Pennsylvania Business Networking

Time & Location

We meet every Tuesday from 7am until 8:31am at the Whitford Country Club
Click here for the map.
LeTip Chester County East met on Tuesday, September 16 at the Wyndham Garden Hotel in Exton, PA. Our showboater was Scott Brown, our heating and air conditioning contractor from James Brown Plumbing, Heating, and Air Conditioning (This email address is being protected from spambots. You need JavaScript enabled to view it.). He showed us a few programmable thermostats that can help make temperature control easier for your home or business. Contact Scott to find out which thermostat model is best for your needs.
 
Our speaker was our accountant, Dan Harris  from Bliss & Co. (This email address is being protected from spambots. You need JavaScript enabled to view it.).One of the advantages of doing business with an accountant at a firm like his is that someone is always available to speak with you in person, even if your personal accountant is busy. Also, after your tax return has been prepared, a second accountant will review the return to minimize the chance of errors. Dan recommends hiring a CPA, especially if you are a small business owner or an investor. He also shared with us some of the top ways to invite an audit:
1. Be super-wealthy.
2. Have a Swiss Bank Account or other offshore account.
3. Publicly protest income tax.
4. Have huge charitable contributions.
5. Omit reported income.
6. Show a large loss with your home-based business.
7. Use a sleazy tax preparer. (Side note: Dan is NOT sleazy!)
8. Use round numbers (ending in -00) for all deductions.
9. File your return late or never.
On the positive side, Dan recommends taking advantage of Flexible Spending Accounts for medical expenses, making sure you have health insurance, and pursuing energy credits. He, of course, can help you with any tax-related questions.

 

Random Member!

Matthew Simmers - Banker

Matthew Simmers - Key Bank
Multi Site Branch Manager, Vice President
Letip Member Since September 2015
Frazer Branch - 200 W Lancaster Ave, Frazer, Pa 19355
610.647.4063
Devon Branch - 414 Lancaster Ave, Devon, Pa 19333
610.293.8100
Key Bank
Contact Matthew

Matt Simmers has been in retail banking for over 14 years.  His banking niche is working with Small Business owners to finance their business, collect from their clients, and identify effective processes to help pay their customers, suppliers and employees through a wide range of business banking products.  

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Letip Creed

"LeTip is a professional organization of men and women dedicated to the highest standards of competence and service. Our purpose is the exchange of business Tips. Members will, at all times, maintain the highest professional integrity. Each business category is represented by one member and conflicts of interest are disallowed."