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Chief Executive Officer Profile

     Peg Feathers-Long began her career in the  Department of Health, Education, and Welfare in the late 1970's.  From a position as secretary to the Regional Director, she moved into computer operations, and then software coding in various languages before moving into system analysis and design.  Peg setup MagnaTech in 1989 as a Sub-S corporation.  She now offers her accounting services to companies.

Some of the work Peg has been involved in:

  • Accounting for a 501c(3) charity non-profit in compliance with GAAP for restricting revenue, recognition of exchange transactions,  and allocation of salary and overhead expenses among programs

  • Review of foreign QuickBooks transactions and file and monthly consolidation into Corporate Accounting

  • Budget development and cash flow forecasting

  • Assisted in the setup and ongoing administration of a 401k for over 15 employees

  • Human resource functions including placing wants ads, screening applicants, and recommending hires.

  • Assisted in the multimillion dollar sale of three websites through enhancement of accounting for customer support, reconciliations, and creation of financials.  Created additional accounting databases for new websites/companies. Accounting transactions ran between these and holding company.

  • Development of credit card revenue and expense processing for e-commerce companies from data capture to upload and reporting

  • Full charge bookkeeper, office manager for five multimillion dollar companies

  • Preparation of individual, S corporate, and Partnership tax returns using ProFx software

  • Payroll processing using QuickBooks, Paychex, or ADP, creating and verifying quarterly and yearly tax reports

  • Creating and maintaining corporate and other web pages.

  • Managed the Regional Data Center, a peripheral site acting as liaison between Philadelphia & Washington

Some of the companies Peg has worked for:

  • Vanguard

  • Shared Medical Systems, Inc.

  • Dupont

  • National Foundation for Celiac Awareness

  • 20nine design studios, LLC

  • Mind Drivers, LLC

  • Fischer, Cunnane, and Associates, Ltd. CPA Firm

Education:  University of Pennsylvania, Wharton School, B.S., Accounting & Management majors, Graduated Cum Laude, elected to Sigma Kappa Phi Honor Fraternity

Certifications: A+ Certified Professional

QuickBooks Certified Professional