Celebrating the end of Tax Season!

The Siegfried Advisory team recently came together to celebrate the end of another amazing tax season. This year was filled with clients (both existing and new), Tax Cuts, Jobs Act changes, and adding a few new faces to our own growing team!

We invited our friends (who helped keep us balanced throughout the hectic tax season) from Balanced Athlete, to come together at Urban Axe in Philadelphia. What better to do after months of long hours? Throw Things!!!

It was a great way to rejuvenate, relieve some stress and enjoy great food, drinks and conversation among friends. The entire team was able to break away and participate in some friendly competition, but it was the small and mighty Alyssa that took home the win.

Updated Guidance on Sec 199A: The Qualified Business Income Deduction

The IRS finally issued its highly anticipated guidance on the new “QBI” deduction through a series of proposed regulations. The most significant detail in the regulations relates to which activities are considered Specified Service Trade or Businesses that may be completely phased-out of the deduction. The IRS includes specific examples of activities in each field that will or will not full under this category.

Click here to read the full article from Forbes.

After Tax Season Party

Siegfried Advisory was able to blow off some steam after tax season at The Main Event in Newark, DE. The team was able to relax, enjoy some good food and play some games like shuffleboard, billiards, air hockey, bowling and a pretty competitive game of Laser Tag! Gold Team for the WIN!! What a great way to unwind after the team worked very hard providing great service to all our clients.



Team Supports Leukemia Research by Getting Muddy!

Siegfried Advisory recently took part in the Leukemia Research Foundation of Delaware’s 9th annual Delaware Mud Run. The Delaware Mud Run is a 5K race with numerous obstacles surrounded by, or consisting of mud. There were crowds of people out to support the event along with live music and local vendors. Tailgating was abundant, as seasoned teams were out early eating and drinking to get ready for the run and their wild costumes (note the chicken team in the pre-run photo).

As a sponsor with two participating teams, Siegfried Advisory was able to raise funds for a great cause and have fun spending the morning trudging through the mud. They hope to have an even larger turnout and raise even more money next year!

Siegfried makes the Inc. 5000 List…and that’s not all!

The Siegfried Group recently appeared on the annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at a very important segment of the economy – America’s independent entrepreneurs.

In addition to its place on the Inc. 5000 list, The Siegfried Group was also named the fastest-growing accounting firm in the country by Inside Public Accounting (IPA). Not only that, but The Siegfried Group was recognized as one of the Top 100 accounting firms in the country by IPA.


Forecasting Methods Help Build Relationships

Our very own Steven Hutchison, CPA, CVA recently penned an articled entitled “Forecasting Methods Help Build Relationships” in the June edition of Practice Management – Tips for Practitioners. Steven picked the topic because it greatly aligned with what Siegfried Advisory is all about and he felt there was a lack of content out in the valuation world on this subject. A lot of the content within the article came from research that he had done in preparation for writing the article, however he also leveraged his experience as a trusted business advisor to bring context to the concepts. Click on the icon below to read Steven’s full article!


It’s All About Alignment & Connecting…

We held our annual mid-year Alignment and Connection meeting at the Wilmington Country Club to discuss our 2017 progress thus far and dive deeper into our outlook on the future of Siegfried Advisory.  We started our day with our tradition of a positive focus exercise. Then the group did a D.O.S. Analysis which brought the team together to brainstorm and share views on what are the Dangers that we want to work towards eliminating, our greatest Opportunities that we want to focus on and our biggest Strengths to be maximized.  We thoroughly enjoyed aligning as a team and reaffirming our commitment to upholding the Firm’s values and vision. So as not to be all business and no play, after the meeting the team divided to make time for some fun events. One group took golf lessons, while others opted for some relaxing spa time.  Afterwards, the team joined together again for a Happy Hour at the Pub with drinks, snacks and a friendly shuffleboard competition!

Advisory Says Good-bye to Busy Season Blues

The Siegfried Advisory team met at Dave & Busters in Philadelphia to celebrate the end of another successful tax busy season. The team celebrated with good food, great company and LOTS of fun and games! From basketball to Mario Kart to Rock’Em Sock’Em Robots, it was a great way to de-stress after the many hours worked during tax season.



Siegfried Advisory Goes Over the Edge

On May 11, Siegfried Advisory’s very own Erin Schieffer decided to climb down a 17 story building!  As part of the Special Olympics of Delaware’s Over The Edge event, Erin rappelled down 17 stories (222 feet!) of the 300 Delaware Avenue building in Wilmington.  The “Over the Edge” event allows 100% of all proceeds to go directly to the Special Olympics Delaware athletes and helps raise awareness.  Erin was able to raise $1,643!!!

Siegfried Advisory’s very own Jeff Mitchell has been an active board member of the organization for 7 years! (Unfortunately, heights are Jeff’s kryptonite, so Erin graciously took his place.)

The mission of Special Olympics Delaware is to provide year-round sports training and athletic competition in a variety of Olympic-type sports for more than 4,000 children and adults with intellectual disabilities, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy and participate in a sharing of gifts, skills and friendship with their families, other Special Olympics athletes and the community.