Cheryl Lanese CPA CGMA

Posted in: Articles, Manufacturing, Tax, Wholesale/Distribution

How Research and Development Tax Credits Offset Small Business Payroll Taxes

The research and development tax credit was created in 1981 to encourage the development of new products, processes and computer software in the United States. Prior to the 2015 Protecting Americans from Tax Hikes (“PATH act”), the R&D credit could be used only to offset Federal Income Tax. There was no dollar limit on the […]

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Daniel Kaminski CPA

Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate, Wholesale/Distribution

Four Steps Towards a Smoother Audit

A financial statement audit can be a significant time burden on the finance/accounting department for any organization. There is often a large time commitment needed from getting ready for the auditors, gathering information requested during the audit, answering questions, etc. However, there are ways to make the audit go smoother. The following are four ways […]

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Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate, Tax, Wealth Management, Wholesale/Distribution

HW&Co. featured on Ohio Secretary of State Website!

For the month of April, HW&Co. will be featured on the Ohio Secretary of State website!

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HW&Co

Posted in: Articles, Business Advisory, Healthcare, Manufacturing, Nonprofit, Wholesale/Distribution

Proposal for reform of proposed overtime rules

On March 17, 2016 Republicans in the House and Senate introduced the “Protecting Workplace Advancement and Opportunity Act”, in an attempt to reverse potential changes to the white-collar overtime exemption regulations of the Fair Labor Standards Act (FLSA). Proponents of the new bill cited concern over the possibility that the changes could lead to fewer […]

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Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate, Tax, Wealth Management, Wholesale/Distribution

What do the proposed changes to the Department of Labor Overtime Exemption Regulations mean for your business?

In 2014, President Obama instructed the Department of Labor to update the rules of overtime regulations. After taking into consideration the changes that needed to be made, the Department of Labor began to construct a new rule to raise the overtime threshold. The DOL plans to release the final rule later in 2016. Under the Fair […]

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