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RKL News

Posted on: February 15th, 2017

RKL Announces New Hire in Business Consulting Services Group

Ryan P. Hurst, ASA, Manager in RKL's Business Consulting Services GroupPRESS RELEASE

WYOMISSING, PA (February 15, 2017) – RKL LLP today announced the hiring of Ryan P. Hurst, ASA, as a Manager in its Business Consulting Services Group. Based in the firm’s Wyomissing office, Hurst will perform valuations and related consulting services for clients in a wide range of industries throughout RKL’s Central and Eastern Pennsylvania footprint.

Hurst’s expertise includes conducting valuations for gifting and estate planning purposes, employee stock ownership plans (ESOPs), business purchases and sales, buy/sell agreements, fair value accounting and GAAP reporting (ASC 805 and 350), litigation support for shareholder disputes and strategic alternatives analyses.

An Accredited Senior Appraiser (ASA), Hurst brings 13 years’ experience in valuation, investment banking and consulting to RKL, including several years at major investment banks and a top 25 public accounting firm. He serves on the Board of the Berks County Estate Planning Council, and is a member of the Estate Planning Council of Central Pennsylvania. Hurst is also a member of the ESOP Association and National Center for Employee Ownership (NCEO).

Hurst received his B.S. in Business Administration with a concentration in Accounting and Finance from Shippensburg University. He is a member of the Greater Reading Young Professionals and the Philadelphia chapter of the GF Network. Hurst is an avid runner, cyclist and Ironman triathlon finisher. He resides in Sinking Spring with his wife, Kristen, daughters, Sadie and Kallie, and dog, Joey.

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Posted on: December 12th, 2016

RKL’s 2016 Tax/A&A Seminar Offers Timely Regulatory and Economic Insights

Amidst significant upcoming regulatory changes and a shift in the political landscape, RKL provided timely updates and valuable insights to nearly 500 tax and accounting professionals and financial executives from across the region at the latest installment of its annual Tax and A&A seminar last week.

The full-day educational and networking event, held at the Lancaster County Convention Center on Tuesday, December 6, offered attendees to gain valuable continuing professional education credits and engage with RKL experts and regional business leaders.

This year’s agenda was packed with important guidance to help attendees prepare for major regulatory changes on the horizon like lease accounting, revenue recognition and government accounting standards. RKL tax experts also previewed the potential impact political changes in Washington D.C. could have on personal and business taxation. In a timely keynote address, noted political historian and commentator Dr. G. Terry Madonna examined the current presidential transition as well as the political dynamic in the nation and the Commonwealth.

Attendees enjoyed a variety of trivia and drawings throughout the day, with lucky winners taking home prizes ranging from local retail and restaurant gift cards to an Amazon Echo and a vacation voucher. Guests and RKL team members concluded the robust agenda with a cocktail reception that gave everyone a chance to toast the holiday season. The RKL team thanks all the presenters and attendees of the 2016 installment of one the most-anticipated educational and networking events in the region.

RKL team members and guests enjoy the breakfast networking session before the event gets underway.

RKL team members and guests enjoy the breakfast networking session before the event gets underway.

 

RKL CEO Ed Monborne kicks off the agenda with welcome remarks.

RKL CEO Ed Monborne kicks off the agenda with welcome remarks.

 

RKL Tax Partner Rob Gratalo offers insights into potential tax legislation in the post-election era.

RKL Tax Partner Rob Gratalo offers insights into potential tax legislation in the post-election era.

 

Attendees take in the Business Tax Update session presented by RKL Partner Tom Kauffman.

Attendees take in the Business Tax Update session presented by RKL Partner Tom Kauffman.

 

RKL’s State and Local Tax Practice Leader Jason Skrinak updates the audience on the latest state tax developments.

RKL’s State and Local Tax Practice Leader Jason Skrinak updates the audience on the latest state tax developments.

 

Dr. G. Terry Madonna’s keynote address examined the recent presidential election outcome.

Dr. G. Terry Madonna’s keynote address examined the recent presidential election outcome.

 

Audit Manager Nick Hoefel presents the latest on changes in lease accounting regulations.

Audit Manager Nick Hoefel presents the latest on changes in lease accounting regulations.

 

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Jill Gilbert, partner in RKL’s Audit Services Group, discusses upcoming changes to government accounting standards, including the accounting treatment of other post-employment benefits.

RKL Audit Partner Mark Zettlemoyer continues the government update with a focus on the Right to Know law and tax abatement disclosures.

RKL Audit Partner Mark Zettlemoyer continues the government update with a focus on the Right to Know law and tax abatement disclosures.

 

RKL Audit Partner Jim Pruzinsky, who also emceed the program, closes out the agenda with an update on revenue recognition.

RKL Audit Partner Jim Pruzinsky, who also emceed the program, closes out the agenda with an update on revenue recognition.

Posted on: November 9th, 2016

RKL Names Myers to Partnership

RKL LLP today announced that G. Scott Myers, CPA, CSEP, will be admitted to the firm’s partnership, effective January 1, 2017. PRESS RELEASE

YORK, PA (November 9, 2016) – RKL LLP today announced that G. Scott Myers, CPA, CSEP, will be admitted to the firm’s partnership, effective January 1, 2017.

