Burke CPAs & Advisors, a leading regional accounting and advisory firm founded in 1984, is pleased to announce the completion of its merger with Schwartzel & Co. LLC, a respected CPA firm based in Richmond, Indiana. Founded in 2008 by Frank Schwartzel, Schwartzel & Co. has earned a strong reputation for providing high-quality accounting, tax, […]
PCI Compliance: What it means for your Business
What Is PCI Compliance? The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards developed by the major credit card companies (Visa, Mastercard, Discover, and American Express) and governed by the PCI Security Standards Council (PCI SSC). The goal is simple: ensure that all companies that process, store, or transmit […]
401(k) Auto-Enrollment: Turning compliance into a competitive edge
Starting in 2025, most new 401(k) plans will have a built-in feature: auto-enrollment. Thanks to the SECURE 2.0 Act, if you’re launching a retirement plan for your business, you’ll likely need to automatically enroll eligible employees, whether they ask for it or not. The goal is simple: help more people save for retirement. However, this […]
Major Tax Bill Passed: What It Means for You
For Individuals: Key Provisions and Impacts of the Tax Bill 1. Permanent Individual Tax Rate Reductions The tax bill makes permanent the individual tax rate cuts originally enacted under the 2017 Tax Cuts and Jobs Act (TCJA). All tax brackets continue to be indexed for inflation. 2. Standard Deduction Increases Effective as of January 1, […]
Mastering Your Money: 7 Budgeting Tips from a Professional Bookkeeper
As a bookkeeper at an accounting firm, I’ve seen firsthand how a well-structured budget can transform financial outcomes—and how chaotic things can become without one. Whether managing your finances or guiding your business toward growth, a solid budgeting strategy can be the cornerstone of success. Here are the budgeting tips I regularly share with clients […]
Countdown to College
“For many people, college sets the stage for life. Making sure your children have options when it comes to choosing a university can help shape their future. Work with them today to make goals and develop habits that will help ensure their success.” As a parent, you of course want to give your child the […]
Is It Time – When to Exit Your Business?
Have you been thinking about sitting on a beach in Cabo, or playing golf at Whistling Straits, or spending more time with family. Maybe all three. You invested substantial financial resources, including time away from your family building your business. Is it time to take that next step? Is it time to EXIT? Your family-owned […]
Client Success Story: VSWC Architects
VSWC Architects Inc. is an industry-leading design firm specializing in architecture, master planning and interior design for a variety of public and private sector clients. With a 70-year history, they have successfully created hundreds of client relationships and have maintained an increasingly enviable project portfolio. Their clients include Coney Island, Community First Solutions, Hocking College, […]
Secure 2.0 Act of 2022 Key Takeaways
The SECURE 2.0 Act of 2022 was signed into law on December 29, 2022. The law builds on and expands the SECURE Act of 2019 and it expands coverage, increases retirement savings and simplifies retirement plan rules. Some of the key provisions of the Act include: EFFECTIVE DATE DECEMBER 29, 2022 Optional Treatment of Employer […]
Client Success Story
Rick and Lilah Reichley, owners of Rallar Enterprises, Inc., exemplify entrepreneurs hard work and dedication. They are owners of four Hallmark Gold Crown stores serving the greater Cincinnati / Dayton area, for over 20 years. With locations in Liberty Township, Fairfield, Centerville and Beavercreek, Reichley’s Hallmarks are conveniently located to serve you for any of […]