McKonly & Asbury News

McKonly & Asbury has a wealth of knowledge on current topics and trends to help organizations succeed. McKonly & Asbury News allows our readers to stay up-to-date with accounting, tax, and general updates as well as upcoming webinars and presentations to help your business profit. Check out our recent articles below, and feel free to explore all of our content within the various categories. To share in this expertise and ensure you receive updates as they are posted, subscribe to McKonly & Asbury News by clicking here.

Is the Pennsylvania Tax Amnesty Program Right For You?

Approximately seven years ago, we wrote an article comparing Pennsylvania’s Voluntary Disclosure Program (VDA) to the Tax Amnesty Program that Pennsylvania was set to run in 2010. At that time, it was unknown as to whether the VDA Program would be shut down for an extended period of time, or if the terms of the […]

McKonly & Asbury Accountant Achieves Quickbooks ProAdvisor Designation

McKonly & Asbury is proud to announce that Alexandra Plantive, Accountant has completed her training to be a Quickbooks Online Certified ProAdvisor! ProAdvisors can help with everything from Quickbooks setup to bookkeeping and tax planning. The expertise that Alexandra has obtained through the certification better allows her to resolve any issues with a client. Alexandra is an […]

Is Tax Reform Dead?

Ahhh … the good old days, when we talked about tax reform as if it were a forgone conclusion, and the only question was how big the rate drop was going to be. Those were great times, weren’t they? Remember back in November when we asked the question, “Will We Have Tax Reform?” I remember […]

Webinar Recap – Human Resource Technology Trends for 2017

This webinar entitled “Human Resource Technology Trends for 2017,” was originally produced on Thursday, April 6, 2017. We hope that you enjoy the full recording of the presentation and additional resources offered below. This webinar was hosted by McKonly & Asbury Human Resource Director Suzanne Sentman, Human Resource Coordinator Holly Kressler, and Principal David Hammarberg. In […]

IRS Requests Comments on Changing Accounting Methods

On March 28, the Internal Revenue Service invited comments on a proposed revenue procedure on changes in accounting. If finalized, the new revenue procedure would allow a taxpayer to request consent to change a method of accounting for recognizing income when the change is made for the same taxable year for which the taxpayer adopts […]

Register Today! Affordable Housing Seminar on May 19

Registration is now open for McKonly & Asbury’s next Affordable Housing Seminar to be held on Friday, May 19, 2017. Topics and speakers to include: Tax Credit Hot Topics – Judy Crosby, Esq. from Kutak Rock will speak about “Tax Credit Hot Topics,” including legislative updates relating to the low-income housing tax credit program. Judy […]

Industry Report: Outpatient Care Centers

This month’s Industry Report includes the metrics and common size information for Outpatient Care Centers. You already have your financial statements in hand, you know your metrics, now let us provide some information that will help you see how you compare to your competition. We have provided key financial metrics through 2016 for Outpatient Care […]

The LEAN Profit and Loss Statement – The Future of Accounting

LEAN accounting. No, it is not about how to make your accounting department leaner through better eating habits (although being in the middle of year-end and tax season I would imagine good eating habits went right out of the window). What LEAN accounting is about is building a financial model and results around an accounting, […]

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