations with limited time and resources is a common challenge for businesses. Improving efficiency not only alleviates the pressure of an overwhelming task load but also ensures that the most valuable information is available for decision-making. Here are some strategies to help increase accounting efficiency: 1. Streamline Reporting While financial details are…

  • Widespread Tax Law Changes on Horizon as Tax Cuts and Jobs Act Sunsets in 2025

    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…

  • DunlapSLK: Is It Time to Upgrade Your Business’s Accounting Software?

    DunlapSLK: Is It Time to Upgrade Your Business’s Accounting Software?

    If your current accounting software is struggling to keep up with your business’s needs, it might be time to consider an upgrade, advises DunlapSLK, a CPA and business advisory firm based in Chalfont. Outdated software can slow down operations, lack key features, and pose security risks. As your business grows, you’ll need tools that can…

  • Navigating the World of Business Franchise Funding

    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…

  • The Road Ahead for Lenders: Complying with Consumer Financial Protection Bureau’s Small Business Lending Rule

    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…

  • Why Philadelphia’s Marketing Leaders are Shifting Budgets to Content Partnerships

    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…

  • CEO of RKL Named to Accounting Today’s Prestigious 2024 Managing Partner Elite List

    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…

  • Why Consider a Pooled Employer Plan for Your 401(k) Plan

    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…

  • Renting Out Your Vacation Property? Consider the Tax Impact, Advises DunlapSLK

    Renting Out Your Vacation Property? Consider the Tax Impact, Advises DunlapSLK

    Whether you’re considering vacation home ownership or already own a vacation home, renting out a vacation property can have significant tax consequences that vary depending on the number of days the property is rented versus used personally, advises DunlapSLK, a CPA and business advisory firm based in Chalfont. If the property is rented out for…

  • The Crucial Role of Tracking Inventory: Enhancing Efficiency and Profitability for Your Business

    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…

  • Safety, Not Money, Comes First for Frazer-Based Divers on Expeditions to World’s Most Elusive Wrecks 

    Safety, Not Money, Comes First for Frazer-Based Divers on Expeditions to World’s Most Elusive Wrecks 

    Deep-water shipwreck diving is growing in popularity, but reaching some of the most elusive wrecks takes much more than simply a mask and flippers, writes Siobhan Reid for Rob Report.  Scuba diver Chris Donnelly, who operates the Frazer-based Blue Crew Divers center, made extensive preparation for his first trip to the SS Andrea Doria, the…

  • Mastering the Exit Interview: Unlocking Valuable Insights for Organizational Growth

    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…

  • Veteran of Sales and Business Development Sets New Standard for Growth at West Chester-Based MyOfficeOps

    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…

  • Beyond HR: Why HRIS Technology and Outsourced Advisory Needs to Be a Discussion in the C-Suite

    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…

  • DunlapSLK Volunteers at Charity Food-Packing Event in Bucks County

    DunlapSLK Volunteers at Charity Food-Packing Event in Bucks County

    In late May, 36 team members of DunlapSLK, a CPA and business advisory firm based in Chalfont, joined other local volunteers in packing meals at the Feed My Starving Children (FMSC) MobilePack event held at Delaware Valley University. FMSC is a Minnesota-based nonprofit with a mission to feed hungry children wherever the need is most…

  • Key Questions to Consider When Crafting Your Effective Tax Strategy

    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.…

  • RKL Virtual Grows Outsourced Solutions with Kauffman CPA Company Merger

    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…

  • Why You Need A.I.-Powered Onboarding

    Why You Need A.I.-Powered Onboarding

    A well-structured onboarding program can be a game-changer for your new hires, setting them up for long-term success. However, as many business owners and HR managers have learned, building and executing these programs manually can be tedious and time-consuming. Thankfully, technology has come to the rescue with A.I. and automation-powered HRIS tech platforms. By utilizing…