News

12/1/2016
TEG Announces New Managing Partner

Trout, Ebersole & Groff, LLP is pleased to announce that Todd Harrington, CPA, CVA, CGMA, Partner has been appointed as the new Managing Partner of the firm effective immediately.  He succeeds Donald F. Johnson, Jr., CPA who had management responsibility from 2010 to 2016.

Under Don's leadership, the firm grew from 65 employees to over 100 professionals with offices in both Lancaster and the Capital Region.  In addition to his responsibilities for overall operation of the firm, he also served as the chair of the firm’s Management Committee. Don actively participated in the firm’s Construction, Governmental, and Not-for-Profit Practices Groups and served on the Quality Control Committee.

Todd joined the firm in 1996 and was admitted as a Partner in 2007.  He was the recipient of Central Penn Business Journal’s Forty Under 40 Award in 2010, and a 2012 graduate of Leadership Lancaster. 

Todd serves a wide array of clients in manufacturing, construction, real estate, and professional services. His areas of specialization include audit and attest services, mergers and acquisitions, tax planning and preparation, and business consulting and valuations.  He currently chairs the firm’s Quality Control Committee and Manufacturing Practice Group.  He is also an active participant in the firm’s Construction Practice Group.  

Todd is a member of the American Institute of Certified Public Accountants, the Pennsylvania Institute of Certified Public Accountants – Accounting and Auditing Procedures Committee, the National Association of Certified Valuators and Analysts, and the Chartered Institute of Management Accountants. He is also a member and active participant in Vistage.  Todd currently serves on the Board and Finance committee for Water Street Ministries. 

Todd lives in Lancaster County with his wife and three children.


11/22/2016
Thanksgiving Office Hours

Wishing you a Thanksgiving overflowing with peace, love and laughter.

Our offices will be closed Thursday, November 24th and Friday, November 25th.


11/7/2016
Proposed Regulations Related Internal Revenue Code Section 2704 Could Eliminate Certain Valuation Discounts Related to Family Controlled Entities

On August 2, 2016, the U.S. Treasury Department released proposed regulations under section 2704 of the Internal Revenue Code. The proposed regulations are designed to reduce the availability of valuation discounts used in valuing transfers of interests in family controlled entities among related parties.

For decades, appraisers have applied certain valuation discounts to account for the lack of control and lack of marketability present in minority shares of closely-held securities. Empirical studies show that the market places great value on voting control and ready liquidity.  Conversely, the lack of these attributes should indicate a lower (discounted) value.  The effect of valuation discounts is to lower the estimate of value of the underlying transferred security and thereby potentially lowering the overall transfer (estate, gift, generation skipping) tax paid.  Appraisers and estate planning professionals argue that such discounts commonly applied in family wealth transfers are prudent, legitimate and market-based.  The Internal Revenue Service has argued such discounts applied in the transfer of family controlled entities are designed solely to limit transfer taxes. 

The proposed regulations are currently in a 90 day public comment period. There is no question that there will be disagreement with the proposal regulations from the estate planning community during this comment period.  A public hearing has been scheduled for December 1, 2016.  Any final regulations may be substantially different from the proposed regulations.   While it is too early to know exactly what the final regulations will include, it is never too early to begin planning.  If adopted, the regulations will not be effective until the date of publication (or later) of a Treasury decision adopting the proposed regulations as final.  Most planners close to the situation indicate that the earliest such regulations would become effective would be in January 2017.  As such, the fourth quarter of 2016 is a critical planning period for estate, gift and family business transfer transactions.  

The proposed regulations are complex. A detailed discussion of the proposals is outside the scope of this article.  The following points represent major categories of changes in the proposed regulations, none of which are beneficial to family business transfers.

  • Limitations on "deathbed” transfers
  • Expanding the concept of "control” of certain entities
  • Modification of the concept of "applicable restrictions”
  • The addition of a new category of "disregarded restrictions”
  • A new definition of "family control”

As with most financial planning matters, each situation is unique. We strongly advise you to seek counsel from your trusted legal, estate and financial advisors regarding how these proposed regulations may impact your overall estate planning situation.  A proactive approach to planning is always prudent, regardless of the outcome of any pending regulations.

Trout, Ebersole & Groff’s estate, tax and business valuation experts are ready to assist you with your unique situation and offer proactive advice and assistance as you navigate the ever increasing complexity of government regulation and taxation.


11/3/2016
TEG Visits Mission Central

A group of professionals from the Trout, Ebersole & Groff, LLP Capital Region office visited with the executive director of Mission Central in Mechanicsburg for a tour of the facility and to discuss their mission.

Mission Central is the mission warehouse of the Susquehanna Conference of the United Methodist Church. Since it’s beginning in 2002, Mission Central has had 3 points of focus: Disaster Response, Mission Outreach and Mission Education.


