Ultimate Account Blog

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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Nonprofit Board Service – A Right or A Privilege?

Pretty much every parent of a 16- or 17-year-old has a discussion about the use of a vehicle. In order to convey their concern about their child’s safety, parents often indicate that driving is a privilege and not a right. The main difference is that a right is…

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Is Saying “No” in the Workplace an Acquired Skill?

The South Central Pennsylvania workforce is known for its strong work ethic, which has its origins in the Pennsylvania Dutch culture.  With the rise in residential and commercial development and the decreasing farmland, people often lose sight of this cultural influence. Nevertheless, it is always there below the surface…

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You May Be A Hotelier and Owe Taxes Without Knowing Either

Recently I received a notice from the Pennsylvania Department of Revenue regarding Pennsylvania’s Hotel Occupancy Tax. I was about to toss it in file bin number nine; however, I decided to read the notice in detail, knowing clients I serve may be getting similar communications. Many taxpayers have…

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What You Need to Know About the WannaCry Ransomware Program

  Just days after President Trump signed a much-anticipated executive order on cybersecurity, a massive cyberattack—potentially the largest the world has ever seen, with more than 75,000 ransomware attacks in 153 countries—stole headlines. The “WannaCry” ransomware program hit organizations around the world on Friday, May 12, encrypting computer files…

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