Ultimate Account Blog

Why Great Players Rarely Make Great Coaches or Leaders

The NFL playoffs are upon us, and at the end of each game, the winning and losing head coach and star players meet the press to talk about the game, what went right or wrong, and why the game result occurred. Listening to their responses gives an idea…

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Is it Time to Rethink the S Corporation Due to Tax Reform?

Now that the much-awaited tax bill has been passed and signed into law, there are a number of questions that our clients are asking us. One of them deals with corporate tax rates. As far back as when President Trump was campaigning for office, he was indicating that there…

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Surviving the Holiday Shopping Season

I vividly recall working in retail on several Black Fridays when I was a college student, and the memory of that experience haunts me to this day (perhaps a future blog topic). Honestly, I believe that the more things change, the more they remain the same even though today…

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Year-End Business Tax Planning Strategies in Light of Tax Reform

If you subscribe to our weekly e-newsletter, The Bottom Line, you may have read the article below that first appeared in the November 22 issue.  Due to the Thanksgiving Holiday, we are rerunning the article hopes that if you missed it the first time, you would catch it this time…

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Decide to Accomplish Something Extraordinary This Friday

Edmund Hillary, many would argue, was an extraordinary individual. After all, he, with the help of his Sherpa, Tenzing Norgay, scaled Mount Everest successfully, way back in 1953. Prior to them reaching the summit, nobody else had ever done it. Hillary, however, would not claim to be extraordinary. “People do…

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Tax Reform: How Will the Proposed Legislation Affect You?

From the moment the 2016 Presidential election occurred, tax reform was anticipated, although the details of any overhaul could only be estimated based on campaign promises. Last week, the Republicans in the House of Representatives put forth a bill that will have some significant changes to the tax code.…

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6 Ways to Protect Your Personal Data from Cybercrime

With more and more regularity, news sources inform us about the loss of personal and financial information because of cybercrimes perpetrated from around the globe. Elections, power grids, movie production companies, government agencies, and financial institutions have shown vulnerability to cybercriminals.  Each time a security breach occurs we…

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Possible Changes Coming to PA Non-Profit Reporting Thresholds

In Pennsylvania, many medium-sized nonprofit organizations have long had to endure an audit of their financial statements at the end of each fiscal year. A charity that has over $300,000 of income that arises from donations, gifts, nongovernmental grants, gross fundraising events and gross gaming activities has been…

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Are You Committed or Just Supportive of Your Team’s Goals?

I recently listened to a webinar about personal integrity which happens to be one of our firm’s core values. The presenter of the webinar discussed six areas where leaders can unsuspectingly fall into a situation where they are not exemplifying integrity, but the one that was most striking to…

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Federal Tax Reform Part II – What to Expect in the Second Half of 2017

By Glenn James It’s been three months since the publication of our first article on tax reform titled: “Federal Tax Reform: What We Are Likely to See in 2017.” At least two major events discussed in that article have already transpired. First, with barely a moment’s hesitation, the U.S.…

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