“We are pleased to welcome Scott to the RKL partnership in recognition of the instrumental role he plays in RKL’s success and the consistently outstanding service he delivers to his clients,” said Edward W. Monborne, RKL CEO.

Currently a manager in RKL’s Tax Services Group, Myers provides individual and fiduciary tax services for high net worth individuals and their families. He also serves many closely held businesses in a wide variety of industries.

Myers is a member of the firm’s Real Estate Development & Construction Services Group, helping to develop strategies to better meet the needs of this industry, and is actively involved in RKL’s Estate and Trust Planning Group, aimed at staying on the cutting edge of issues affecting clients. He joined RKL in 2012, bringing with him more than 13 years of tax accounting experience. 

Myers is a 2011 graduate of the Leadership York program, a board member of the York County Estate Planning Council and a 2015 recipient of the Central Penn Business Journal’s “Forty Under 40” award.

He is an active participant in several community benefit organizations, including Big Brothers Big Sisters of York & Adams Counties and Leg Up Farm. Myers is a graduate of Lebanon Valley College and resides in York with his wife and three daughters.

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Posted on: November 1st, 2016

“Ask Ed: The Firm, the Team and the Future” Video

Today, our firm officially adopts the RKL LLP name. In the video below,  CEO Ed Monborne discusses the firm’s evolution, his pride in RKL’s dedicated, community-minded team and what to expect in our next chapter.

 

Ask Ed: The Firm, the Team and the Future from RKL on Vimeo.

Posted on: November 1st, 2016

Reinsel Kuntz Lesher Rebrands Under Streamlined “RKL”

Reflects the firm’s evolution from traditional CPA firm to professional services leader

Reinsel Kuntz Lesher Rebrands Under Streamlined “RKL”PRESS RELEASE

LANCASTER, PA (November 1, 2016) – Reinsel Kuntz Lesher LLP (RKL), Certified Public Accountants and Consultants, today announced that it has adopted the legal identity of RKL LLP, effective November 1, 2016. Already widely referenced and recognized as RKL in the marketplace, the firm formalized the RKL name as it continues to pursue geographic growth and diversification.

“The RKL brand represents the future of the firm. Over the years, the RKL name has become synonymous with innovation, outside-the-box thinking and cutting edge capabilities, and we plan to continue to build and expand that reputation through our entrepreneurial approach and instinct for emerging demand,” said RKL CEO Edward W. Monborne.

In the 11 years since the firm’s founding, the firm has earned regional and national recognition for its exceptional growth. Since 2005, RKL has doubled its workforce, achieved average annual growth in double digits, launched four specialized subsidiaries, expanded its presence coast-to-coast and earned national accolades from Accounting Today, Inside Public Accounting and other industry media.

“We are incredibly proud of our history and of the people who have made this firm who are today. I truly believe the best days for this firm are yet to come, and I look forward to working alongside our talented and dedicated team to write the next chapter in the firm’s history as RKL,” Monborne said.

The legal name change underscores the significant growth and innovation taking place at RKL. As the challenges facing its clients increase in complexity, RKL has strategically expanded its capabilities and expertise in areas like operational process improvement, transaction advisory services, software implementation and networking, state and local taxation and HR consulting.

Most recently, RKL positioned itself as a leading provider of risk management services for financial institutions, banks and credit unions in the Mid-Atlantic with its October 1 acquisition of Radnor, Pennsylvania-based GTM Risk Management, now known as RKL Risk Management. Focused on helping financial services organizations reduce risk, RKL Risk Management offers internal audit, compliance and information technology audit services, all of which complement RKL’s existing risk management practice.

The official name change to RKL LLP also brings the firm into consistency with its portfolio of four subsidiaries: RKL Wealth Management, an investment advisory firm; RKL eSolutions, an IT consulting firm; RKL Capital Advisors, an investment banking firm; and RKL Risk Management.

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Posted on: October 26th, 2016

RKL Firm Rebrand Video

Over the years, the RKL name has become synonymous with innovation, outside-the-box thinking and cutting edge capabilities. Officially rebranding to the RKL name represents that legacy of excellence, our current wave of innovation and the unlimited possibilities that await all of us.

Moving into the future united under the RKL name, we look forward to expanding that reputation through our entrepreneurial approach and instinct for emerging demand. We have a lot to celebrate at RKL, and the video below demonstrates how our collective values and qualities make a strong foundation for where we’re headed together.

RKL Firm Rebrand from RKL on Vimeo.

Posted on: October 12th, 2016

RKL Establishes New Risk Management Entity with Acquisition of GTM Risk Management

RKL has acquired Radnor-based GTM Risk Management, effective Oct. 1, which will operate under the new name RKL Risk Management LLC.Reinsel Kuntz Lesher LLP (RKL), Certified Public Accountants & Consultants, today announced the acquisition of Radnor, Pennsylvania-based GTM Risk Management, which will operate under the new name RKL Risk Management LLC. The transaction, effective October 1, 2016, positions the firm as a leading provider of risk management services for financial institutions, credit unions and businesses in the Mid-Atlantic.

