PKS & Company, P.A.

We are pleased to announce the promotion of Danielle C. White to Senior Accountant. She is a graduate of Wilmington University with a B.S. in Accounting and Finance, and a Minor in Human Resource Management. Danielle joined the firm in 2021 and specializes in client accounting services, payroll tax, QuickBooks Desktop, QuickBooks Online, and individual and small business taxes.  Outside of work she spends many nights and weekends watching her son play competitive league football and enjoys cooking and traveling. Danielle is originally from Newport News, VA and has called Salisbury home for the last 7 years.

PKS & Company, P.A. is pleased to announce the promotion of Lindsey E. Keen, CPA, CFE, to the level of Manager. This position requires that the employee demonstrate the ability to oversee accounting projects, supervise other staff, and develop new client relationships. Additionally, the employee must have thorough training and experience, and become an expert at some specialized area of accounting. In her 7th year with PKS, Lindsey specializes in financial statement audits of small to medium size businesses, governments, and not-for-profit organizations. Lindsey is licensed to practice in Maryland and is a member of the American Institute of Certified Public Accountants and Association of Certified Fraud Examiners. A graduate of McDaniel College, Lindsey has a Bachelor of Arts Degree in Business Administration and Accounting Economics with concentrations in Finance, Entrepreneurship, Leadership and Management. Outside of work Lindsey enjoys reading, cooking, hiking, and spending time with her dog Sadie as well as friends and family. Lindsey lives in Salisbury and works in the firm’s Salisbury office. Please join us in congratulating Lindsey!

The tax-advantaged retirement plan contribution amounts will increase less next year than in previous years due to easing inflation. However, many will still go up slightly. Find out how much you can contribute to 401(k)s, SEP plans, IRAs and more. https://bit.ly/3Bw0HwL

We are pleased to announce the promotion of Allison J. Shumate to Supervisor. She is a graduate of Salisbury University with a Bachelor of Science degree in Accounting. Alli joined the firm in 2021 and specializes in personal, corporate and not-for-profit tax planning and preparation. Her growing knowledge of tax compliance and planning enables her to serve and collaborate with our clients in a variety of industries. She is licensed to practice in Maryland and is a member of the American Institute of Certified Public Accountants and the Maryland Association of Certified Public Accountants. Outside of work Alli enjoys birding and spending time outdoors, reading, and traveling. She lives in Bishopville and works in our Ocean City office.

This holiday season, give yourself the gift of financial peace of mind! The holiday season is all about balance—whether it’s savoring your favorite treats or managing the holiday hustle. Similarly, understanding your risk tolerance is about finding balance for your finances. Too much risk can leave you feeling uneasy, and too little may mean missed opportunities. Just like you choose your favorite holiday treats based on your tastes, your investment strategy should align with your risk tolerance. Knowing your comfort level helps you create a financial plan that’s both rewarding and secure. Celebrate the season with smart financial choices and build a solid foundation for the year ahead!

Now is an ideal time to examine your financial health and update your 2025 financial plans. Learn about the latest tax issues, an overview of recent legislation, and year-end planning opportunities by using the link below to watch a full recording of our Year-End Planning & Tax Update Webinar hosted by PKS earlier this month. https://bit.ly/4fOk9DK Keep in mind that this resource is intended to provide broad suggestions only. There is no substitute for the guidance of an advisor who keeps your specific needs in mind.

Delaware Paid Family & Medical Leave begins January 1, 2025 - is your business ready? Covered employers (those with 10+ Delaware-based employees) must register for LaborFirst, the state’s system for managing Delaware Paid Leave. Registration is open now and must be completed by January 1, 2025. Employers who want to a private plan exemption can do so through the LaborFirst portal. Review additional Program details, important dates, and additional resources on our website. https://bit.ly/4i9QAym

Honoring everyone who has served our country, and the families who love and support them. Thank you for your service.

Changes are coming to the Social Security system in 2025 in the form of a higher wage base. Next year’s threshold amount was recently announced by the Social Security Administration. Here’s the amount, along with what it means for your business. https://bit.ly/4evkudr

Join us for a timely webinar led by Douglas W. McCabe, CPA, Esq., Emilee N. Snader, CPA, and Gigi G. LeKites, CFP®, CRPC®, on the latest tax issues, an overview of recent legislation, and year-end planning opportunities. Participation is free and is open to both PKS clients and non-clients. Register today! https://bit.ly/3C6XdRy