Marissa joined Canon Capital Wealth Management in December 2018. She brings a background in financial services and technology, having served previously as a client and advisor support professional at an investment, insurance, and financial services firm. In addition to earning a Bachelor of Arts in English with a minor in Business Administration from Millersville University of Pennsylvania and an Associate of Science degree in Liberal Studies from Montgomery County Community College, Marissa also holds various security and insurance licenses. A native of the Harleysville and Souderton region, she now lives in Lancaster, Pennsylvania with her husband, William. Marissa is an avid arts and culture fan and regularly attends performances at the Fulton Theater and sets the goal of seeing a Broadway show at least once each year. Marissa’s work with us is based out of The Candy Factory, a co-working office space in historic downtown Lancaster.
Intuit has recently announced the eventual phasing out of the desktop versions of its QuickBooks accounting software. After July 31, 2024, Intuit will no longer issue new subscriptions to these QuickBooks Desktop products:
QuickBooks Desktop Pro Plus
QuickBooks Desktop Premier Plus
QuickBooks Desktop Mac Plus
QuickBooks Desktop Enhanced Payroll
Existing users of these products can continue renewing their subscriptions and will receive support and security updates after July 31, 2024. The final sunset date has not yet been shared by Intuit.
Why move to QuickBooks Online now?
We recommend you make the move to QuickBooks Online sooner rather than continuing with your Desktop version. The advantages of working in cloud-based accounting software outweigh the learning curve.
Increased efficiency
With available online automated accounting services, the information in QuickBooks Online is timely, accurate, and always at hand. From an accounting perspective, this gives you more time to work on your business and allows your CPA to be involved at a higher level to provide guidance as needed.
Increased protection
Using the online version of QuickBooks gives you greater protection from these cyber threats:
Data breaches: older software has inadequate safeguards to detect malicious behavior.
Fines and denied insurance claims: Cyber Insurance onboarding questionnaires will ask if you are running any software that would be considered “end of support.” Likewise, government compliance standards all require affirming a statement that you are not running any end-of-life or end-of-support software.
Extended downtime: due to lack of vendor support as well as data breach or corruption
A cloud-hosted application like QuickBooks Online will avoid these risks, providing:
New features and security enhancements
Typically have a 99.8% uptime guarantee
Known and consistent costs for budgeting purposes
Hardware requirements are minimal.
Changes that are spread out over time.
Added Benefits
Making the transition from QuickBooks Desktop to QuickBooks Online is a seamless process. After creating the QuickBooks Online account, your most recent desktop data file would be migrated to the new platform. This process will take approximately 24 hours. It may take more or less time, depending on the size of the file being migrated.
After that, you can start enjoying the benefits of using cloud-based software:
Secured Storage that Remains Compliant
Access From Anywhere
Faster Processing
Centralized Tasks
Real Time Transactions
Integration
Access to mobile apps for mileage, expenses, etc.
Where do we go from here?
If you’d like to learn more about using QuickBooks Online, our recent webinar provides greater detail in preparing for this change. We recommend viewing the webinar in its entirety.
One source, many services, the right decision.
If you have questions about next steps or if we can be of service, please contact us online or call 215-723-4881.
We proudly announce the promotion of Chuck Porter, Jr., to Co-Director of Wealth Management.
Chuck joined Canon Capital in 2006 and has been working as a Senior Investment Advisor. In 2018, he was admitted to the company as a shareholder.
Chuck will serve alongside Co-Director Patricia Webb in developing strategic initiatives, guiding the delivery of exceptional client service, and fostering continued growth for the Wealth Management unit.
“We couldn’t be more thrilled to welcome Chuck into this new, well-deserved role,” said Webb. “With his exceptional expertise and unwavering commitment to our clients, I am confident that his passion for our company’s success will bring new dimensions to our team and further elevate our standards.”
“As I step into this new role, I’m deeply committed to ensuring that our firm is positioned not only for growth but for sustained success over the long haul. I could not have reached this milestone without the unwavering support and dedication of our remarkable team of advisors and support staff. Together, we are poised to achieve great things, and I’m excited to continue serving you with the same level of commitment and care,” said Porter. “I also want to assure my clients that this promotion doesn’t equate to a change of advisor for them. I remain dedicated to serving in an advisory capacity, just as before.”
Daniel joined Canon Capital as a Staff Accountant in November 2022. A graduate of Temple University with a Bachelor of Business and Marketing, he began his accounting career in tax preparation and is pursuing his CPA. Outside of work, Daniel leads worship at Renew Community Church and spends his free time playing guitar, practicing martial arts, and snowboarding. The kitchen of his Quakertown home is the place to be thanks to the scent of the sourdough bread he bakes from scratch.
Vicki joined Canon Capital in August, 1999 and is responsible for overseeing the daily operations of Payroll Services. Vicki has an Associate’s Degree in Accounting from Montgomery County Community College and has earned the Certified Payroll Professional designation. She is a member of the national American Payroll Association as well the Lehigh Valley Chapter, where she served as Secretary from 2006-2013. Vicki resides in Sassamansville with her husband and son and enjoys crafts, reading, and kayaking in her free time.
Please welcome Andrew Stein and Cherie Strozzieri, who have joined the Canon Capital Management Group team within the last few months.
Andrew Stein’s financial services industry expertise is demonstrated in his advisory role with clients regarding their investments and planning, ranging from asset growth to retirement income planning. Mentoring is a priority for Andrew, who spends his time outside of work helping to facilitate local sports camps with the Fellowship of Christian Athletes.
Cherie Strozzieri brings extensive experience in corporate, non-profit, and private sector accounting services. She is also a Certified QuickBooks Pro Advisor. In her spare time, she enjoys spending time with family and friends as well as volunteering time to various philanthropic endeavors.
Learn more about our team and how they can be of service to you.
Please join us in congratulating Margaret McCarthy, Client Relationship Associate at Canon Capital Investment Advisory, on earning the Chartered Retirement Plans SpecialistSM (CRPS®) designation.
This designation, awarded by the College for Financial Planning, demonstrates McCarthy’s expertise in retirement plan design, installation, and maintenance for businesses, non-profit organizations, and government entities of all sizes.
Her continued commitment to excellence will undoubtedly benefit our clients as they work toward their retirement goals.
For more information about the CRPS® designation and its significance, please visit the College for Financial Planning’s website.
For inquiries about or assistance with retirement planning, feel free to contact us online or call 215-723-4881.