Read the full press release here.

Posted on: September 30th, 2016

RKL Helps M&D Leaders Adapt to New Industrial Revolution

Business owners and financial executives from the manufacturing and distribution industry gathered at the DoubleTree in Reading on Thursday, September 22, 2016, for RKL’s second annual M&D Growth and Profitability Forum. The theme of the day-long educational event was “The NEW Industrial Revolution,” and attendees were presented with information, insights and strategies to thrive in the shifting landscape facing their industry.

RKL’s event was bookended with keynotes from two experts focused on the future of M&D: Anirban Basu, Chairman & Chief Executive Officer, Sage Policy Group, Inc., who provided an economic update tailored to the industry, and John McElligott, president of The Fortress Initative and CEO of York Exponential, who discussed how businesses can embrace disruptive and emerging technologies.

Throughout the day, RKL experts helmed breakout sessions on essential topics like operational and process improvement; workforce development and talent recruiting; lesser-known tax credits and incentives; cloud computing solutions; and risk and cyber security.

The unmatched expertise of RKL presenters, the innovative themes discussed during the keynotes and the valuable networking time with industry peers made this second installment of RKL’s premier regional event for M&D leaders a resounding success. Learn more about all the ways RKL is focused on the challenges and opportunities facing the manufacturing and distribution industry.

RKL's 2016 M&D Growth and Profitability Forum

Event participants enjoyed a networking breakfast to start the day.

RKL's 2016 M&D Growth and Profitability Forum

RKL Partner and Manufacturing & Distribution Industry Group Leader Steve Fisher kicks off the day with opening remarks.

RKL's 2016 M&D Growth and Profitability Forum

Economist Anirban Basu from Sage Policy Group, Inc. delivers an M&D-focused economic update, peppered with James Bond references.

 

RKL's 2016 M&D Growth and Profitability Forum

Attendees learn from RKL’s Business Consulting Services Group Manager Bob Pozesky how to accelerate growth using lean management principles.

 

RKL's 2016 M&D Growth and Profitability Forum

RKL Business Consulting Services Group Partner Bethany Novis, in conjunction with George Werner, Partner with Barley Snyder, offers attendees an overview of risk, laws and policies related to information security.

 

RKL's 2016 M&D Growth and Profitability Forum

RKL State and Local Tax Practice Leader Jason Skrinak helps attendees understand state and local tax credits they may be leaving on the table.

 

RKL's 2016 M&D Growth and Profitability Forum

Walt Goodfield, VP of Sales and Marketing for RKL eSolutions, discusses how cloud solutions provide faster time to value.

Posted on: September 26th, 2016

RKL Announces Promotions

RKL announces 2016 manager-level promotionsPRESS RELEASE

LANCASTER, PA (September 26, 2016) – Reinsel Kuntz Lesher LLP (RKL), Certified Public Accountants and Consultants, today announced two promotions in its Lancaster office, effective September 1, 2016:

David W. Achey, CPA, MST, Tax Services Group, promoted to Manager: Achey specializes in business tax services including combined reporting, multistate and international issues, as well as accounting for income taxes. He has extensive experience working with small and medium-sized businesses as well as multinational companies, serving clients in industries ranging from industrial manufacturing and transportation to consumer electronics and pharmaceuticals. Achey holds a B.S. in Accounting from Elizabethtown College and received an M.S. in Taxation from Villanova University. He resides in Manheim with his wife and their two sons.

Lindsey R. Marchant, CPA, Senior Living Services Consulting Group, promoted to Manager: Marchant provides interim finance department assistance, cost report preparation, due diligence services, financial feasibility studies, reimbursement support and audit services for clients. She has more than six years of experience serving the financially oriented needs of long term care providers. Marchant holds a B.S. in Accounting from Pennsylvania State University, and she resides in Mount Joy with her husband.

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Posted on: September 19th, 2016

RKL Appoints New Tax Department Head in Lancaster Office

Wendy L. Lance, CPA, MST, RKL Tax PartnerPRESS RELEASE

LANCASTER, PA (September 19, 2016) – Reinsel Kuntz Lesher LLP (RKL), Certified Public Accountants and Consultants, today announced that Wendy L. Lance, CPA, MST, has been named Department Head of the Tax Services Group in the firm’s Lancaster Office, effective September 16, 2016.

Lance takes over as Lancaster Tax Department Head from Eric R. Wenger, CPA, MST, who was recently named Managing Partner of the Lancaster Office. As Department Head, Lance will oversee administrative, personnel and financial matters for the tax department in the Lancaster Office. She will work closely with firmwide tax leadership to ensure consistency and cohesion in client service across the tax practice.

Lance will continue to provide and manage strategic tax planning and compliance services for corporations, partnerships and individuals.

A Certified Public Accountant in both Pennsylvania and Ohio, Lance regularly presents seminars on various tax-related topics. She is a graduate of Leadership Lancaster.

Lance holds a B.S. in Accounting from the University of Richmond and received her M.S. in Taxation from Villanova University. She lives in Lititz with her husband and their four children.

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