GWCPA

Fall is in the air, the temps are mellowing out and the leaves are starting to play peek a boo with us! 🍂 I love this time of year. Autumn is the perfect metaphor for change, new beginnings, the chance to shed the old ways and await the new ones. 🍁 Have you been seeing any signs of autumn around you? This was taken by me outside the office, where we get a stellar view of the changing leaves! Have a wonderful weekend everyone, and enjoy the beautiful weather we have coming!

🌱 Evolving with Purpose: Family Offices in the Modern Age 🌱 Today's family offices aren’t just about wealth management—they’re strategic hubs focused on legacy, innovation, and resilience. As new generations take the reins, there's a shift towards sustainable investing, digital transformation, and diversifying into emerging markets. By embracing change, these offices ensure longevity beyond the "third-gen curse." Family offices are now more adaptive, prioritizing values that reflect a modern approach to stewardship. 💡 #FamilyBusiness #LegacyBuilding #FutureReady #FamilyOfficeEvolution https://lnkd.in/eXbGcEQk

Women deserve a seat at the financial decision-making table, from managing family budgets to succession planning. 🌟 By embracing financial education, building strong networks, and partnering with professional advisors, women can empower themselves to lead their family's financial future. Let's close the gap and ensure our voices are heard in every financial decision. 💪 #WomenInFinance #SuccessionPlanning #FinancialEmpowerment https://lnkd.in/eNhc78nD

We are so proud of Samantha Bowling, CPA CFE CGMA. This is HUGE news for not only us but for small businesses everywhere! Having a powerhouse like her behind the helm, watch change happen! Congratulations Samantha! 🎉

Family businesses face unique challenges during generational transitions. In Sonoma and Napa, some are finding creative ways to preserve their legacy, like Pedroncelli Winery, which thrives by staying true to family values. Others, like Wm Cofield Cheesemakers, are exploring worker ownership as a way to embrace change. It's all about balancing tradition and innovation to keep the business alive for future generations. This is why succession planning is so important! Check out the full story here and let it inspire you to think about your own plan of succession! https://lnkd.in/dEgBeSRd

"I am woman phenomenally. Phenomenal woman, that's me." - Maya Angelou 🌹 Phenomenal indeed! GWCPA had the immense honor of participating in the annual Maryland Association of CPAs (MACPA) 2024 Women to Watch Awards, their 10th one to date to celebrate powerful inspiring women who were honored and recognized yesterday. While these are only a fraction of the photos taken, they encapsulate the glowing vibe of the ceremony that took place at Maryland Live Casino in Hanover. 🎉 30 honorees, all incredible women in their own right took the stage to be presented with accolades of their accomplishments and recognition of what they bring to the table, both in their professional and personal lives. Headed by the charismatic and vivacious Kimberly N. Ellison-Taylor, the ceremony aims to shine a spotlight on women in the challenging world of accounting and to celebrate their navigational journeys in the face of adversity. Our partner Samantha Bowling, CPA CFE CGMA took the stage alongside other women who have excelled in their field to give advice on what it means to be a leader, how to balance work and home life, and what to do when you are stuck in a place that does not value you or your time. We found the whole experience to be enlightening, enriching and above all, inspiring. ✨ Congratulations to all the honorees and this year's winners of the prestigious award, it was well deserved and worthy of recognition! We can't wait until next year to see more empowerment from women who surely deserve it. 🌼 #Accounting #powerfulwomen #womenbusinessleaders #cpa #empowerment

Do you happen to be in the Prince Frederick area (such as we are) and in need of local produce? 🥕 🌽 🍅 Looking for a sweet local treat, like honey, baked goods or a refreshing fruit drink? 🍯 🍪 Want to stock up on fresh meats and eggs? 🍖 🥚 Look no further than the Calvert County Farmers Market! Located at Calvert Health Hospital, this farm fresh and friendly market displays wholesome goodies for all! (We are located so close to the hospital, we should go try it out ourselves!) 🤔 📍 It is located at CalvertHealth, 130 Hospital Road in the back parking lot in Prince Frederick and the market operates every Tuesday from April 30th to November 26th, 2:30-6:30 PM. Support local farmers and businesses and get some delicious treats in the process! Win win! #shoplocal #farmersmarket #localbusiness #locallyowned #locallymade #smallshop

🚨 Big News from the Federal Reserve! 🚨 The Fed just slashed interest rates for the first time since 2020, cutting by 0.5%! 📉 This move means lower borrowing costs for mortgages, credit cards, and more, marking a key step in their inflation fight. Fed Chair Powell remains committed to staying ahead of the curve. 📊 What does this mean for you? 💡 Keep an eye on rates, markets, and how this might impact your finances! 💲 Click the link below for more information. https://lnkd.in/ga5QdNJ3 #FinanceNews #InterestRates #Economy #FedDecision #Inflation

Artificial Intelligence (AI) is projected to contribute nearly $20 trillion to the global economy by 2030, driving a 3.5% boost in global GDP! 😱 Business spending on AI will generate significant economic impacts across industries like accounting, contact centers, and translation services. While automation may reshape some jobs, new roles like AI ethics specialists are emerging. 🤖 The focus is on AI augmenting human work, with tasks requiring emotional intelligence remaining secure! 💁♀️ For more details, visit https://lnkd.in/exf2Qu7G

The IRS and Treasury have issued guidance on the Alternative Fuel Vehicle Refueling Property Credit. This credit, amended by the Inflation Reduction Act, provides up to 30% back on refueling property costs, with caps of $1,000 for non-depreciable property and $100,000 for depreciable items. The guidance also explains how to qualify in eligible census tracts, how to calculate the credit, and more. For businesses and individuals looking to take advantage, check out the latest details below. https://lnkd.in/gQY7gWx6