In May, the Internal Revenue Service (IRS) announced the Health Savings Account (HSA) contribution limits for 2019. The 2019 HSA Contribution Limit is $3,400 for single coverage and $6,750 for a family. Individuals ages 55 years and older are allowed to contribute an additional $1,000 per each tax year.

On Friday, May 25th, Trout Ebersole & Groff, LLP (TEG) hosted their Annual Employee Appreciation Day. TEG professionals had the opportunity to choose an experience from a variety of activities including a relaxing massage, paintball, go-kart racing, and painting. Here are some photos that captured this great day.

Trout, Ebersole & Groff, LLP (TEG) is pleased to introduce this year's accounting interns.

Trout, Ebersole & Groff, LLP is pleased to welcome Marketing Intern, Alayna Nicklaus. Alayna is a graduate of Lancaster Catholic High School and is currently in her last year at Fairfield University where she is studying marketing.

We are pleased to announce Tim Vinson, CPA, has passed the AICPA Advanced Defined Contribution Plan Audit Certificate Exam. This examination tests an auditor’s ability to plan, perform, and evaluate define contribution plans in accordance with AICPA standards and DOL rules and regulations.

Krista Showers, CPA, CEBS, and partner at Trout, Ebersole & Groff, LLP, gave two presentations at the 50^th Annual Pennsylvania Association of Federal Program Coordinators (PAFPC) Conference in Hershey, PA.

During the PICPA South Central Chapter Annual Meeting on May 10, 2018, ten accounting professionals from Trout, Ebersole & Groff, LLP (TEG) were honored.

Whether you are new to QuickBooks® Desktop, need a refresher, or you want to learn best practices to coordinate invoicing and receiving payments from customers, Trout, Ebersole & Groff, LLP has a class for you!

Effective Monday, April 30, 2018 through Friday, August 31, 2018.

Our offices will be closing at noon on Tuesday, April 17, 2018 and will reopen on Wednesday, April 18th at 8:00am.

Buying a home for the first time can be both very exciting and stressful.

Krista Showers, Megan Senkowski, and Linda Bell attended Benecon’s Health Benefits Seminar on April 5-6, 2018 at the Lancaster Marriott.  Trout, Ebersole & Groff, LLP was a bronze sponsor for the event which was presented by Benecon and ConnectCare3.  The event included presentations on the following topics:

Joseph Biesecker, Human Resources Director, and Krista Showers, CPA, CEBS, Partner at Trout, Ebersole & Groff, LLP, served as judges of the Pennsylvania Future Business Leaders of America (FBLA) American Enterprise and Electronic Career Portfolio events for the 2018 State Leadership Conference.  As such, they were judges that reviewed live student performances. 

“Emily McGraw,  Staff Accountant, Megan Senkowski, CPA and Manager, Krista Showers, CPA and Partner, and Michael Wolfe, CPA and Partner at Trout, Ebersole & Groff, LLP attended the PA/DE Chapter of the ESOP Association Spring Conference in Glen Mills, PA on Thursday, March 29^th. This year's spring event focused on:

Trout, Ebersole & Groff, LLP is pleased to announce the hire of two Client Accounting Services (CAS) team members, Jennifer M. Wingard and Priscilla Bonet.

The Alliance Mid-Atlantic Chapter- Central PA Branch

Spring Event

Join us for the Central PA Chapter Spring Event featuring speaker Chip Brown, President of McClure Company in Harrisburg, PA. The event will take place on May 1st from 5:30 pm to 7:30 pm at the West Shore Country Club located at 100 Brentwater Road, Camp Hill, PA 17011. Hors d'oeuvres and cocktails will be provided throughout the event.

Trout, Ebersole & Groff, LLP (TEG) is pleased to announce the hire of Business Valuation Manager Douglas A. Knapp. Doug graduated magna cum laude from Rider University with a Bachelor of Science degree in Business Administration with a concentration in finance. He joins TEG with over 11 years of experience in business valuation, mergers and acquisitions, litigation support, and tax planning.

Krista Showers and Megan Senkowski Also Attend Pennsylvania Association of School Business Officials (PASBO) Annual Conference

TEG professionals, Dan Chodan, CPA, Matthew Thompson, CPA, and Timothy R. Gallagher, CPA, PFS, CFE, CGMA, participated in the WGAL Annual Tax Phone Bank.

During Mike's presentation, he discussed the importance of Succession Planning and maximizing the value of your business before you are ready to sell.  He also talked about the Merger & Acquisition (M&A) process of selling a business which includes the 6-steps below.

Trout, Ebersole & Groff, LLP is pleased to announce that Senior Accountant Martha Guaigua, EA has earned the designation of Certified Public Accountant (CPA).

ABOUT THE NEW TAX LAW

Trout, Ebersole & Groff, LLP (TEG) is pleased to announce that Sean Post, CPA has earned the designation of Certified Fraud Examiner (CFE) from the Association of Certified Fraud Examiners.Sean has completed the necessary education and experience requirements and has passed the written CFE examination necessary to earn this credential.

Whether you are new to QuickBooks® Desktop, need a refresher, or you want to learn best practices to coordinate invoicing and receiving payments from customers, Trout, Ebersole & Groff, LLP has a class for you!

