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Simon Lever: One of the Best Places to Work in PA 2013
October 11, 2013
Simon Lever LLP has been named one of the Best Places to Work in PA for 2013. The awards program, created in 2000, is one of the first statewide programs of its kind in the country. The program is a public/private partnership among Team Pennsylvania Foundation, the Pennsylvania Department of Community and Economic Development, the Pennsylvania State Council of the Society for Human Resource Management and the Central Penn Business Journal.
This survey and awards program was designed to identify, recognize and honor the best places of employment in Pennsylvania, which are benefiting the state’s economy and its workforce.
According to Marlin Benedict, managing partner, “We are thrilled to receive this recognition. The Best Places to Work award is really about all of us collectively, working together as a company, living out our core values, enjoying what we do and being fulfilled in our careers. By its very nature, the award signifies a focus outward on others, which is a key and integral part of our core ideology. It also represents the attainment of a goal, which meant we needed to be and live being a Best Places to Work before receiving the recognition of that status.”
Companies from across the state entered the two-part process to determine the 100 Best Places to Work in PA. The first part of this process was evaluating each nominated company’s workplace policies, practices, philosophies, systems and demographics. This part of the process was worth approximately 25 percent of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75 percent of the total evaluation. The combined scores determined the top companies and the final ranking.
Simon Lever LLP will be recognized at the Best Places to Work in PA awards banquet on Thursday, December 5 at the Lancaster County Convention Center in Lancaster.
Current Opening: Payroll Clerk
September 30, 2013
Simon Lever LLP is currently looking for a part-time payroll professional. This position will be responsible for assisting with the processing of client payrolls, remitting payroll taxes, direct deposits, preparation of quarterly tax returns, and other special projects as assigned. Qualifications include 2-3 years of payroll experience and knowledge of payroll tax regulations. Candidate must possess excellent organizational and time management skills. Attention to detail, good written and verbal communication, and strong customer service relations are necessary. Microsoft Office Suite experience required.
Send resume and cover letter to: firstname.lastname@example.org.
Don’t Fall Off This Cliff
September 27, 2013
By Darren Finn
Another cliff is looming for small businesses and it is not the one you might think. As we come to the close of 2013 and Washington still cannot determine what bills to pay and how to pay them, it appears that small business owners may pick up the tab in 2014. Several key tax provisions are set to expire at year-end that will have a significant impact on many companies’ cash flow. In no particular order:
- Expensing fixed asset additions will drop from $500,000 to $25,000 in 2014 (Sec. 179 expensing)
- Bonus depreciation of 50% of the cost for eligible new assets ends in 2013
- Research and Experimentation tax credit is to set to expire at the end of 2013
These tax laws have been important to small business owners during this recession as a means to increase cash flows and reduce federal taxes. With little more than three months to go until the year ends, and little to no action or attention from Congress, it once again appears that small business owners will be facing an uncertain business environment and a bigger tax bill.
What is to be done? Speaking with your elected representative is a good idea. Better yet, plan in advance and accelerate potential capital expenditures into 2013. Proactively work with your business advisor to get the most favorable classification and treatment for assets in your “construction in progress” account that will be placed in service in the future. Make sure your business is keeping timely records documenting your research and development activities to maximize potential tax credits in 2013 that can be carried forward. This will protect the value of these credits even if they cannot be used in the current year.
Some of these provisions may return in 2014, but it is increasingly difficult to get clarity into which laws may be revived, when, and in what form. With looming changes in health care and tax rates it is easy to overlook the impact of older laws expiring. Now is the time to prepare for 2014 by performing some year-end tax planning.
Please contact us if you have any questions.