PBMares Accounting Blog

Sean O'Connell Named Chairman of Mount Vernon-Lee Chamber of Commerce

Posted by Susan Miller on May 27, 2015 10:15:00 AM


Congratulations to Sean O'Connell, a partner in the firm's Fairfax/Metro D.C. office, on being named Chairman of the Mount Vernon-Lee Chamber of Commerce.

As seen online in The Connection

In his 30 years as a certified public accountant with the firm PBMares, Sean O’Connell has worked in Harrisonburg, Fredericksburg and spent close to the last decade in northern Virginia. In becoming involved with the 60-year-old Mount Vernon-Lee Chamber of Commerce, the biggest difference he saw was the first two locations each had regional chambers with vast footprints.

“In Fairfax County, there are over eight different chambers of commerce because the area is so diverse,” said O’Connell, referencing everything from mom-and-pop shops and other retail to restaurants and Walmart. “It would never be served by one chamber.”

He acknowledged the greater Fairfax County Chamber of Commerce, but whereas they’re geared more to larger businesses, “we’re typically more connected to owner-managed businesses,” he said.

O’Connell was formerly president of the Mount Vernon Lee Chamber of Commerce but took on the role of chairman at the beginning of February. He was installed at the group’s March 11 “Biz Breakfast” networking event at Belle Haven Country Club, featuring commentary from the new Hilltop Village Center Wegmans store manager Mike Dempsey and service manager Matt Spath.

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Topics: PBMares News

Kevin Reilly of PBMares Elected Treasurer of the National Club Association

Posted by Susan Miller on May 19, 2015 3:00:00 PM

PBMares' very own Kevin Reilly, J.D., CPA, CGMA has been elected as the Treasurer of the National Club Association (NCA). He will serve as Treasurer for a three-year term.

The NCA recently held its annual meeting in Washington, D.C., where it elected new board members and officers. For many years the NCA has served as the primary advocate for private clubs, representing their interests on Capitol Hill, regulatory agencies, statehouses and courthouses.

Kevin is recognized as a leading club tax expert in the United States. Here at PBMares he is a senior tax authority and serves as a technical resource to interpreting and applying tax law. He is active in club organizations and brings more than 25 years of experience identifying and interpreting trends, consulting on issues at the management level, and assisting clubs to run more efficiently.

Kevin is a regular columnist for industry publications and is a contributing author to The Legal Reference Guide for Private Clubs published by the National Club Association, as well as the Fourth Edition of Club Management Operations published by the Club Managers Association of America (CMAA) and the First Edition of Accounting for Club Operations. He is also a contributing author for Federal Taxes and the Private Clubs, as well as editor of Clubs in Town & Country. He was on the committee to update the Uniform System of Financial Reporting for Clubs published by the CMAA.

Kevin received a Juris Doctorate from the Washington College of Law at American University in Washington, D.C. and a Bachelor of Science in Accounting from Providence College in Providence, Rhode Island.

Previously, Kevin served as the Secretary/Treasurer of the NCA Foundation, which is the NCA’s charitable arm. 

From all of us at PBMares, we congratulate you!

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Topics: Club Industry, PBMares News

PBMares, LLP and TMDG, LLC Announce Merger Enhancing Specialty Focus Practice Area

Posted by Susan Miller on Mar 6, 2015 7:54:00 AM


Baltimore, MD (March 4, 2015) – Two leading McGladrey Alliance member firms, PBMares, LLP and TMDG, LLC, are pleased to announce their merger effective January 1, 2015. 

“We saw a rare opportunity to affiliate with a premier McGladrey Alliance member firm that has a like-minded culture, shared business values and philosophies, and complementary practice areas. This merger will enable us to expand our local and national healthcare consulting, employee benefit plan, and not-for-profit practice by enhancing both the depth and breadth of the services we are able to deliver to our clients,” said Matt Dubnansky, Managing Director of TMDG. “This is a great fit for our clients and staff and we are all excited to move forward.” 

