Board Converting News, July 29, 2024

Peggy Lacy (CONT’D FROM PAGE 4)

Ken and Doug) was our accountant, friend and advisor for as long as Volk Packaging has been in business. We will miss him greatly. ‘The Rog’ was a one of a kind and will be missed dearly,” Volk said on LinkedIn. Roger L. Volk, 81, of Swampscott, Massachusetts, and Boca Raton, Florida, passed away peacefully on July 11, 2024, while surrounded by his loved ones after a brave battle with, Myelodysplastic syndrome (MDS), a rare form of blood cancer. Roger launched his career as an accountant at KPMG in Boston before opening his own practice, Roger L. Volk & Company, in Lynn in 1965 where it remains today. As a Certified Public Accountant, he proudly served the sur- rounding community and specialized in personal income taxes for almost 60 years where his personal client inter- action/connection was of utmost importance. In addition to his work in the tax field, he hosted a

Lacy will finish the year with FBA, transitioning her role over the next several months. “Peggy is one of the most dedicated and hardworking people I’ve had the privilege of working with,” said Bob McIlvaine, FBA’s President and CEO. “She is going to be greatly missed by the FBA staff and the industry she has served so well for almost 40 years.” Roger Volk, Longtime Accountant, Passes Away At 81 Derek Volk, CEO of Volk Packaging Corporation, an- nounced the passing of Roger Volk at 81. “Although he never joined Volk Packaging, Roger (the brother between

weekly radio program, “Financial Survival with Roger Volk,” on WRKO and WEEI for more than 20 years, provided “Tax Tips” on local WCVB Boston broadcast TV news. In addition, he has been the keynote speaker at numerous seminars conducted by the Internal Revenue Service for more than 30 years. Funeral services were held at Temple Emanu-El in Marblehead, Mas- sachusetts on July 15, 2024. NAM Hosts Roundtable On Pass-Through Deduction The National Association of Manufacturers announced the latest news on the 2017 tax reforms that are set to expire at the end of the year. Earlier this month, as part of its 2025 tax campaign, “Manufacturing Wins,” the NAM hosted Noelle Britton, Deputy Chief of Staff for Rep. Lloyd Smucker (R- PA), and Caroline Oakum, tax counsel for Sen. Steve Daines (R-MT), in a virtual roundtable to discuss what’s being done in Congress to maintain the Section 199A pass-through deduction. The 20 percent deduction, created by the Tax Cuts and Jobs Act to help small and medium-sized businesses, is among sev- eral tax provisions scheduled to expire at the end of 2025. (Pass-throughs are com- panies whose profits are “passed through” to the owners, who then pay taxes on the entities’ incomes on their personal tax returns.) The legislation would make the pass-through deduction permanent, which NAM says small and medium-sized manu- facturers rely on to increase investments and job creation.

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July 29, 2024

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