The audit is over. Now what?
Whew! That’s probably your reaction when outside experts announce that their audit of your not-for-profit is complete. But even if auditors have left your premises and returned the documents they’ve […]
Category: Articles
To Stay Competitive, Manufacturers Must Implement the Right Market Strategy
Inflation. Labor shortages. Supply chain delays. Manufacturers have had a lot on their plates the past couple of years. Across the board, the result has been increasing prices. But raising […]
When a Valuation Professional Finds Fraud
Imagine you’ve got your eye on a business that seems like an attractive investment or acquisition target. It boasts strong earnings, competitive growth estimates and a clean balance sheet. But […]
Employers: In 2023, the Social Security Wage Base is Going Up
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 for 2022). Wages and self-employment income […]
For a Stronger Nonprofit, Increase the Number of Income Streams
Not-for-profits that rely on a single income source, or only a few, are vulnerable to economic shocks. The COVID-19 pandemic has made this particularly clear. Most organizations have had to […]
What Local Transportation Costs Can Your Business Deduct?
You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for these expenses. First, what is “local transportation?” […]
The FLSA Asks Your Nonprofit to Accurately Classify Staffers
Are your not-for-profit’s staffers employees or independent contractors? It’s an important question because under the Fair Labor Standards Act (FLSA), misclassifying workers can lead to penalties and other costs. If […]
Inflation Reduction Act Enhances Payroll Tax Break for Small Manufacturers’ Research Expenses
Is your manufacturing company on the cutting edge? It’s important to keep pace with the competition, especially if you’re trying to carve out a niche in a new marketplace. Fortunately, […]
Preventing “Privileged User” Fraud and Abuse
In most companies, employees need a user identity to access work-related hardware and software. Privileges to use certain applications or open certain files usually are provided to workers based on […]
Don’t Let Disaster Fraud Victimize Your Nonprofit
It’s been a busy year for natural disasters, with Hurricane Ian only the latest calamity to befall the United States and its territories. If your not-for-profit operates in or serves […]
HW&Co. CEO Named to the Ohio 500
HW&Co. CEO Brandon Miller, CPA, CGMA was recognized by Ohio Business Magazine as a member of The Ohio 500, a list of the most influential and successful leaders in the […]
Strengthen Your Nonprofit’s Funding Strategies
How can your nonprofit close funding gaps between revenue and operating expenses? There are many ways to build revenue for a nonprofit, and it can sometimes feel like you’re doing […]