TMDG, LLC will be a subsidiary of PBMares, LLP led by Matthew B. Dubnansky, CPA, CGMA as Managing Director of TMDG.  PBMares will be the parent company operated under the direction of Alan S. Witt, CPA as CEO of PBMares. “This combination significantly enriches our existing niche in employee benefits.  We’re achieving our mission to be leaders in key specialty practices, growing strategically by anticipating clients’ needs in our marketplace,” said Alan Witt. “It’s one way we differentiate ourselves and ensure our quality reputation.  In addition to enhancing this specialty practice area, adding a Baltimore location will be a key piece in the expansion of our overall presence in the greater Baltimore/Washington market.”

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Topics: PBMares News

PBMares Names Three New Partners

Posted by Susan Miller on Jan 2, 2015 1:45:00 PM


PBMares is pleased to announce David J. Damiani, J.D., CPA, a Senior Tax Manager in the firm’s Williamsburg, VA office, Harvey L. Johnson, CPA, CGMA, a Senior Assurance Manager based in the firm's Norfolk, VA office, and Nicholas Perrine, CPA, a Senior Tax Manager in the firm’s Harrisonburg, VA office, have been elected partners, effective January 1, 2015

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Topics: PBMares News

Stop the Violence, Start the Healing a 5K Walk/Run

Posted by Susan Miller on Sep 17, 2014 1:30:00 PM

PBMares is proud to be a corporate sponsor of the Samaritan House’s 5k walk/run .

Sunday, October 19th at the Virginia Beach Oceanfront, the annual “Stop the Violence, Start the Healing 5K”  walk/run event will take place. This is an opportunity to raise awareness of the warning signs of abuse and to offer support to those who are experiencing, or have experienced, domestic violence.

Samaritan House receives over 10,000 crises calls a year and provides emergency housing to those who are in need as a result of domestic violence. In addition to raising money to support their ongoing projects, the 5k run is an opportunity to raise awareness of the warning signs of abuse and to offer support to those who are experiencing, or have experienced, domestic violence. 

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Topics: PBMares News

Newport News Office Collects Back to School Supplies

Posted by Kay Ferguson on Sep 15, 2014 1:30:00 PM

The Newport News office of PBMares lent its support to area students by collecting school supplies to help make their return to the classrooms a little easier.  The back-to-school drive was coordinated by the Peninsula Chamber of Commerce and the supplies went to the Newport News Public School System.   To help kick-off the drive, Kay Ferguson decorated collection boxes and promoted it within the office.   And when it was time to deliver the items, Kay had two big boxes full of supplies to take to the Chamber’s offices.    Thank you to everyone who participated in this important project.  Your support of the future generation helps to make your community a better place to live.

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Topics: PBMares News

PBMares Named 2014 Top 200 Accounting Firm

Posted by Edward Warren on Sep 10, 2014 1:00:00 PM

Carmel, Ind. (August 21, 2014)  INSIDE Public Accounting (IPA) is pleased to present its fifth annual ranking of the IPA 200 public accounting firms.  

“With more than 540 firms participating in the IPA annual Survey and Analysis of Firms this year, along with many CPA firm associations contributing to the search to identify the IPA 200, this prestigious group joins the IPA 100 as the definitive ranking of the nation’s largest public accounting firms,” says Kelly Platt, principal of The Platt Group, the publisher of IPA. For the most recent fiscal year, IPA 200 firms range in size from $14 million to $31 million, and from 60 to 235 staff. These firms employee more than 12,000 staff across the nation, up 9% from last year. “The IPA 200 averaged 5.4% top-line growth, and 6.2% growth in the bottom line,” says Michael Platt, principal of the Platt Group.  

Read full press release: PBMares Name 2014 Top 200 Accounting Firm.  Visit our website to learn more about PBMares, LLP.

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Topics: PBMares News