News

5/19/2017
Memorial Day Hours

In honor of Memorial Day, our offices will be closed on Friday, May 26th through Monday, May 29th. We will reopen on Tuesday, May 30th. 

We wish you and your family a safe and happy holiday!
                


5/18/2017
Megan Senkowski, Nicole Cradic & Krista Showers Present at PICPA Employee Benefit Plan Conference

Megan Senkowski, Nicole Cradic, and Krista Showers, all CPAs at Trout, Ebersole & Groff, LLP, attended the Pennsylvania Institute of Certified Public Accountants (PICPA) Employee Benefit Plan Conference on May 18th in Lancaster.  Megan, Nicole, and Krista spoke on "Beyond 401(k) Plans – A&A Considerations for Other Employee Benefit Plans.”

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.


5/8/2017
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 48th Annual Pennsylvania Association of Federal Program Coordinators (PAFPC) Conference in Seven Springs, PA.

On Monday, May 8th, Krista spoke on "Proper Use & Fiscal Accountability for Title I Funds to Meet Student and Teacher Needs” and "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.


5/3/2017
Tax Amnesty Notices

On April 21, 2017, Pennsylvania began a 60 day tax penalty and interest amnesty program.  As a result, some taxpayers have received a tax notice with the headline "Pennsylvania Tax Amnesty Program”.   Most of the tax notices relate to "unfiled” tax returns (income, sales, use, etc.), with some going back 40 years.  Many of these returns have been incorrectly flagged in the PA system as "unfiled”. 

If you’ve received one of these notices, please don’t ignore it.  Simply forward the notice to your TEG contact.  We’ve established a system to resolve these notices effectively and efficiently.  We do not recommend attempting to resolve these notices on your own; the call center phone numbers provided on the notice will not provide resolution guidance unless there is actual tax owed.

For additional information or assistance, please contact Michael Carr at mcarr@troutcpa.com for business notices or Gail Mowery at gmowery@troutcpa.com for individual notices.

Thank you for your continued business!


4/19/2017
Summer Hours

Our offices will be closing at noon on Fridays starting Friday May 5th, 2017 through September 1st, 2017.

Normal hours will resume the week of September 4th.


3/10/2017
Linda Bell Appointed to AMA's Heart Walk Executive Leadership Team

Linda Bell was appointed to American Heart Association’s Heart Walk Executive Leadership Team.  Linda is the Director of Business Development with Trout, Ebersole & Groff, LLP.  She previously served as the Co-Chair for the Lancaster Heart Ball and served as a Member of the Lancaster Heart Ball Sponsorship Committee.

The American Heart Association is a non-profit organization with a mission of building healthier lives free of cardiovascular disease and stroke.


3/8/2017
Matt Burkhart Appointed Board Treasurer for LCGA

Matthew E. Burkhart has been appointed Board Treasurer for the Lancaster County Golf Association.  Matt is a Senior accountant with Trout, Ebersole & Groff, LLP.  He graduated from Messiah College in 2013 with a Bachelor of Science degree in Accounting.

The Lancaster County Golf Association serves the best interest of all golfers residing n Lancaster County: Amateurs (men, women and juniors) and Professionals.


3/7/2017
Megan Senkowski Elected as Treasurer for Lancaster Early Education Center

Megan Senkowski, CPA was elected as Treasurer for the Lancaster Early Education Center.  Megan is an Audit & Attest Supervisor with Trout, Ebersole & Groff, LLP.  She graduated from Villanova University in 1999 with a Bachelor of Science degree in Accounting.  She received the designation of Certified Public Accountant in 2001.

The Lancaster Early Education Center is a non-profit charitable organization committed to providing affordable, high quality early care and education to children from low-income working families.


3/7/2017
Sandy Nonnenmocher Appointed to Workforce Development Board

Sandra L. Nonnenmocher, CPA, MST has been appointed to the Lancaster County Workforce Development Board as a private sector business representative. Sandy is a Tax Manager with Trout, Ebersole & Groff, LLP.  She graduated from Albright College in 2004 with a Bachelor of Science degree in Accounting.  She received her Master of Science degree in Taxation from Philadelphia University in 2011.

