Protecting Your Business While Using AI By: Tony LaNasa Have you ever questioned the authenticity of the image or video you’re viewing, the audio you’re hearing, or the text you’re reading? The distinction between genuine and fake can be […]
A Tax-Smart Way to Develop and Sell Appreciated Land By: Ed Decker Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a hefty profit, it could […]
Can ESG Activities Benefit Your Manufacturing Business? By: Cheryl Lanese Manufacturers may wish to think about implementing environmental, social, and governance (ESG) activities in today’s fiercely competitive market. While doing good may be its own reward, these ethical business procedures […]
Nonprofits: Special Events Call for Tax Planning By: David M. Reape Tax reporting may be the last thing on your mind when planning a special fundraising event. But your not-for-profit should carefully track revenues and expenses and retain related documentation now to […]
How Secure Is Your Accounts Receivables Department? By: Tony LaNasa Asset misappropriation schemes make up more than half of all occupational fraud schemes, according to the Association of Certified Fraud Examiners. It’s a broad category that includes everything from skimming […]
Corporate Officers or Shareholders: How Should You Treat Expenses Paid Personally? By: David M. Reape If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being nondeductible both by an […]
HB45 ARPA Workforce Relief Program Reporting Deadline is Fast Approaching By: Helen Weeber If you have not begun the process of gathering your information, you will want to start. The HB45 reporting deadline for Cycle 1 reporting is coming soon, July 31st. All […]
How “Phoenix” Companies Abuse Bankruptcy Protection and Defraud Creditors By: Tony LaNasa According to S&P Global, there have been at least 230 corporate bankruptcy filings thus far in 2023 (through early June). That’s more than twice the number of filings over the […]
Starting a Business? How Expenses Will Be Treated on Your Tax Return By: David M. Reape Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports that business applications are still increasing slightly […]
IRS, Security Summit Alert Taxpayers to New Scam Involving Personal Photographs and Bank Information The Internal Revenue Service and the Security Summit (a coalition between the IRS, state tax administrators, and the tax industry) issued a warning to taxpayers about a new mail scam […]
How to Reach High-Net-Worth Philanthropists By: Helen Weeber Even if recent fundraising efforts for your not-for-profit have been underwhelming, one high-net-worth gift can change your year and make it a fundraising triumph. How do you locate extremely affluent […]
HW&Co. Wins 2023 Top Workplace Award HW&Co. has been named a 2023 Top Workplace by the Cleveland Plain Dealer. This is the 10th time the Firm has received this award. The list is based solely on […]