Need Extra Hands? Try Local Companies
If your not-for-profit is trying to fulfill its mission with less volunteer help these days, you’re not alone. A December 2021 Gallop poll found that although donating to charity has […]
Category: Articles
S Corporation Vs. LLC: The Way a Manufacturing Company Is Structured Affects Taxes and More
For decades, owners of small to midsize manufacturing companies have opted for the S corporation form of ownership, rather than being subject to the double taxation of C corporations. However, […]
Keep Cybercriminals from Stealing Your Business’s Brand
When criminals steal an individual’s identity, the victim can take steps to minimize potential damage by, for example, notifying credit agencies and freezing bank accounts. But what happens if a […]
Private Equity as a Business Transition Option: Thinking Outside the Box
Family business owners looking to transition ownership of their companies are usually familiar with the traditional options. You can transfer the business to a younger generation of the family. You […]
Time to Spring Clean Your Programming Lineup
Does your not-for-profit offer programs that may have started out promising, but have become disappointing? Do you have replacement programs in mind but haven’t yet secured funding for them? Consider […]
Do Valuation Discounts Apply to Compulsory Shareholder Buyouts?
Valuation discounts for lack of control and marketability are major points of contention when companies or controlling shareholders are required to buy out shareholders who own minority interests. What’s appropriate […]
Fully Deduct Business Meals this Year
The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief laws, the usual meal deduction […]
5 Ways to Foil a Bank ”Fraud Department” Scam
Bank Fraud Scams When banks detect suspicious activity in a customer’s account, the bank fraud department often call account holders to discuss the transactions. Time is of the essence when […]
2022 Q2 Tax Calendar: Key Deadlines for Businesses & Other Employers
Q2 Tax Calendar Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2022. Keep in mind that this Q2 […]
HW&Co. Named a Top Firm in the Great Lakes Region
HW&Co. is pleased to announce it has been included on the list of Top Firms in the Great Lakes Region by the accounting profession’s leading trade publication, Accounting Today. The […]
Ways Your Business can Accelerate Taxable Income and Defer Deductions
Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when is it prudent to do the opposite? And why […]
10 Tips to Protect Personal Information Online
The IRS urges people to defend themselves against cyber scams during and after tax season by properly securing computers, tablets and phones. Solid cybersecurity protection and scam recognition is vital […]