The Lancaster County Workforce Development Board coordinates, develops and maintains a system of workforce development programs and services that integrates the needs of employers and residents.

 


3/7/2017
Krista Showers Appointed to LCCF Board

Krista A. Showers, CPA, MBA, CEBS, has been appointed to the Board of the Lancaster County Community Foundation. Krista has been a Partner with Trout, Ebersole & Groff, LLP for over 14 years.  She previously served and continues to serve the Lancaster County Community Foundation as a member of their finance committee.

The Lancaster County Community Foundation helps people who love Lancaster County invest in the future of our community. Since 1924 they have been helping people establish permanent funds for the causes they care about and making grant investments to organizations that create a stronger and more vibrant quality of life for all of us.

Today LCCF holds nearly $95 million dollars in community assets that help support Lancaster every year. These resources are unique because they mean that this year, and every year, the Community Foundation will invest a portion of this money back into community benefit organizations and the emerging needs of Lancaster County.


3/1/2017
Krista Showers Recognized for CEBS CPE-Compliance

Krista A. Showers, CPA, MBA, CEBS, Partner, Trout, Ebersole & Groff, LLP has been recognized for attaining continuing professional education (CPE) compliance in the Certified Employee Benefit Specialist program for a two-year period. She is a graduate of the Certified Employee Benefit Specialist (CEBS) program, co-sponsored by the International Foundation of Employee Benefit Plans (IFEBP) and the Wharton School of the University of Pennsylvania.

Krista earned the CPE-compliance distinction by attesting to completing 30 hours of required continuing professional education over the last two years. All graduates of the CEBS program are subject to this requirement.

One of the most widely recognized and respected professional credentials, the Certified Employee Benefit Specialist program is a unique, university-developed curriculum covering all aspects of the total compensation body of knowledge.  Krista earned her CEBS designation in 2002.


2/17/2017
QuickBooks® Desktop Classes Presented by TEG

Looking for training on QuickBooks®?  Let us help you.  We’re offering three Desktop classes in April including Introduction & Beyond, Accounts Receivable, and Accounts Payable.

Classes will be taught by our QuickBooks® ProAdvisors.

All classes will be held at The Digital Workshop located at 1630 Manheim Pike, Suite7, Lancaster, PA.

Class Schedule:

All classes will be held from 8:30am to 12:00pm.


Cost:  $100 for each class

Register Today:  Seating is limited


2/14/2017
Jensen Appleman Earns CPA Designation

Trout, Ebersole & Groff, LLP is pleased to announce that Jensen Appleman has earned the designation of Certified Public Accountant (CPA).  This certification indicates that Jensen has completed the necessary education and experience requirements and has passed the uniform CPA examination. We wish to congratulate Jensen on this important milestone in her professional career.


2/9/2017
Travis Oot YPN's Spotlight of the Month

Travis Oot, CPA and senior accountant at Trout, Ebersole & Groff, is a member of the Lancaster Chamber's Young Professional Network (YPN).  Travis was featured in the YPN Spotlight for February.

The Young Professional Network (YPN) provides Lancaster Chamber member young professionals (YPs) (suggested age 40 years and under) with a setting to build relationships and develop professionally. The program also helps to cultivate these future leaders and provide them with opportunities for making connections and developing their careers so that they can help shape the future of Lancaster County.

Click here to check out the YPN Spotlight.


1/23/2017
Tax Season Hours

Today kicks off our tax season hours! Our doors will be open from 7:30 am to 6:00 pm Monday through Friday and 8:00 am to 12:00 pm on Saturdays until April 15th. Start gathering your tax documents - we are waiting to see you!


1/17/2017
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 2017 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.


1/16/2017
Travis Oot Receives CPA Designation

Trout, Ebersole & Groff, LLP is pleased to announce that Travis Oot has earned the designation of Certified Public Accountant (CPA).  This certification indicates that Travis has completed the necessary education and experience requirements and has passed the uniform CPA examination. We wish to congratulate Travis on this important milestone in his professional career.


12/21/2016
2017 IRS Mileage Rates

The IRS has released the 2017 optional standard mileage rates that employees, self-employed individuals, and other taxpayers can use to compute deductible costs of operating automobiles (including vans, pickups and panel trucks) for business, medical, moving and charitable purposes.

