If You’re Hiring, Take a Look at Veterans By: Helen Weeber Despite widespread fears of recession in recent months, hiring remains strong in the United States. Employers added 528,000 jobs in July 2022 and many organizations seeking new workers are having […]
Is your business required to report employee health coverage? By: Kim Zagar CPA As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have to comply, and if so, what must be done? Basic […]
How Manufacturing Companies Can Benefit From the Section 179 Expensing Deduction By: Cheryl Lanese Does your manufacturing company need to acquire new equipment to meet demand? Fortunately, there’s a tax break that can help: the Section 179 deduction. It allows you to deduct this […]
Use Your Annual Report to Promote Your Nonprofit By: Helen Weeber Do you think about your not-for-profit’s annual report as a yearly obligation or even an unpleasant chore? If so, your annual report likely isn’t much fun to read — and […]
Do Your ESG Initiatives Open the Door to Fraud? By: Tony LaNasa Corporate environmental, social and governance (ESG) initiatives have evolved from a disjointed and confusing set of goals to a more unified business necessity. This is largely because investors, employees, customers […]
Confirming Your Identity with the IRS When taxpayers have a question, they should first try going to IRS.gov. The Let Us Help You page is a great way to quickly answer tax questions. If you call […]
The ‘ESG’ Transformation: Redefining Success in a Changing Business Marketplace By: Brandon Miller While financial results and solid fundamentals remain vital benchmarks of business success, many companies today are embracing environmental, social and governance (ESG) issues as key elements in their strategic plans. […]
How to Treat Business Website Costs for Tax Purposes By: David M. Reape These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted. Fortunately, established rules that generally apply to the deductibility […]
Valuators Know How to Evaluate Compensation Levels By: James Horkey Reasonable (or replacement) owners’ compensation can be a hot button during IRS audits, divorces, shareholder disputes and other litigation matters involving the value of a private business. What’s appropriate depends […]
Three Tax Breaks for Small Businesses By: David M. Reape Bigger isn’t always better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some examples. QBI deduction For 2018 […]
Ohio Agency Nursing Usage Increases $203 million in 2021 By: Paula Reape CPA LNHA It is no secret that nursing facilities (NF) nationwide are in the midst of a severe staffing crisis that has been exacerbated by the pandemic. We’ve had many conversations with […]
5 Ways to Stop Employees From Colluding in Fraud By: Tony LaNasa What happens if two or more individuals in your organization collude to commit fraud? According to the Association of Certified Fraud Examiners’ (ACFE’s) 2022 Report to the Nations, fraud losses […]