10/27/2016
TEG Voted #1 by the Readers of Lancaster County Magazine

Trout, Ebersole & Groff, LLP would like to thank the readers of Lancaster County Magazine for voting our firm as the "Best of Lancaster" in the Professional Services category again in 2016!

 #1 Accounting Firm
Trout, Ebersole & Groff, LLP

#1 Accountant
Brian D. Wassell, CPA, CM&AA

Click here to see who else was voted as "Best of Lancaster".

Lancaster County Magazine's "Best of Lancaster" Reader's Survey is the area's original reader's poll.  Established in 1990 featuring results determined by reader feedback, the "Best of Lancaster" Readers' Survey has become a touchstone for excellence among local businesses and organizations.


10/25/2016
Tiffany Bender Appointed to Lancaster Symphony Orchestra Board

Trout, Ebersole & Groff, LLP is pleased to announce that Tiffany Bender, CPA has been appointed Board Treasurer for the Lancaster Symphony Orchestra.  Tiffany is a Senior Accountant with the firm.  In it's 70th season, the Lancaster Symphony Orchestra provides live musical performances to enrich, entertain and educate the south central PA community.


10/24/2016
TEG Exhibits at Lancaster Chamber Business Expo

On Friday, October 21st, Trout, Ebersole & Groff, LLP participated in the Lancaster Chamber’s 2016 Business Expo.  The event was held at Spooky Nook Sports Complex in Manheim.  The Expo gave TEG professionals the opportunity to network with vendors, prospects, clients and other local business professionals. The event featured educational workshops as well as exhibits. TEG's booth featured a new exhibit.  TEG professionals also participated in the "Launch Party" which was held on Thursday evening from 5-7pm.


10/24/2016
Chris Johnson Receives CCIFP Designation

Trout, Ebersole & Groff, LLP is pleased to announce that Chris Johnson, CPA has earned the professional designation of Certified Construction Industry Financial Professional (CCIFP) from the Institute of Certified Construction Industry Financial Professionals.  Chris has completed the necessary education and experience requirements and has passed the written examination necessary to earn this credential.

Congratulations Chris!


10/4/2016
TEG Welcomes Two New Managers

Trout, Ebersole & Groff, LLP is pleased to announce and welcome Arleen Steiner, CPA/CFF, CVA and Arthur Amelio, Jr., CPA to the firm. "We are excited to have these two professionals join our firm,” said Todd Harrington, CPA, CVA, CGMA, Managing Partner. "Both bring a wealth of experience and industry knowledge, and we see them as important additions to the Trout, Ebersole & Groff team in providing exceptional service and value to our clients.”

Arleen is a manager in the Tax Services group and will focus on litigation support, fraud investigation, forensic accounting, bankruptcy support and tax planning. She is a certified public accountant, certified valuation analyst, and is certified in financial forensics. Arleen also provides expert testimony in litigation cases. Prior to joining Trout, Ebersole & Groff, LLP, Arleen was employed with Baker Tilly, SF&Company and Greenberg & Company, LLC.

Arthur is a manager in the Audit Services group and will be responsible for all aspects of financial statement engagements including planning, field work, financial statement preparation, and governance communications. Art serves clients in the following industries including municipal government, school districts, non-profit organizations, higher education institutions and wholesale industries. He also services employee benefit plan engagements. Prior to joining Trout, Ebersole & Groff, LLP, Art was employed with CliftonLarsonAllen.

For over 87 years, Trout, Ebersole & Groff, LLP has provided quality accounting, auditing, tax, and business consulting services to clients throughout Central Pennsylvania. The firm consists of 100+ professionals who provide comprehensive financial services to individuals, businesses, agencies and other organizations.


9/23/2016
TEG Named to 100 Best Places to Work List

Trout, Ebersole & Groff, LLP has been named to the 2016 list of 100 Best Places to Work in PA.  Best Places to Work is a survey and awards program designed to identify, recognize and honor the state's best employers.  The program is a partnership between the PA department of Community and Economic Development, the PA State Council of the Society for Human Resources Management, and the Central Penn Business Journal.

"We are pleased to be recognized for this prestigious award," said Todd Harrington, CPA, CVA, CGMA, Managing Partner.  "It's a strong affirmation of the firm's focus on our greatest asset - our employees."

Nominees for the Best Places to Work award asked their employees to complete a survey based on workplace policies, practices, philosophies, systems, and demographics.

Trout, Ebersole & Groff, LLP will be recognized at the Best Places to Work in PA awards banquet on Thursday, December 1, 2016 at the Lancaster County Convention Center in Lancaster, PA.  Rankings will be revealed at the ceremony.

For over 87 years, Trout, Ebersole & Groff, LLP has provided quality accounting, auditing, tax, and business consulting services to clients throughout Central Pennsylvania.  The firm consists of 100+ professionals who provide comprehensive financial services to individuals, businesses, agencies and other organizations.