The 2017 standard mileage rate has decreased to 53.5 cents per mile for business uses and 17 cents per mile for medical and moving uses. It remains at 14 cents per mile for charitable uses. For purposes of computing the allowance under an FAVR plan, the standard automobile cost may not exceed $27,900 ($31,300 for trucks and vans).

The updated rates are effective for deductible transportation expenses paid or incurred on or after January 1, 2017, and for mileage allowances or reimbursements paid to, or transportation expenses paid or incurred by, an employee or a charitable volunteer on or after January 1, 2017.


12/20/2016
Share the Warmth

Trout, Ebersole & Groff, LLP shared the warmth this holiday season with a scarf, hat, mitten, and glove drive. Over 325 items were donated to the CAP of Lancaster’s Domestic Violence Shelter (DVS). DVS provides a safe, temporary shelter for victims of domestic violence.

Thanks to all our staff, clients and friends who donated items for this year’s drive! 


12/20/2016
Holiday Hours

Warmest wishes for a happy holiday season!

Our offices will be closed on Monday, December 26th and Monday, January 2nd.


12/14/2016
New Law Gives Relief To $100/Day ACA Penalty By Creating Small Employer HRAs

On December 13, the president signed a new law permitting small employers to reimburse medical expenses tax-free without offering group health coverage. This is potentially a huge win for many businesses and their employees but comes with some restrictions.

Employers that did not offer health insurance had been prohibited from reimbursing employees for their health expenses and insurance premiums. These reimbursement arrangements were considered non-compliant group health plans under the Affordable Care Act and were subject to excise taxes of $100 per person per day. 

Under the new law, starting January 1, 2017, small employers that do not offer health benefits can provide reimbursement through a Qualified Small Employer HRA (QSEHRA), without being subject to the excise tax. To qualify, the following requirements must be met: 

  1. The employer is not an Applicable Large Employer required to offer coverage to full-time employees under ACA. 
  2. The employer does not currently offer health care coverage to any employees.
  3. The HRA is funded by the employer only, with no employee contributions.
  4. The HRA reimburses eligible medical expenses (including individual market premiums) for the employee and dependents. 
  5. The maximum employer contribution is $4,950 and $10,000 for individual and family coverages, respectively. 

The law also grants retroactive transition relief to small employers who have previously reimbursed employees' medical expenses. 

 In addition to the requirements above, a business deciding to implement a QSEHRA must do the following:

  • Provide no later than 90 days before the beginning of the year a written notice to each eligible employee which includes:
  • A statement of the amount of the employee's permitted benefit under the arrangement for the year;
  • A statement that the eligible employee should provide the plan information to any health insurance exchange to which the employee applies for advance payment of the premium assistance tax credit;
  • A statement that if the employee is not covered under minimum essential coverage for any month, the employee may be subject to tax under the ACA individual mandate for such month, and reimbursements under the arrangement may be includible in gross income.
  • Provide coverage under a QSERA on the same terms to all eligible employees.
  • Benefit variations based on insurance policy pricing differences due to age or coverage tiers are allowed.
  • Employers can exclude those who have not completed 90 days of service, reached age 25, or are part-time/seasonal employees from eligible employees.
  • Require proof of coverage from employee before reimbursing expenses.


12/9/2016
TEG Names Karen R. Shenk to Partnership

Trout, Ebersole & Groff, LLP is pleased to announce that Karen R. Shenk, CPA, CVA, CFE was admitted to the firm’s partnership effective December 1, 2016.

"We are pleased to welcome Karen to the Trout, Ebersole & Groff, LLP partnership,” said Todd Harrington, Managing Partner. "Karen has quickly emerged as a leader in our firm, through her dedication to building relationships and helping our clients achieve success,” said Harrington.

Karen manages all aspects of financial reporting. She also engages in business consulting and advisory services, and performs quality control reviews for many of the firm’s clients.

Karen is a member of the firms Manufacturing, Construction, Not-for-Profit, and Forensics Practice Groups. She is also a member of the firm’s Business Development, Client Service and Quality Control Committees, and chairs the firm’s Attest Services Committee.

Karen is a 2014 graduate of Leadership Lancaster, a board member of Lancaster Early Education Center, and serves on the Finance Committee for the Power Packs Project.