Accounting and Business Advisory Firm, Trout Ebersole & Groff, LLP, has joined the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. As an independent member of the BDO Alliance USA, Trout Ebersole & Groff, LLP can expand the services offered to clients by drawing on the resources of BDO USA, LLP, one of the nation’s leading professional services firms, and other Alliance members

Trout, Ebersole & Groff, LLP professionals attended the AM&AA Central PA Branch Winter Event on Tuesday, February 13, 2018. The event featured speaker Steven P. Burke, President of Surface Preparation Technologies, headquartered in Mechanicsburg, PA. 

Trout, Ebersole & Groff, LLP is pleased to announce that Timothy (Tim) Miller, CPA, was admitted to the firm’s partnership effective January 1, 2018.

Trout, Ebersole & Groff, LLP Manager and Eagle Scout, Michael Carr, CPA, shares tax tips for deducting scouting expenses on tax returns in Scouting Magazine’s latest blog.

Trout, Ebersole & Groff, LLP will have extended business hours starting January 27, 2018 through April 17, 2018, for the 2018 tax season.

Trout, Ebersole & Groff, LLP (TEG) is pleased to announce the hire of Certified QuickBooks^® ProAdvisor, Karen L. Feister. Karen Feister is TEG’s newest Client Accounting Services (CAS) team member. Karen has over twenty years of QuickBooks experience in various industry groups including construction, property management, insurance, private school, small businesses, and nonprofit entities.

Trout, Ebesole & Groff, LLP is pleased to welcome Emily A. McGraw to our firm.  As a Staff Accountant, Emily will not only be a member of our tax and audit team but will also be a key professional in TEG’s new cybersecurity team.

We are pleased to announce Courtney Allen, a staff accountant at Trout, Ebersole & Groff, LLP (TEG), has earned the designation of Certified Public Accountant (CPA).

We are pleased to announce Megan Senkowski, CPA, has passed the AICPA Advanced Defined Contribution Plan Audit Certificate Exam. This examination tests an auditor’s ability to plan, perform, and evaluate define contribution plans in accordance with AICPA standards and DOL rules and regulations.

The Internal Revenue Service (IRS) released copies of the 2018 percentage method tables for income tax withholding which reflect the new tax law. The withholding tables are used by payroll professionals to determine how much tax they need to withhold from each employee’s paychecks based off of their wage, marital status, and also the number of withholding allowances.

Carol Roland, CPA, CFE, CGMA, MBA, and partner at Trout, Ebersole & Groff, LLP, gave a presentation at the Lancaster-Lebanon School Business Officials (LLSBO) meeting in Lancaster, PA.

We would like to extend our appreciation to our family, friends, professionals, and clients for helping to make 2017 so great! Click the video below to watch our highlights from 2017.

Krista Showers, CPA, CEBS, partner at Trout, Ebersole & Groff, LLP, served as preliminary judge of the Pennsylvania Future Business Leaders of America (FBLA) Partnership with Business event for the 2018 State Leadership Conference.  As such, she was one of five judges that reviewed all financial business plans.

Timothy R. Gallagher, CPA, CFE, CGMA has been appointed to Lancaster Dollars for Higher Learning board as assistant treasurer. He is also a member of their Executive Committee and is chair of their Finance Committee.

We are pleased to announce Leah Leaman, a staff accountant at Trout, Ebersole & Groff, LLP, has earned the designation of Certified Public Accountant (CPA).

On Thursday, January 4, 2018, Trout, Ebersole & Groff, LLP spoke at the Lancaster Bar Association Continuing Legal Education seminar about a variety of "taxing" issues.

Trout, Ebersole & Groff, LLP's Annual Payroll & Business Seminar was held on December 13, 2017.  Click the button below to view key takeaways from each presentation and to access 2018 payroll forms.

Trout, Ebersole & Groff, LLP is pleased to announce Thomas Young, a senior accountant at Trout, Ebersole & Groff, LLP, has earned the designation of Certified Public Accountant (CPA). This prestigious certification indicates Thomas has completed the necessary education and experience requirements and has passed the uniform Certified Public Accountant examination. In addition to earning his CPA designation, Thomas completed his MBA at Robert Morris University.

Trout, Ebersole & Groff, LLP is pleased to announce 130 blankets and 26 pillows were donated to the Community Action Partnership (CAP) of Lancaster and the Domestic Violence Shelter (DVS) for Women and Children. CAP reaches 30,000 low-income families through services that support child development & education, health and nutrition, household stability, and violence prevention to help them to work toward long term self-sufficiency.

Trout, Ebersole & Groff, LLP is pleased to announce Michael Taddeo, CPA has joined the firm as a Tax Senior 2 Accountant. Michael graduated from Kutztown University in 2013 with a Bachelor of Science Degree in Accounting and is currently working towards a master’s degree in accounting from Southern New Hampshire University.

Trout, Ebersole & Groff, LLP is pleased to announce Brian Pennington, CPA has joined the firm as an Audit Supervisor in our Capital Region office. Brian graduated from Messiah College in 2011 with a Bachelor of Science Degree in Accounting and obtained his CPA designation in 2014.

Trout, Ebersole & Groff, LLP is pleased to announce the hire of Certified QuickBooks ProAdvisor, Cindy Sensenig, and Office Manager, Alycia Billy.

On October 20, 2017, Trout, Ebersole & Groff, LLP announced the acquisition of Wolfe Valuation LLC.   Wolfe Valuation LLC was formed by W. Michael Wolfe, CPA/ABV, CVA in 2015.