LAUREL, MARYLAND – On Thursday, December 15th, 2016, Francis X. (Frank) Kelly III, CEO of Kelly & Associates Insurance Group and KELLY Payroll presented on the “Future of Payroll, Healthcare and the Affordable Care Act” during the 2016 CPA Summit hosted by the Maryland Association of Certified Public Accountants (MACPA) at the Johns Hopkins Applied Physics Lab in Laurel, Maryland.
The 2016 CPA Summit is a one-day event where CPAs learn from the most important voices in the profession and find solutions to push careers forward. Topics included leadership, technology, cutting-edge trends, and emerging professional issues.
Frank Kelly III focused on the possible changes to health care reform that many are anticipating under the new leadership in Washington D.C. He led a discussion on how a reform or repeal of the Affordable Care Act (ACA) could impact employee benefits and payroll reporting and presented strategies for helping employers navigate possible transitions while ensuring that they remain compliant with current regulations.
The MACPA has played a major role in shaping the CPA profession since its founding in 1901. Recognizing the importance of trustworthy financial information in a market-based economy, Maryland was the third state in the nation that created the professional designation of certified public accountant.
In 1976, former Maryland State Senator Francis X. (Frank) Kelly and his wife, Janet, founded a small insurance company in the basement of their Timonium, Maryland home. Today, Kelly & Associates Insurance Group (KELLY) is the region’s leading health insurance broker/administrator, which consists of multiple companies that provide integrated total benefits, payroll and workforce management solutions for employers of every size.
Senator Kelly is now the Chairman of Kelly & Associates Insurance Group and Frank Kelly III, the eldest son of Janet and Frank, serves as CEO of the KELLY companies. Frank and Janet Kelly’s other sons, John, David and Bryan, are key leaders in the business serving in chief roles as well as presidents of KELLY’s entities and divisions.
The expanding enterprise, serves over 10,000 corporate clients
and employs more than 450 people serving companies that range in size from sole proprietors to corporations with more than 20,000 employees. Based in Baltimore County since its inception, the organization moved its headquarters to Sparks, Maryland in 2015 and has regional offices in Rockville, Maryland and Wilmington, Delaware.
Kelly & Associates Insurance Group has won recognition as Maryland’s largest Employee Benefits Administrator by The Baltimore Business Journal for fifteen consecutive years, and was awarded the Family Business Award of Excellence through the Ernst & Young Entrepreneur of The Year® program in 2013.