To Souderton Office

From Quakertown area (Routes 309 & 663):

  • Follow Route 309 South/South West End Boulevard
  • Take PA-113 Exit toward Souderton
  • Turn right onto PA-113 South
  • Continue to follow Route PA-113 South for .8 miles
  • Turn right onto North Main Street
  • Continue to follow North Main Street for .5 miles
  • Turn right onto Summit Street
  • Turn right into parking lot

From PA Turnpike-Lansdale Exit:

  • Turn left onto Route 63 East/Sumneytown Pike
  • Turn left onto Route 63 East/Forty Foot Road
  • Continue to follow Forty Foot Road for 1.3 miles
  • Turn left onto Allentown Road
  • Continue on Allentown Road for .9 miles
  • Take 3rd right onto Derstine Road
  • Continue on Derstine Road for 1.7 miles
  • Turn left onto Cowpath Road
  • Continue on Cowpath Road for 1.3 miles
  • Turn right onto West Broad Street
  • Continue on West Broad Street for 1.1 miles
  • Turn left onto North Main Street
  • Continue to follow North Main Street for .5 miles
  • Turn right onto Summit Street
  • Turn right into parking lot

From Collegeville area (Routes 113 & 29):

  • Follow Route 113 North for 11.5 miles
  • Make slight right onto North Main Street
  • Turn left onto Summit Street
  • Turn right into parking lot

From Montgomeryville (Five-points intersection):

  • Follow Route 309 North for 6 miles
  • Take PA-113 Exit toward Souderton
  • Turn left onto PA-113 South
  • Continue to follow Route PA-113 South for .8 miles
  • Turn right onto North Main Street
  • Continue to follow North Main Street for .5 miles
  • Turn right onto Summit Street
  • Turn right into parking lot

Ashley Hillman

Payroll Administrative Support

Ashley joined our Payroll team in December 2019, where she provides administrative support. A graduate of Montgomery County Community College and Temple University, Ashley brings her experience as a Finance & Insurance Manager at an auto dealer and as an Inheritance Specialist. In her free time, she recharges by reading, biking, or camping. Ashley lives in Telford with her husband and their two sons.

Five Reasons to Outsource Your Payroll

Running a business is no small task. You’re juggling customers, employees, and operations while somewhere in the middle of all that is payroll. It might seem manageable at first, but it doesn’t take long before calculating hours, tracking deductions, and keeping up with tax rules starts to feel like a full-time job.

That’s why more and more small and mid-sized business owners are choosing to outsource their payroll. It’s not just about convenience. It’s about gaining peace of mind and making smarter use of your time and resources.

Here are five ways outsourcing payroll can make a big difference:

1. You Don’t Have to Worry About Tax Rules Anymore

Tax laws are always changing, and keeping up with them is practically a job in itself. Federal, state, and local requirements all have their own timelines, paperwork, and penalties for getting it wrong.

When you work with a professional payroll provider like our team here at Canon Capital, we handle all of that for you. You get the confidence of knowing everything is filed correctly and on time without the stress of trying to keep track of every regulation yourself.

2. We Handle the Local Taxes You Might Not Even Know About

If you operate in Pennsylvania, you know local earned income tax (EIT) and local services tax (LST) can be confusing, especially if you’re dealing with multiple municipalities or your employees live in different places.

We take care of all the local tax filings for you. That means no digging through forms or Googling which office needs what. We’ve got it covered, so you can focus on running your business.

3. You’ll Free Up Hours Every Month

Payroll isn’t just “cutting checks.” It’s entering data, double-checking math, managing deductions, generating reports, and filing returns over and over again. If you’re handling that in-house, you’re spending valuable time on something that doesn’t generate revenue.

Outsourcing payroll gives you those hours back. More time for customers, more time for strategy, more time to actually grow your business.

4. It Reduces Risk and Helps You Avoid Costly Mistakes

Payroll errors aren’t just annoying, they can get expensive. A small misstep in withholding or a missed deadline can lead to fines, frustrated employees, and time you can’t afford to waste fixing it.

Our reliable systems and careful review processes keep things accurate from the start. We catch the little things so they don’t turn into big problems.

5. You Get a Team Who Knows Payroll Inside and Out

As your business grows, your payroll gets more complex. New hires, changes in tax laws, and expanded benefits, it all adds up fast.

That’s why working with a payroll partner—not just a processor—matters. Our team is here when you need us, ready to help with questions, offer guidance, and adapt to your business as it evolves. You’re not just a number in a system. We know your name and we’re here to help.

Wondering If It’s Time to Make the Switch?

If payroll is taking up more time than it should, it might be time to talk. Let’s take payroll off your plate.

Contact us online or call 215-723-4881 to learn more about how we can help your business run smoother.