9/20/2016
TEG Participates in the PICPA's Week of Service

Trout,Ebersole & Groff, LLP participated in the PICPA's Week of Service event being held September 19th-25th.  On Monday, September 19th, a group of professionals from our Capital Region office had a successful day volunteering at the Central Pennsylvania Food Bank.   They packed almost 600 pounds of green beans in the three hours they were there!

PICPA’s Week of Service is a way to demonstrate, over one week’s time, the scope and depth of the contributions CPA's make to their communities all year long.


9/19/2016
TEG Participates in AHA's Lancaster Heart Walk

A group of professionals at Trout, Ebersole & Groff, LLP proudly participated in the American Heart Association's 2016 Lancaster Heart Walk on Saturday, September 17th at the Spooky Nook Sports Complex .  We are excited to report that we were able to exceed our Team Goal of $2,500 and raised $3,660!!  The TEG Team placed 4th out of 88 teams for fundraising.

The 2016 Lancaster Heart Walk is the American Heart Association’s premiere event that brings communities together to raise funds and celebrate progress in the fight against this country's No. 1 and No. 5 killers, heart disease and stroke.


9/12/2016
TEG Participates in United Way's 25th Annual Day of Caring Event

A group of professionals from Trout, Ebersole & Groff, LLP enjoyed giving back to the community by participating in the United Way's 25th Annual Day of Caring event on Friday, September 9th. They volunteered their time with Adoptions From The Heart disinfecting children's toys and cleaning the adoption meeting space. The group also learned more about this nonprofit organization and the private adoption services they provide.


9/9/2016
Save the Date - Annual Payroll & Business Seminar

Trout, Ebersole & Groff, LLP will hold their Annual Payroll & Business Seminar on Wednesday, December 7th at the Eden Resort from 7:00 am to 11:30 am.

More details to follow.


9/1/2016
TEG Offices Will Be Closed on Labor Day 9/5/16

Our offices will be closed on Monday, September 5th in observance of Labor Day. Wishing you an easy and relaxing Labor Day weekend!


9/1/2016
TEG Welcomes New Employees

Trout, Ebersole & Groff, LLP is pleased to welcome our most recent new hires to our team.

  • Della Limbert - Receptionist
  • Josh Lytle - Staff Accountant
  • Rebecca Shirk - Staff Accountant
  • Courtney Allen - Staff Accountant
  • Josh Gustafson - Staff Accountant
  • Leah Holzhauer - Staff Accountant
  • Evgenia Sheaffer - Tax Supervisor
  • Angela Martin - Staff Accountant (not pictured)
  • Arleen Steiner - Tax Manager (not pictured)

These nine professionals will be serving clients in both the Lancaster and Capital Region offices.

Welcome to TEG!


8/1/2016
Sharon Sacks and Krista Gagliardo Present to West Shore CPA Group

Trout, Ebersole & Groff, LLP Certified QuickBooks® ProAdvisors, Sharon Sacks, CPA and Krista Gagliardo, presented continuing professional education for the West Shore CPA Group at their July 20th meeting in Camp Hill, PA.  The program, which was attended by Peggie Stauffer, CPA and partner at Trout Ebersole & Groff, LLP and the West Shore CPA group members, focused on online accounting software and featured a deep dive into the QuickBooks® Online download of banking information and the potential for gaining efficiencies through its use.

The West Shore CPA group meets monthly to provide continuing professional education to CPAs on a variety of topics of interest to practitioners.


7/21/2016
TEG Announces Employee Promotions

Trout, Ebersole & Groff, LLP is very pleased to announce the promotions of the following employees who have met and exceeded the duties of their current classifications.

  • Ryan Butzer - Senior 1
  • Chris Hartman - Senior 1
  • Travis Oot - Senior 1
  • Kelly Weaver - Senior 1
  • Tiffany Bender - Senior 2
  • Matt Burkhart - Senior 2
  • Amanda Kilroy - Senior 2
  • Amanda Lehman - Senior 2
  • Sean Post - Senior 2
  • Heather Rossell - Senior 2
  • Andrew Scheid - Senior 2
  • Tim Vinson - Senior 2
  • Dan Chodan - Supervisor
  • Tim Gallagher - Supervisor

We would like to congratulate these employees and wish them continued success in their new roles!


5/23/2016
Megan Senkowski & Krista Showers Present at PICPA Employee Benefit Plan Conference

Megan Senkowski and Krista Showers, both CPAs at Trout, Ebersole & Groff, LLP, attended the Pennsylvania Institute of Certified Public Accountants (PICPA) Employee Benefit Plan Conference on May 19th and 20th in Lancaster.  Megan and Krista spoke on Health and Welfare Plan Basics.

The PICPA Employee Benefit Conference offers essentials to auditors of employee benefit plans and covers the latest technical standards, compliance rules and regulatory issues related to such audits.

