Amanda Spengler

Staff Accountant

Amanda first joined Canon Capital in January 2013 and we are pleased to welcome her back to our team as of August 2022. Amanda’s previous career milestones include working as  a Financial Controller for African Bible Colleges in Malawi, Africa. She received her BA in Business from Covenant College.  Amanda resides in Palm with her husband and four children.  In her free time, Amanda enjoys volleyball, biking, traveling, and spending time with her family.

We take the hassle out of payroll

We provide unparalleled support and personal service. Our reputation for providing accurate, on-time payroll makes us different from the competition We customize our services to match your company’s individual needs to serve any size group or program.

We offer competitive prices and responsive service.   Our competitive fees keep your payroll costs down while our in-house expertise adds value to the payroll process. With the support of our Certified Public Accounting and Technologies departments, Canon Capital can answer your questions quickly and be responsive to your special needs.

We eliminate the pain of in-house payroll processing. By providing services not always available with other payroll groups, such as withholding and reporting local and LST taxes, Canon Capital takes the effort out of payroll. From the simple conversion and start-up through comprehensive, easy-to-read reporting, our payroll services save you time, money and stress.

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Canon Capital Management Group Names Chuck Porter, Jr., Co-Director of Wealth Management

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.”

Porter is an Accredited Investment Fiduciary who earned a degree in Economics with an emphasis in Personal Financial Service from Widener University.  Porter has also earned a Certificate in Financial Management for the Family Office from Pepperdine University’s Graziadio School of Business and Management.

“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.”

Welcome the Newest Members of the Canon Capital Management Group Team

Please welcome Andrew Stein and Cherie Strozzieri, who have joined the Canon Capital Management Group team within the last few months.

Andrew SteinAndrew 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.

Cherie Strozzieri

Outsourced Accounting and Advisory Service Specialist

Cherie began working at Canon Capital in 2023, bringing over 30 years of experience in corporate, non-profit, and private-sector accounting services. She has specialized in outsourced accounting services and automated accounting integrations for more than 10 years. Cherie earned her BS in Business Administration from Albright College and is currently working to obtain her license as a Certified Accounting Paraprofessional. She is also a Certified QuickBooks Pro Advisor. When not working, she enjoys spending time with family and friends and volunteering time to various philanthropic endeavors.

Free Technology Review

We will perform a free Technology Review for your business! This service is performed at your location, and includes over 40 inspection points on your computer systems, peripherals and software.  We will inspect items such as:

  • Your network file server – condition, capacity, strengths, weaknesses
  • Network infrastructure (cabling, connectors, hubs, switches, etc)
  • Data loss protection – backups, tape rotations, etc.
  • Virus protection
  • Internet connectivity, speed, reliability
  • Peripherals (printers, modems, scanners, etc.)
  • Software – applications that make you efficient and help you to run your business
  • Workstations – we will inspect several of your Windows based workstations

Upon completion of the on site Technology Review our analysts will evaluate your information back at our office.  We will then provide you with a professional document which outlines your current systems and software, areas of strength, and areas that need improvement WITH specific suggestions for increasing efficiency and profitability.

Please call Kent Gerhart at 215-723-4881 x131 to arrange for your free Technology Review today.

Margaret McCarthy Earns Chartered Retirement Plans Specialist Designation

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.

What’s New in 2024: IRS Mileage, Minimum Wage, and W4s

Welcome to 2024. Let’s look at what’s new for IRS mileage rates, your form W4, and the minimum wage.

IRS Mileage Updates for 2024

The IRS issued new standard mileage rates taking effect starting January 1, 2024:

  • 67 cents for every mile driven for business use (an increase of 1.5 cents from 2023)
  • 21 cents for every mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces (a one-cent decrease from 2023)
  • 14 cents for every mile driven in service of charitable organizations (rate is unchanged from 2023)

Avoid the guessing game and consider using an app like MileIQ to keep track of your mileage throughout the year.

Check Your W4

It’s always a good idea to start each new year with a Paycheck Check-up to make sure your withholdings are set at the appropriate level. Doing so will help avoid any unpleasant surprises at tax time. Download the 2024 form W4 here.

Minimum Wage Updates for People Employed in New Jersey and Delaware

The minimum wage for qualifying employees in New Jersey will increase from $14.13 to $15.13 per hour. Consult this resource from the New Jersey Department of Labor for further information.

The minimum hourly wage in Delaware continues its incremental increase, with the 2024 amount increasing from $11.75 to $13.25, with continued exemptions for employees working in the following areas:

  • Agriculture
  • Domestic service in private households
  • United States Government employees
  • Sales personnel receiving outside commission
  • Executives, Administrators, and Professionals
  • Employees in fishing and fish processing (while at sea)
  • Volunteer workers for educational, religious, or non-profit organizations
  • Junior Camp Counselors working for non-profit summer camps
  • Inmates in Department of Correction work programs

The protocol for tipped employees also remains as follows:

The minimum cash wage payable to employees who receive tips is $2.23 per hour. Tips may not be taken or retained by an employer except as required by law. Tip pooling is permitted (under certain circumstances) in an amount not to exceed 15% of the actual tips received by the employee.”

We’re Here to Help

If you have any questions about these updates or any other payroll or accounting matter, please don’t hesitate to call 215-723-4881 or contact us online.

J. George Sweeney

Shareholder & Director

George is a Shareholder and Director and is also a Founding Member of Canon Capital.  He received his Associates in Science in 1972 from Montgomery County Community College and his Bachelor of Science in Business Administration in 1974 from LaSalle College.  George has been a member of the Pennsylvania Institute of Certified Public Accountants and the American Institute of Certified Public Accountants since 1980.  George is a member of the Board of Directors and the Secretary for the Philadelphia Freedom Valley YMCA, an Advisory Board member of the Upper Perkiomen Valley YMCA, a Charter Member of the Upper Perkiomen Valley YMCA, and a Finance Committee member of the Upper Perkiomen Valley Chamber of Commerce.  He resides in Perkiomenville with his wife and has two children.  He enjoys running and swimming for fitness and spending time with his family.