Lewis & Knopf Director Speaks to Local Organizations
In January, Thomas Lillie, CPA, Director at Lewis & Knopf, was invited to give presentations to local member groups. Tom maintains active involvement in several community organizations and strives to positively impact the community in which he lives and works. “I am honored to have been asked to speak on these valuable topics,” said Tom….
Lewis & Knopf Welcomes New Staff Accountant
Lewis & Knopf, CPA, P.C. is pleased to welcome Carl Harahuc to their professional staff. Harahuc joined the firm in 2022 as staff accountant. “It is my pleasure to officially welcome Carl to the team,” said Greg Waller, CPA, CGMA, Managing Principal of Lewis & Knopf. “He has been a wonderful addition to our professional…
Lewis & Knopf Welcomes New Intern and Staff
Lewis & Knopf, CPA, P.C. is pleased to announce the addition of an intern and two new staff members to the firm. Jessica Lamoreaux joins the firm as a tax intern, and both Jessica Myers and Shreemoyee “Shree” Maitra join the team as staff accountants. “It is always exciting to welcome new interns and staff…
Lewis & Knopf Welcomes New Staff
Lewis & Knopf, CPA, P.C. is pleased to announce the addition of three new staff members to the firm. Sydney Champine and Angie Holbrook join the firm’s administrative staff as an administrative assistant and the Director of First Impressions, respectively. Trevor Smith joins the firm’s professional staff as an accounting associate. “I am happy to…
Lewis & Knopf Announces New Promotions
Lewis & Knopf, CPA, P.C. is pleased to announce the promotions of Ashish Kapoor, CPA, Kenneth W. Rappuhn, II, CPA, and Brittan Sepanak. All three professionals are taking on new responsibilities as managers. Kapoor joined the Lewis & Knopf team in 2020, and prior to his promotion served as a senior staff accountant in the…
S Corporations Reasonable Compensation Requirement
Unlike a C corporation, which itself pays the tax on its taxable income, an S corporation does not directly pay taxes on its income; instead, its income, losses, deductions, and credits flow through to its shareholders’ individual tax returns on a pro rata basis. These distributions are not subject to self-employment (Social Security and Medicare)…
Local Accounting Firm Announces New Promotions
Lewis & Knopf, CPA, P.C. is pleased to announce the promotions of Michael Krampe, CPA, and Allen Gamble, CPA. Krampe, who previously served as a manager, steps into the new role of principal. He has been with the firm since 2015, serving clients in a variety of industries including farming, medical, construction, retail and real…
Are You Using QuickBooks’ Custom Fields? Should You Be?
One of the reasons that QuickBooks is so popular is that it can be used by a wide variety of business types, from pet stores to landscaping companies to coffee shops. Many companies are satisfied with the software as is and don’t need to make any modifications. But have you ever needed to include more…