PICPA is the premier statewide resource for top-class continuing professional education programs, professional networking, business-friendly advocacy, thought leadership, and a full range of services for accounting professionals.  PICPA’s programs and services are a springboard for growing camaraderie, confidence, and commitment in the world of accounting.

Krista serves on the PICPA Employee Benefits Plan Committee including the conference planning and technical subcommittees.


5/13/2016
Krista Showers Presents at Annual PAFPC Conference in Seven Springs

Krista Showers, CPA, CEBS, and partner at Trout, Ebersole& Groff, LLP, gave two presentations at the 47th Annual Pennsylvania Association of Federal Program Coordinators (PAFPC) Conference in Seven Springs, PA.

On Monday, May 2nd, Krista spoke on "Proper Use & Fiscal Accountability for Title I Funds to Meet Student and Teacher Needs.” On Tuesday, May 3rd, Krista spoke on "Top 10 Audit Findings – Things That Will Cost Your School Money & Negatively Impact Achievement.”  These sessions were part of the Pennsylvania Inspired Leadership (PIL) Program.  PIL is a statewide, standards-based continuing education program for school and system leaders.  This comprehensive, cohort-based program is focused on developing the capacity of leaders to improve student achievement.

The purpose of the PAFPC is:

  • To promote an exchange of knowledge, experience, and ideas concerning federal programs in order to enable the members to serve educational entities with greater effectiveness and efficiency.
  • To disseminate information concerning resources available from the federal government so that greater use can be made of these resources.
  • To supplement and assist the flow of information and constructive comment from the offices of the Pennsylvania Department of Education that are responsible for the administration of federally supported educational programs.
  • To provide advice and counsel regarding federal programs to any member and/or organization seeking to serve the educational needs of the community, the state or the union.
  • To provide training institutes or workshops in the area of federal program.

 


4/25/2016
Modified Office Hours

Our offices will be closing at noon on Fridays starting May 1st, 2016 through September 2nd, 2016.

Normal hours will resume the week of September 5th.


4/12/2016
Krista Showers Served as Judge for PA FBLA Event

Krista Showers, CPA, CEBS, partner at Trout, Ebersole & Groff, LLP, served as a judge for at the Pennsylvania Future Business Leaders of America (FBLA) 2016 State Leadership Conference in Hershey, PA on April 11th.  Krista was a judge for the American Enterprise Project whose purpose to promote an awareness of some facet of the American enterprise system within the school and/or community and help members learn more about the economic system under which they live and then to share their expertise in some way.

The FBLA helps students develop leadership abilities, and prepare for entry into, and advancement within, a business or business-related occupation. Members learn how to engage in business enterprise, how to direct the affairs of a group, and how to compete honorably in competitive events. These activities help prepare students to be better employees and better citizens.


4/8/2016
Krista Showers & Megan Senkowski Attend ESOP Association Spring Conference

Krista Showers, CPA and partner, and Megan Senkowski, CPA and supervisor at Trout, Ebersole & Groff, LLP attended the PA/DE Chapter of the ESOP Association Spring Conference in Kennett Square, PA on Thursday, April 7th.

The ESOP Association is America’s largest employee-sponsored advocacy and education association focused on employee stock ownership plans.  The Association seeks to enhance federal laws governing ESOPs, provide members with expert information, and fund research via the Employee Ownership Foundation.  The ESOP Association is a national non-profit organization with 18 local Chapters.  Its members include ESOP companies, companies considering an ESOP, and service providers that assist in setting up and maintaining ESOPs


4/6/2016
Carol Roland Named One of Central PA’s Women of Influence

Carol Roland, CPA and partner at Trout, Ebersole & Groff, LLP was one of 25 women selected to receive the 2016 Central Penn Business Journal’s "Women of Influence” award recognizing their outstanding leadership, integrity and accomplishments.

The 25 Women of Influence award recipients will be recognized at a luncheon on June 24, 2016 at the Hilton Harrisburg.  All honorees will be profiled in a special publication inserted in the July 1, 2016 issue of the Central Penn Business Journal.

Congratulations Carol!


3/24/2016
TEG Hosts GAQC Web Event

Trout, Ebersole & Groff recently hosted a Government Audit Quality Committee (GAQC) Web event: "Preparing for a Single Audit: An Auditee Perspective”.  The event was held on March 17 and over 35 participants were in attendance.  The event included two hours of educational instruction followed by a group discussion.  The presenters included Eric Formberg, CPA Plante & Moran, PLLC, and Shelly Hammond, CPA, Allen, Gibbs & Houlik, L.C. 

Eric and Shelly discussed the complexity of Single Audits and provided information to help auditees better prepare for their audits including:

  • What compliance requirements are, how auditees can identify them, and what auditors are required to test, including a high-level overview of the audit requirements in  Subpart F of the Uniform Guidance;
  • Auditee responsibilities for internal control over compliance, elements of COSO and the Green Book, and auditor responsibilities for understanding and testing internal control over compliance;
  • The various reporting requirements for auditees and auditors; and
  • Tips for auditees to get ready for single audits and steps that can be taken to help ensure a quality audit is obtained.


3/10/2016
Krista Showers Attends Pennsylvania Association of School Business Officials Annual Conference

Krista Showers, CPA and partner at Trout, Ebersole & Groff, LLP, attended the 61st Annual Pennsylvania Association of School Business Officials (PASBO) Conference in Hershey, PA on Wednesday, March 9th and Thursday, March 10th.

PASBO is a statewide association, 3000 members strong, and is devoted to providing members with education, training, professional development and timely access to legislative and policy news.  PASBO’s membership based covers school professionals working in finance, accounting, operations, facilities, transportation, food service, technology, communications, human resources, purchasing and safety services.  While diverse in areas of specialty, all members share a common goal – to support classroom learning in schools during good and bad economic times through smart business practices.  PASBO helps make that goal a reality.


3/4/2016
Krista Showers Attends International Society of Certified Employee Benefit Specialists Membership and Chapter Development Committee Meeting

Krista Showers, CPA and partner at Trout, Ebersole & Groff, LLP, was nominated and appointed to the International Society of Certified Employee Benefits Specialists (ISCEBS) Membership and Chapter Development Committee for 2016.  As a member of the national committee, Krista was invited to and attended the Membership and Chapter Development Committee meeting on Friday, March 4th in Brookfield, Wisconsin.

The Committee’s purpose is to make recommendations to the Governing Council of ISCEBS regarding membership services and activities and the growth and development of local chapters. 

ISCEBS is the premier interactive community providing educational resources, innovative thinking and collective wisdom to help members excel and prosper in their careers.  This membership organization is for those who have earned the Certified Employee Benefit Specialist (CEBS), Group Benefits Associate (GBA), Retirement Plans Associate (RPA) and Compensation Management Specialist (CMS) designations.


3/3/2016
Krista Showers Attends International Society of Certified Employee Benefit Specialists Chapter Volunteer Forum

Krista Showers, CPA and partner at Trout, Ebersole & Groff, LLP, was invited to and attended the International Society of Certified Employee Benefits Specialists (ISCEBS) Chapter Volunteer Forum on Thursday, March 3rd in Brookfield, Wisconsin.

The purpose of the forum is to provide local ISCEBS Chapter volunteers with additional information to help leaders make the most of their time as Chapter volunteers, share best practices with colleagues from across the U.S. and Canada and ensure the growth of ISCEBS.

ISCEBS is the premier interactive community providing educational resources, innovative thinking and collective wisdom to help members excel and prosper in their careers.  This membership organization is for those who have earned the Certified Employee Benefit Specialist (CEBS), Group Benefits Associate (GBA), Retirement Plans Associate (RPA) and Compensation Management Specialist (CMS) designations.

Krista is serving as the President of the ISCEBS Central PA Chapter for 2016.


1/21/2016
Krista Showers Serves as Preliminary Judge for PA FBLA Event

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 2016 State Leadership Conference.  As such, she was one of three judges that reviewed all financial business plans.

The FBLA helps students develop leadership abilities, and prepare for entry into, and advancement within, a business or business-related occupation. Members learn how to engage in business enterprise, how to direct the affairs of a group, and how to compete honorably in competitive events. These activities help prepare students to be better employees and better citizens.


1/11/2016
CEBS Nominates Krista Showers as President of the Cental Pennsylvania Chapter

Trout, Ebersole & Groff, LLP is pleased to announce that Krista Showers, CPA and partner in the firm, has been nominated as President of the Central Pennsylvania Chapter of the International Society of Certified Employee Benefit Specialists (ISCEBS) for 2016.  She has also been selected to serve on their 2016 Membership and Local Chapter Committee.
 


1/4/2016
Form 5500 Automatic Extension Changed

With the approval of the new House Bill, the deadline for Form 5500 filing has been rolled back to October 15th


12/21/2015
Holiday Hours

Happy Holidays!  Wishing you a beautiful holiday season and a new year of peace and happiness.

Our offices will be closed on:
  • Thursday, December 24th
  • Friday, December 25th
  • Friday, January 1st


12/21/2015
Jane Frymark Earns CSEP Designation

Trout, Ebersole & Groff, LLP is proud to announce that Jane Frymark has earned the designation of Certified Specialist in Estate Planning (CSEP).

Congratulations Jane!


12/15/2015
TEG Donates Gifts to Lancaster Day Care Center

Today, Tuesday, December 15th, Trout, Ebersole & Groff, LLP is excited to deliver Christmas gifts to the children of the Lancaster Day Care Center!  Megan Senkowski , current  board member of LDCC, and Kelly Weaver delivered the gifts.  The children will be surprised when they wake up from their naps to see that Santa was there!

We are privileged to have the opportunity to spread a little holiday cheer throughout our community!


12/9/2015
2015 Annual Payroll & Business Seminar Materials

Thank you for attending Trout, Ebersole & Groff's 2015 Annual Payroll & Business Seminar this morning.  Please see below links for additional information.

  1. Annual Reconciliation Worksheet
  2. Group-Term Life Insurance Examples
  3. Personal Use of Auto - Annual Lease Valuation Method
  4. Third Party Sick Pay Example and Form 8922
  5. Form W-2 Box 13 Retirement Plan Checkbox Decision Chart
  6. Guidelines for Taxability and Example
  7. 1099 Correction Instructions
  8. Qualified Moving Expenses
  9. Prizes and Awards
  10. Per Diems and Mileage Allowances
  11. Educational Assistance
  12. Compensatory Time Off
  13. Cafeteria Plan - Additional Election Changes
  14. PA 1099-MISC Information
  15. Form W-9 and Instructions
  16. Employee of Independent Contractor
  17. Guide to Information Returns
  18. Form 941-X and Instructions
  19. W-2 Reporting of Employer - Sponsored Health Coverage
  20. SSA-131 Employer Report of Special Wage Payments
  21. Fair Labor Standards Act (FLSA) & Child Labor Family and Medical Leave Act
  22. PA Minimum Wage Law Summary
  23. Form I-9 Employment Eligibility Verification & Instructions
  24. PA New Hire Reporting & Child Support
  25. 2015 Form 940
  26. REV-1667R PA W-2 Transmittal
  27. LST Employee Withholding Exemption Certificate Refund Application
  28. Certificate of Residence
  29. Check Your Withholding
  30. 2016 W-4 (Draft)
  31. Tips for the Upcoming Filing Season
  32. Tables for Amounts Exempt from Levy on Wages
  33. PA Employer Withholding Due Dates
  34. Notice 1036-Early Release Copies of the 2016 Percentage Method Tables for Income Tax Withholding


11/20/2015
Register Today for TEG's 2015 Annual Payroll & Business Seminar

Register today for Trout, Ebersole & Groff, LLP's 2015 Annual Payroll & Business Seminar scheduled for Wednesday, December 9th from 7:00 am to 11:00 am at the Eden Resort - Court Yard.  This seminar highlights key issues you need to address prior to year-end, as well as items to be considered when planning for 2016. 

This complimentary seminar includes a buffet breakfast followed by presentations from experts in the areas of Payroll, The Affordable Care Act, Overtime Regulations, Fraud, and QuickBooks.  Speakers and topics include:

Payroll Overview - What's New for 2016?
  • Denise Joline, Payroll Specialist at Trout, Ebersole & Groff, LLP

Affordable Care Act - Update
  • Dan Chodan, CPA, Senior Accountant at Trout, Ebersole & Groff, LLP

Changes to Overtime Regulations
  • Theodore Brubaker, Esq., Partner at Brubaker Connaughton Goss & Lucarelli LLC

Fraud Detection and Prevention
  • Carol Roland, CPA, CGMA, CFE, Partner at Trout, Ebersole & Groff, LLP

QuickBooks Payroll - 10 Tips in 10 Minutes
  • Donna Patterson, Certified QuickBooks ProAdvisor at Trout, Ebersole & Groff, LLP

Reporting of Fringe Benefits

  • Denise Joline, Payroll Specialist at Trout, Ebersole & Groff, LLP

If you are interested in attending this event and have not received an invitation, please click here to view the invite.




11/18/2015
TEG to Host Manufacturing Seminar on December 10th

On Thursday, December 10th, Trout, Ebersole & Groff, LLP will host an "Insights Into Manufacturing" Seminar from 7:00 to 10:45 am at the Cork Factory Hotel.

This seminar offers a tremendous opportunity to gain insight into the financial, legal, human resource, and risk management issues facing the manufacturing industry today. Guest speakers and topics include:

Manufacturing Trends and the Evolving Workforce
  • Tracy Fornwalt, President of Fornwalt & Associates Business Consulting

OSHA and New Injury and Illness Reporting Regulations
  • Matthew Olphin, Vice President of Risk Control at Murray Securus

Navigating the Interplay and Overlap Between Workers' Comp, Unemployment Compensation, FMLA and ADA
  • Daniel Lieberman, Attorney at Devine Law Offices, LLC

Taxing Issues for Manufacturers
  • Jason Herr, Partner at Trout, Ebersole & Groff, LLP

ACA: What You Need to Know and Do - Now!
  • Dan Chodan, Senior Accountant at Trout, Ebersole & Groff, LLP

If you are interested in attending this event and have not received an invitation, please click here to view the invite.