12/8/2016
2016 Annual Payroll & Business Seminar Materials

Thank you for attending Trout, Ebersole & Groff's 2016 Annual Payroll & Business Seminar on December 7th.  Please see below links for additional information.

  1. Annual Reconciliation Worksheet
  2. Group-Term Life Insurance with Examples
  3. Personal Use of Auto - Annual Lease Valuation Method
  4. Third Party Sick Pay - Example & Form 8922
  5. Form W2 Box 13 - Retirement Plan Checkbox Decision Chart
  6. Guidelines for Taxability with Example
  7. 1099 Correction Instructions
  8. Qualified Moving Expenses
  9. Prizes & Awards
  10. Per Diem & Mileage Allowances
  11. Education Assistance
  12. Compensatory Time Off
  13. Cafeteria Plan - Additional Election Changes
  14. 1099-Misc Information
  15. Form W9 with Instructions
  16. Employer or Independent Contractor
  17. Guide to Information Returns
  18. Form 941-X with Instructions
  19. W2 Reporting of Employer-Sponsored Health Coverage
  20. SSA-131 Employer Report of Special Wage Payments
  21. Fair Labor Standards Act (FLSA) & Child Labor Family Medical Leave Act
  22. PA Minimum Wage Law Summary
  23. Form I9 employment Eligibility Verification & Instructions
  24. PA New Hire Reporting & Child Support
  25. 2016 Form 940
  26. REV-1667R - PA W2 Transmittal
  27. LST Employee Withholding Exemption Certificate & Refund Application
  28. Certificate of Residence
  29. Check Your Withholding
  30. 2017 W4 (not yet released)
  31. Tips for the Upcoming Tax Season
  32. Tables for Amounts Exempt from Levy on Wages
  33. 2017 PA Employer Withholding Due Dates
  34. Notice 1036 - Early Release Copies of the 2017 Percentage Method Tables for Income Tax Withholding


12/7/2016
Tax Planning for a Trump Presidency

With the year-end rapidly approaching, you may have questions regarding how a Donald Trump presidential administration paired with a Republican-dominated Congress might impact your taxes for 2016 and beyond. Tax situations are different for everyone but a common thought process for the near future is to defer ordinary income to 2017 and accelerate deductions to 2016 when feasible and practical.  In a very broad summary, here are some of the tax change proposals by either President-elect Trump and/or the GOP:

 Individuals may expect these changes:

  • Lower and consolidated tax rates
  • Increased standard deductions but elimination of personal exemptions
  • Limitation on the maximum amount allowable for itemized deductions
  • Repeal of the estate tax (with a possible limit on the amount permitted to be "stepped up at death” for purposes of computing gain or loss for income tax purposes)
  • Elimination of the alternative minimum tax
  • Repeal of the net investment income tax

Business may expect these changes:

  • Lower corporate business tax rate
  • Elimination of the alternative minimum tax
  • Increased expensing of tangible assets
  • Immediate deductions for manufacturing investments (in lieu of interest expense deductions)
  • Immediate expensing of intangible assets
  • Revision of the net operating loss carryback and carryover regulations
  • Fixed tax rates for income and distributions for S corporations and partnerships

Although we expect some changes to the tax laws, nothing is for certain.  As we become aware of significant tax law changes, we will be sure to communicate those changes with our clients.

Based on the information available to us now and to the extent it is possible, deferring ordinary income to 2017 and accelerating deductions to 2016 appears to be an appropriate approach.  For example, if there are charitable intentions you are considering for 2017 or an outstanding charitable pledge, it might make sense to fulfill that obligation in 2016.  Because everyone’s tax situation is unique, if you are interested in doing any tax planning or would like more detail regarding President-elect Trump and/or the GOP’s positions on tax reform, please contact our office to discuss your specific tax planning needs and objectives.


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.


LANCASTER OFFICE
1705 Oregon Pike
Lancaster, PA 17601
Phone: 717-569-2900
Fax: 717-569-0141
CAPITAL REGION OFFICE
5000 Ritter Road, Suite 104
Mechanicsburg, PA 17055
Phone: 717-697-2900
Fax: 717-697-2002
Toll Free: 800-448-1384    Email: