Category: Employee Benefit Plans

PDF: CBM Partner Julia Lafferty Elected to the Greater Washington Society of CPAs Executive Committee Julia Lafferty, CPA, a partner at Councilor, Buchanan & Mitchell and a director of the firm’s not-for-profit and employee benefit plan services groups, has been elected to the executive committee of the Greater Washington Society of CPAs (GWSCPA) effective July 1, 2022. This five-year commitment will incorporate several progressive leadership roles including annual service as secretary, treasurer, vice president/president-elect, president and immediate past president. During… Read more ›

The Greater Washington Society of CPAs has elected Julia Lafferty, Principal at Councilor, Buchanan & Mitchell (CBM), to its board of governors. CBM has a long history working with GWSCPA dating back to 1924 when the firm’s founder, James Councilor, served as the society’s first president. GWSCPA, a not-for-profit organization serving the DC-area accounting profession, promotes ethical standards and educational opportunities and support for its members. The Society also acts as a liaison contact with Capitol Hill, state, and local… Read more ›

Many companies today are creating bonus and incentive compensation plans to reward hard-working employees for jobs well done. Such plans can be a win-win: Employees receive a tangible reward for exceptional performance, and businesses reap the benefits of high achievements. However, creating an employee bonus plan without carefully thinking through what you want to accomplish can end up doing more harm than good. The result is wasted time, money and opportunity — on the part of the company and the… Read more ›