News & Insights

Business owners operating in the state of Pennsylvania have historically been required to file a report with Department of State every 10 years.    However, beginning in 2025, most domestic and foreign…

Beginning in 2025, Pennsylvania non-profit corporations and other non-profits registered in Pennsylvania will now be required to file an annual report with the Pennsylvania Department of State.  In November…

Effective February 17, 2025, James R. (Jim) Haefele CPA, ABV, CVA, CFF, MAFF assumed the role of Leading Partner. This transition marks a new chapter in our firm’s ongoing commitment to excellence, innovation…

The Family Business Exchange: Expert Insights, Real Conversations, Lasting Impact Are you part of a family-owned business looking to connect with other like-minded entrepreneurs? Our monthly Virtual Mastermind…

Family businesses are built on trust, shared values, and a sense of legacy. However, these qualities can also create challenges when family members request to join the company, especially if they lack…

New Year, New Updates: Stay informed with the latest tax updates and strategies. Our team at Haefele Flanagan is here to help you navigate the changes and make informed decisions for 2025. BOI Reporting…

What can hold a family-business back? Unfortunately, it’s not uncommon to see even successful family-owned businesses struggle to grow. When working with our clients, both family and non-family-owned…

In 1999, the Government Accounting Standards Board (“GASB”) issued Statement No. 34, Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments. …

January 22, 2025: Haefele Flanagan is deeply saddened to announce the passing of its founder, Robert (Bob) Thomas Haefele, CPA. A visionary leader and a dedicated professional, Bob Haefele established…

Starting in 2025, the SECURE 2.0 Act allows eligible participants who are ages sixty to sixty-three to make “super-catch-up contributions” of up to the greater of: $10,000, or 150 percent of the regular…