Americans gave $557 billion in 2023, which is a two percent decline from 2022. However, both corporate giving and foundation giving has increased from 2022. Gifts from individuals represented 67 percent of total giving. The internet has transformed how non-profit...
In today’s data-rich business environment, having information isn’t enough—it’s what you do with that information that matters. Business dashboards have emerged as powerful tools that transform raw numbers into visual insights, helping companies of...
The past decade has been one of the most transformative and challenging periods for government accountants and financial employees. Since 2015, when the Governmental Accounting Standards Board (GASB) introduced Statement No. 68, a wave of new pronouncements has...
As a dental practice owner or aspiring owner, one of your most crucial decisions is assembling the right team of advisors to guide your practice’s growth and success. Communication with some advisors (e.g. CPA or financial planner) should be regular and...
When you’re ready to transition your business, selling to an external buyer can offer significant advantages – from immediate financial returns to enhanced growth opportunities. But finding the right buyer and structure requires careful consideration of...
When you’re considering your business exit options, an internal sale can help preserve the legacy you’ve built while creating opportunities for those who helped you build it. Let’s explore how different internal sale approaches can align with your...
This case study explores how our Business Valuation and Transaction Advisory team helped a construction company owner transition from uncertainty to confidence during an unexpected business exit. Through comprehensive valuation, deal structuring, and retirement...
Recent tariff policy changes have created significant uncertainty for businesses across industries. While headlines focus on international politics and global trade tensions, business owners need practical guidance on protecting their operations today. At Rea, we...
Your business faces new types of threats as you and your customers and suppliers use information technology. Even if your business primarily uses basic technology, you may still need to interact with more advanced digital systems for orders, banking, or customer...
You’ve invested years cultivating your business success. Now, as you consider stepping away, you face a crucial decision that will shape both your company’s future and your personal legacy: Should you pursue an internal sale to those already invested in...
As a business owner, you’ve mastered the art of delegation. But when it comes to sales tax and employee withholding tax, a recent Ohio court ruling serves as a stark reminder: some responsibilities are hard to delegate away. This decision can affect every...
As a not-for-profit leader, you’re focused on making a meaningful impact in your community. While your organization’s mission drives your decisions, understanding the financial implications of your activities is crucial for long-term sustainability. One...
Government entities are facing another significant change in financial reporting with the implementation of GASB Statement No. 101, Compensated Absences. This new standard, which replaces GASB 16, introduces substantial modifications to how organizations recognize and...
Let’s talk about what’s ahead for your business. With significant tax changes both confirmed and proposed for 2025 and beyond, you’re likely wondering how to position your company for success. Whether you’re in manufacturing, distribution,...
As experienced dental business advisors and CPAs, we’ve guided many practices through year-end tax planning. While December often brings concerns about maximizing deductions and managing cash flow, January presents valuable opportunities to strengthen your tax...
Business tax compliance is evolving quickly, with the IRS stepping up its enforcement of 1099 filing requirements. As we approach the January 31 deadline, businesses need to understand the heightened scrutiny and potential consequences of incorrect filings. ...
Is someone telling you that your not-for-profit organization needs an audit? Many have misconceptions about audits and what they achieve. Before you dive in, let’s take a step back and look at the bigger picture. While audits play a crucial role in the...
When it comes to cybersecurity, local governments face an unprecedented challenge. Governmental entities of all sizes have become prime targets for cybercriminals, with recent attacks throughout Ohio highlighting how vulnerable our local governments can be. Beyond the...
Mission-driven organizations thrive when passion meets process. Your not-for-profit’s impact grows exponentially when backed by strong operational systems. While your team focuses on changing lives and strengthening communities, a well-crafted procedure manual...
As your dental practice grows, you’ll likely consider bringing on additional professionals – perhaps an associate dentist, specialist, or hygienist. But before you extend that offer, there’s a crucial decision that could significantly impact your...
When you’re running a manufacturing operation, every minute spent wrestling with financial reports is a minute away from growing your business. Yet many of our manufacturing clients tell us they’re struggling with financial reporting systems that feel more...
Every not-for-profit has a story worth protecting. While daily operations and program delivery often take center stage, implementing strategic risk assessment practices can transform your organization’s ability to serve and grow. Understanding and managing...
As business advisors serving Ohio’s dental community, we’re seeing a significant shift in how dental practices will operate and grow, thanks to recent legislative changes. Senate Bill 40, signed into law by Governor Mike DeWine, introduces two...
When you are running a business, you need your technology to work not just sometimes but all the time. The only option you used to have was to fix what was broken. It’s called “Break-Fix” and it isn’t always the best route, especially when it comes to technology. The...
