Diana G. Kenneson, CPA

EDUCATION:

Indiana University of Pennsylvania, Indiana, PA
B.S. Accounting
Minor in Economics

OVERVIEW:

Ms. Kenneson is a founding partner with Jacobs, Kenneson & Company. The services she provides her clients include individual and corporate tax return planning and preparation, financial statement preparation, litigation support, compilations and management advisory services for small businesses and individuals with modest to significant wealth. Her experience includes compilations, reviews and audit engagements for numerous and diverse business entities and litigation support.

Ms. Kenneson is a graduate of Indiana University of Pennsylvania with a BS in Accounting, a minor in Economics and a licensed Certified Public Accountant. She remains apprised of current industry trends by attending courses and seminars in taxation.

While an expatriate in Singapore and Thailand in 1999-2000, Ms. Kenneson volunteered as a teacher for a local orphanage and a greeter for various cultural events.

Prior to co-founding Jacobs, Kenneson and Company, Ms. Kenneson gained audit experience in a regional CPA firm, investment expertise with an international financial institution and insurance knowledge with a national insurance company. To compliment her accomplished professional career, Ms. Kenneson is married, mother of two young children, and a triathlete.

HIGHLIGHTS OF PROFESSIONAL EXPERIENCE

Services clients' comprehensive tax planning and preparation needs ranging from individual tax returns to medium sized businesses, including partnerships, C-Corps and S-Corps, multiple state and local taxing authorities, payroll taxes, sales and use taxes, and privilege taxes to ensure compliance balanced with maximum tax benefit.

Conducts forensic examinations to identify misappropriation or concealment of assets and provides litigation support.

Delivers family-based accounting and tax advisory services focused on unique client issues and opportunities that may exist.  Issues include:  filing status, dependents, education credits, child care credit, child tax credit, kiddie tax, earned income credit, IRAs, employment of family members, and tax planning to secure permanent tax savings or deferral of income tax through strategic application of accounting methods.

Facilitates and coordinates tax preparation for several married, but separated clients, to maximize tax savings based on qualified filing status, dependents, and tax credits available to both parties jointly and/or individually.

Compiles financial statements for annual and quarterly reports, budgets, forecasts and cash flow analyses tailored to client needs.

Subject matter expertise for financial investments, stock options, and retirement investment vehicles including 401(k), 403(b), IRA, Roth IRA, SEP, Keogh, etc.

Sound knowledge and expertise with client relocations including multi-state returns, local returns, and sale and purchase of residence(s).

Advanced knowledge of insurance industry both personal and commercial.

Supervised cash department staff in maintaining investments for P&C companies with a combined portfolio value of over $3 billion.

Prepared time weighted return calculation for pension companies.

Developed processes and tools to facilitate the quarterly reporting process for a unique MVA annuity product.

Prepared Annual Statements for large Life Insurance Company.

Performed audits, compilations and reviews for small to mid-size non-profit and for profit organizations.

Prepared quarterly and annual statutory filings pertaining to invested assets for a major insurance company.

Knowledgeable in various software programs with excellent skills in accounting programs and tax research.

 

Jacobs,Kenneson & Co., Partner, Malvern, PA 2002-Pres.

ING Variable Annuities, Senior Financial Analyst, West Chester, PA 2001-2003

Cogen Sklar LLP, Auditor, Bala Cynwyd, PA 2000-2001

Reliance Insurance Co., Investment Accounting Supervisor, Philadelphia, PA 1994-1999

Silo, Research Analyst, Philadelphia, PA 1993-1994

EDUCATION:

Indiana University of Pennsylvania, Indiana, PA
BS Accounting
Minor in Economics

PROFESSIONAL CERTIFICATIONS:

Certified Public Accountant

PROFESSIONAL AFFILIATIONS:

Member, PA Institute of Certified Public Accountants
Member,National Society of Tax Professionals
Volunteer Income Tax Assistance (VITA), volunteer
Triathlete