MACPA, others object to onerous DOL proposal

Posted By: Edith Orenstein on October 01, 2015 in Legislative / Regulatory
The MACPA and other professional associations recently filed comment letters objecting to an onerous proposal released by the U.S. Department of Labor, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees (the proposal), which proposes a significant increase in the salary threshold below which employees are deemed "non-exempt" and entitled to overtime pay. The proposal would amend the provisions of the Fair Labor Standards Act...

Still inspired by 'Women to Watch'

Posted By: Jackie Brown on October 01, 2015 in Leadership / Management
Women to Watch award-winners pose with past MACPA Chair Kimberly Ellison-Taylor and current chair Michael Manspeaker. Top photo: Emerging Leaders Jennifer Milas and Michelle Chopper. Bottom photo: Experienced Leaders Jennifer Elder and Dr. Jan Williams. Have you ever been to an awards program and find that you’re still inspired a week later? When you gather Maryland’s most accomplished CPAs and leaders in one room for a few hours of insights and applause, that’s what...

Five MACPA members among Accounting Today's '100 Most Influential'

MACPA members account for only about 1 percent of CPAs worldwide, but their influence is far greater. Each year, Accounting Today publishes its list of the 100 most influential people in accounting. This year, five exceptional MACPA members made the cut. Lyle Benson is president and founder of L.K. Benson & Company. An MACPA member since his licensure in 1982, Lyle has served the MACPA and the AICPA for several years. After serving on the MACPA Personal Financial Planning Committee for many...

MACPA's Leadership Academy Grows Future Leaders of CPA Profession

Posted By: Tom Hood on September 07, 2015 in Leadership / Management&Organizational Development
MACPA held our fifth Leadership Academy on August 26-28, 2015 in Towson. Pictured at left is Leadership Academy particpants at our MACPA/BLI Offices with their book picks from our library. They were treated to a special reception with our current Chair of the Board, Michael Manspeaker, a partner in the firm of Smith, Elliott and Kearns and the soon to be Chair-elect of the American Insitute of CPAs, and past-chair of MACPA, Kimberly Ellison-Taylorand currently the Executive Director of Oracle's Global...

5 criteria to be the right kind of practice in today’s market

Posted By: Ira Rosenbloom on September 02, 2015 in Business Strategy&Leadership / Management
Today, much like in the past, being appealing to the right kind of clients and staff is vital to the continued success of an accounting practice. However, the elements that will foster your appeal and heighten it continue to change and will further evolve, as they have in the past. To be effective today and in the near term, here are five hot buttons to be paying attention to: 1. Upgrade engagement profitability: The better your margins, the more you will be able to reward yourself, your staff and...