11/10/2015
TEG to Co-Host PA Budget Battles Seminar on November 17th

On Tuesday, November 17th, Trout, Ebersole & Groff, LLP will co-host a presentation on the Pennsylvania Budget Battles with Rogers & Associates and Brubaker Connaughton Goss & Lucarelli.  Jude Hoar, CPA, and partner of the firm,  will co-host at the event which will be held at the Lancaster Country Club from 6:00 to 8:00 pm.  If you are interested in attending this event and have not received an invitation, please click here to view the invite.


11/3/2015
TEG Attends Business of the Year Awards

Members of the Trout, Ebersole & Groff, LLP team attended the Central Penn Business Journal's 2015 Business of the Year Awards on Monday, November 2nd at the Hilton Harrisburg in support of clients and business affiliates who were chosen as finalists.

We would like to congratulate all the winners and finalists of this prestigious award.


9/30/2015
ACA Compliance Deadline Quickly Approaching – Act Now!

The Affordable Care Act (ACA) imposes new reporting responsibilities for employers starting with the 2015 filing year.  The reporting requirements provide the basis for IRS enforcement of the ACA’s employer mandate, individual mandate and premium tax credits. If you need assistance understanding the ACA reporting requirements or meeting the various ACA deadlines, please visit our Affordable Care Act page.


9/29/2015
Peggie Stauffer Attends CFMA Regional Conference

Peggie Stauffer, CPA and partner at Trout, Ebersole & Groff, LLP, attended the 12th Annual CFMA Mid-Atlantic Regional Conference on September 27 and 28  in Baltimore, Maryland.

This year’s two day conference was packed with networking and social events as well as timely topics on changing tax legislation, important updates on our region’s economic climate, cyber security, and practical information in the area of Human Resources.

The Construction Financial Management Association (CFMA) is "The Source & Resource for Construction Financial Excellence" and the only nonprofit organization dedicated to serving the educational needs of today's construction financial professionals.


9/25/2015
Brian Wassell Attends AM&AA Central PA Branch Meeting

Brian Wassell, CPA and partner at Trout, Ebersole & Groff, LLP, attended the Alliance of Merger & Acquisition Advisors (AM&AA) Mid-Atlantic Chapter Central PA Branch Meeting at the Lancaster Country Club on Wednesday, September 23rd.  Brian is also an active member of the AM&AA Central PA Branch Committee.

The guest speaker was Senator Mike Brubaker.  Since the conclusion of his second full term in the Pennsylvania Senate, Senator Mike Brubaker, immediate past Chairman of the Senate Finance committee, has joined a dynamic new firm in Lancaster, Pennsylvania, Blackford Ventures, LLC as CEO.

The Central PA marketplace is vibrant and growing. Deal flow and activity are at all-time highs across the nation. The Alliance of Mergers & Acquisition Advisors (AM&AA) is the leading middle market M&A association for deal professionals across the country. AM&AA members represent buyers and sellers of businesses ranging from $5mm to $500mm in transaction value. The goal of The Central PA Branch of the AM&AA is to provide a platform to bring the "best of the best" in the deal community together to collaborate and enhance their respective practices.


9/24/2015
Peggie Stauffer Attends ASA Construction Expo

Peggie Stauffer, CPA and partner at Trout, Ebersole & Groff, LLP attended the American Subcontractors Association (ASA) of Central PA’s 2015 Construction Expo on September 22nd at the Ned Smith Center for Nature & Art in Millersburg, PA.

The American Subcontractors Association’s mission is to improve the profitability of construction subcontractors, specialty trade contractors and suppliers by offering educational programs, governmental advocacy and member benefit programs and networking opportunities.


9/14/2015
Krista Showers Attends PA Department of Education Division of Federal Programs Uniform Grants Guidance Workgroup

Krista Showers, CPA and partner at Trout, Ebersole & Groff, LLP, was invited to and attended a meeting of the PA Department of Education Division of Federal Programs (PDE DFP) on the new Uniform Grants Guidance (UGG) that relates to Federal grants for Local Educational Agencies (LEAs) on Thursday, September 10th.

The purpose of the workgroup was for PDE DFP officials to talk with key stakeholders in the field (LEA representatives and auditors) about what the new UGG may mean for them and what best practices may be adopted.


9/4/2015
Trout, Ebersole & Groff, LLP Adds Partners

Trout, Ebersole & Groff, LLP is excited to announce the promotion of two outstanding CPA’s.  Nicole K. Cradic and Jason C. Herr will be admitted as partners on December 1, 2015. 

 Nicole K. Cradic, CPA

Nicole Cradic, CPA is currently a Manager specializing in audit and attest services, including audits of employee benefit plans and governmental agencies.  She has over nine years of experience with the firm.

Nicole joined Trout, Ebersole & Groff, LLP in 2006 after graduating Magna cum Laude from Old Dominion University with a Bachelor of Science degree in Business Administration and a focus in Accounting and Finance.  She passed the CPA exam in 2008.   