To Hatfield Office

From Quakertown area (Routes 309 & 663):

  • Follow Route 309 South/South West End Boulevard for 11.1 miles
  • Turn right onto Bergey Road
  • Continue on Bergey Road for 1.5 miles
  • Turn right onto Cowpath Road
  • Take 1st left onto Derstine Road
  • Continue on Dertsine Road for 1.3 miles
  • Turn left onto Funks Road
  • Continue on Funks Road for .3 miles
  • Turn right into drive

From PA Turnpike-Lansdale Exit:

  • Turn left onto Route 63 East/Sumneytown Pike
  • Turn left onto Route 63 East/Forty Foot Road
  • Continue to follow Forty Foot Road for 1.3 miles
  • Turn left onto Allentown Road
  • Continue on Allentown Road for .9 miles
  • Take 3rd right onto Derstine Road
  • Continue on Derstine Road for .4 miles
  • Take 3rd right onto Funks Road
  • Continue on Funks Road for .3 miles
  • Turn right into drive

From Collegeville area (Routes 113 & 29):

  • Follow Route 113 North for 3.3 miles
  • Turn right onto Route 73/Skippack Pike
  • Continue on Route 73/Skippack Pike for 1.1 miles
  • Turn left onto Old Forty Foot Road
  • Continue on Old Forty Foot Road for 3.1 miles
  • Turn right onto Route 63 East/Sumneytown Pike
  • Continue on Route 63 East/Sumneytown Pike for .6 miles
  • Turn left onto Route 63 East/Forty Foot Road
  • Continue to follow Forty Foot Road for 1.3 miles
  • Turn left onto Allentown Road
  • Continue on Allentown Road for .9 miles
  • Take 3rd right onto Derstine Road
  • Continue on Derstine Road for .4 miles
  • Take 3rd right onto Funks Road
  • Continue on Funks Road for .3 miles
  • Turn right into drive

From Montgomeryville (Five-points intersection):

  • Follow Route 463 West/Cowpath Road for 4.6 miles
  • Turn left onto Derstine Road
  • Continue on Dertsine Road for 1.3 miles
  • Turn left onto Funks Road
  • Continue on Funks Road for .3 miles
  • Turn right into drive

Elizabeth González

Administrative Assistant

Elizabeth joined the Canon Capital Technologies team in August 2018. A graduate of Regent University with a B.A. in Business, Elizabeth has worked in the areas of human resources, escrow, and compliance. Elizabeth works with us remotely from her office in Austin, Texas, where she enjoys spending time with her husband, reading, biking and traveling.

Is It Time to Rethink Your Cybersecurity? Here’s Why Zero Trust Matters

When it comes to cybersecurity, the old way of doing things—including trusting anything inside your network—just doesn’t cut it anymore. Threats are smarter, faster, and always changing. That’s why more businesses are moving to a Zero Trust approach: trust nothing until it’s verified.

If you’re thinking about tightening up your security, here are a few key things to keep in mind:

Always verify identity.
Every time someone logs in, you need to know for sure it’s really them. Strong multi-factor authentication (MFA) isn’t a nice-to-have anymore—it’s a must.

Check the devices too.
It’s not just about the user. Every device trying to connect should meet your security standards. If a device isn’t up to date or secure, it’s a risk.

Limit access.
Only give people access to what they need to do their jobs. Nothing more. It’s one of the easiest ways to keep a breach from spreading.

Keep an eye on everything.
Zero Trust isn’t a set-it-and-forget-it model. You have to keep monitoring users, devices, and activity to catch anything unusual early.

Protect your data—everywhere.
Whether it’s sitting in storage, moving across your network, or being accessed remotely, your data should always be encrypted and secure.

Zero Trust sounds complicated, but it doesn’t have to be. If you’re not sure where to start, we can help. Let’s chat about what makes sense for your business—without the overwhelm.

Contact us today to learn how we can help. Call 267.381.2025 or reach us online.

Disaster Recovery

Is your business ready for a disaster?

It seems like there is always a story in the news of some natural disaster – tornadoes, earthquakes, hurricanes, and wildfires.  It makes me wonder:  “Is there really any place that is safe, or immune from such calamity?” Of course, the answer is no. Therefore, this would be a great time for you to fine tune or implement a disaster recovery and business continuity plan for your business.

Disaster recovery is being able to continue your business critical functions after an unforeseen interruption.   It is easy to see how something “big” like the disasters mentioned above can severely impact your business. But what about more common “disasters” such as a power outage, internet going down, a server malfunctioning or simply unplugging a piece of equipment accidentally?   Ideally, your business continuity plan will allow you to recover your programs and data to a point very close to when the disaster occurred.

When putting together a disaster recovery plan, many factors need to be considered. First and foremost is your data.  Ask yourself, “How is my data being backed up? How would I get to that data in the event of a disaster?”   A common mistake most people make is to faithfully do a backup of their data, and then leave the backup media (disk, flash drive, tape, etc.) in the same building – or even the same room – as their computer systems or servers.  If the building were to burn down, your backup would go with it and you would be left with nothing to recover from.

One way to begin developing a business continuity plan is to define the word “disaster” in the context of your business.  Ask yourself “What level of interruption do I need to protect my business from? Can I afford to be down (without computer system, programs, data for example) for 1 day, 1 week, 1 hour?  How long can I afford to be without power, telephones or internet access?”   Answering these questions will help to give some shape to your plan. If you can afford to be down for a week, then you will not need as much in the way of redundant systems and infrastructure which will save on up front and ongoing costs.  However, if you really cannot afford to be down for more than a few hours, a more comprehensive plan will need to be developed.  This may include redundant hardware and telecom circuits, standby or backup servers, off site backups, and perhaps moving towards cloud (internet hosted) services for some of your mission critical applications.

As your trusted technology advisors, we are here to help you navigate the development, implementation, and ongoing testing of a business continuity solution. If you have any doubts about your emergency plan, it would be our privilege to work with you in developing a solution that brings you security and peace of mind.

Souderton office to Hatfield office

  • From Summit Street, turn left onto North Main Street
  • Continue on North Main Street for .5 miles
  • Turn right onto West Broad Street
  • Continue on West Broad Street for 1.1 miles
  • Turn left onto Cowpath Road
  • Follow Cowpath Road for 1.3 miles
  • Turn right onto Derstine Road
  • Continue on Dertsine Road for 1.3 miles
  • Turn left onto Funks Road
  • Continue on Funks Road for .3 miles
  • Turn right into drive

Three Things to Know for Q1 2025

The start of a new year brings fresh opportunities, but it also brings important financial and security considerations for you and your business. As we move through the first quarter of 2025, here are three updates you need to know.

BOI Reporting and PA Annual Report Filing

The enforcement of the Corporate Transparency Act’s Beneficial Ownership Information (BOI) reporting requirements is currently on hold due to a federal court ruling. This means businesses that have not yet filed do not need to act at this time. However, the situation remains fluid, and reporting requirements may be reinstated later in the year. Stay informed to ensure compliance. Read more.

Starting in 2025, Pennsylvania businesses must file an Annual Report to remain in good standing. This is a new requirement replacing the previous decennial filing system. Reports are due based on your business structure, so be sure to review your deadline and prepare accordingly. Learn more.

Paycheck Calculator—Share with Your Employees

Each tax season, we hear from business owners whose employees are caught off guard by unexpected tax bills. The most common culprit? Insufficient federal tax withholding. To prevent this issue, employees should be encouraged to use the IRS Paycheck Calculator to check their withholding and make any necessary W-4 adjustments. Doing this now can help employees avoid surprises at tax time. Please pass this information along to your team today.

Beware of Tax Season Scams

Tax season is a prime time for scammers looking to steal sensitive financial information. Fraudulent emails, phishing attempts, and fake IRS messages increase significantly this time of year.

Remember:

  • Never click on links or open attachments from unknown senders.
  • Verify any tax-related emails by contacting the sender directly.
  • Be wary of urgent messages requesting sensitive information.

If something seems suspicious, trust your instincts and consult your IT team before taking any action.

Need assistance? We’re here to help. Call 215-723-4881 with any questions.

FinCEN Halts Corporate Transparency Act Enforcement: What It Means for Your BOI Reporting

In keeping with the Department of Treasury’s communicated commitment to reduce regulatory burden on businesses, FinCEN announced on Thursday, February 27, 2025, that it will pause enforcement actions and not issue fines or penalties against companies for failing to file or update beneficial ownership information (BOI) reports. This is pursuant to the previously promulgated Corporate Transparency Act (CTA) reporting deadlines. Refer to the FinCEN announcement at FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines | FinCEN.gov.

Given the recent legal and legislative developments and related confusion and uncertainty surrounding CTA/BOI reporting, FinCEN’s announcement pausing reporting deadline enforcement is welcome relief for reporting companies and professionals providing CTA/BOI-related services to reporting companies.

FinCEN noted its intent to issue an interim final rule by March 21, 2025, with updated guidance on extending BOI reporting deadlines. In addition, FinCEN stated it plans to seek public comment on potential revisions to existing BOI reporting requirements and will consider those comments as part of a notice of proposed rulemaking to be issued later this year to determine whether modifications to the reporting deadlines are warranted.

PA Annual Filing Update

It is very important to note that the Federal BOI announcement above is different than the new PA Annual Report Filing reports that are currently due. As a reminder, we cannot file these reports, so we encourage you to do so as soon as possible. For more information, see the following:

Here is a summary of the Annual Report filing requirement, providing extremely helpful information to answer questions and start the filing process.

Further help, with step-by-step instructions and screenshots, can be found at How to File an Annual Report (PDF).

As always, we will keep you informed on these and other topics affecting you and your business.