Nicole serves a wide variety of clients including privately-held corporations, non-profit organizations and governmental agencies.  She is also a member of the firm’s Employee Benefit Plan and Governmental Practice Groups. Additionally, Nicole is an active participant with the firm’s Attest Services, Accounting Standards, Quality Control, and Business Development Committees.

Currently, Nicole serves on the Finance Committee of St. Peter Church in Elizabethtown and is a past-member of the Hershey Rotary Club.  She is also a Member of the AICPA and the PICPA. 

 Jason C. Herr, CPA

Jason Herr, CPA is a Manager focusing his practice area in taxation.  His areas of concentration include tax planning and preparation, multistate taxation, reviews, compilations, and business consulting.  He has been serving the firm’s clients for over eight years.   

Jason is a 2007 graduate of Clearwater Christian College with a Bachelor of Science degree in Accounting.

He passed the CPA exam in 2010. Jason currently serves on the firm’s Construction and Manufacturing Practice Groups and works with many of the firm's privately-held clients in these industries. He is also a contributing member of the Multistate Tax and Business Development Committees.

Currently, Jason serves as a Board Member for the Southern Lancaster County Chamber of Commerce, Advisory role for Assets of Lancaster, and Member of Millersville Bible Church. He is also a Member of the AICPA, PICPA and the Inter County Contractors Association.

Both partners will serve Trout, Ebersole & Groff, LLP’s rapidly growing client base in Lancaster County and the Capital Region.

 


9/4/2015
TEG Offices Will Be Closed

Trout, Ebersole & Groff, LLP offices will be closed on Monday, September 7th in observance of Labor Day.


9/1/2015
TEG Welcomes New Employees

Trout Ebersole & Groff, LLP is pleased to announce our summer hires.


  • Terry Thomas, CPA - A&A Manager
  • Carolyn Strohm, CPA - Senior Accountant 2
  • Katie Sauder - Senior Accountant 2
  • Yanxia Liu, CPA - Senior Accountant 1
  • Tim Vinson, CPA - Senior Accountant 1
  • Jean Havens - QuickBooks Paraprofessional
  • Kristin Antrim - QuickBooks Paraprofessional
  • James Beaujean - IT Specialist
  • Mike Cannon - Staff Accountant
  • Jensen Appleman - Staff Accountant
  • Corey Eshelman - Staff Accountant
  • Thomas Young - Staff Accountant
  • Colleen McElroy - Front Desk Receptionist
  • Mel Glick - Administrative Support

Welcome to the TEG Team!

 


8/19/2015
TEG Participates in Annual PICPA Volleyball Tournament

Many members of the Trout, Ebersole & Groff, LLP staff participated in the PICPA South Central Chapter's 30th Annual Sports Day Picnic and Volleyball Tournament at Bressler/Cibort Park on Thursday, August 6.  Attendees enjoyed a competitive day of volleyball complete with lunch and dinner.

Check out our Facebook page for photos!


8/10/2015
TEG Featured in Fine Living Lancaster Magazine

Trout, Ebersole & Groff, LLP has been featured in issue 35 of Fine Living Lancaster.  Check out our article here.

Fine Living Lancaster magazine presents the fresh, fun, and Fine of life that Lancaster has to offer.


8/5/2015
Brian Wassell Attends Healthcare Seminar in Wyoming

Brian Wassell, CPA and partner at Trout, Ebersole & Groff, LLP, attended a 4-day Healthcare seminar on July 28th through July 31st in Jackson Hole, Wyoming. 

The seminar's emphasis was on easy-to-implement practical ideas on such things as aggressive tax ideas, practice building ideas, retirement plans, practice transition ideas, employee benefits, insurance, cost cutting ideas and others.  At this year’s seminar, a special emphasis was placed on the following issues that can help improve wealth and quality of life:

  • New Tax Law Changes - Covered current tax law changes affecting doctors and their practices.
  • New, Improved Retirement Plans - New tax-saving plan designs that can improve the power of plans for doctors who want to save between $10,000 and $100,000 per year.
  • Improve Profitability - Common sense ways to improve profitability.
  • Staffing - Creative ways to hire and retain great employees.
  • Insurance Needs - Appropriate levels (if any) of life, disability and long-term care insurance. What the insurance sales people prefer you don’t know.
  • Steps To Take Now To Cut Future Taxes When Selling A Practice Or Bringing In A Partner - A recent tax court case gives us guidance on actions to take years in advance that can dramatically cut taxes on a practice transition.
  • Maximizing Retirement Plan Investments - How to build them while working, and how to reposition them near retirement.


LANCASTER OFFICE
1705 Oregon Pike
Lancaster, PA 17601
Phone: 717-569-2900
Fax: 717-569-0141
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5000 Ritter Road, Suite 104
Mechanicsburg, PA 17055
Phone: 717-697-2900
Fax: 717-697-2002
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