It’s Smart To Start Planning Early Retirement … you spend years dreaming about it (and maybe even saving for it). Still, many worry about having enough money to retire comfortably and independently. Below is a checklist to get you started planning for the...
Make Performance Management A Priority Your new employee has been on board for nearly two months and still doesn’t seem to be improving. Is it time to cut your losses, or do you invest more time and money into additional training? We all struggle with this question...
Protect Your Company’s Value By Sharing Your Wealth Of Knowledge Last month, I discussed the increasing amount of dialog I’m having with business owners about management transition, liquidity events, and exit strategies. To review, the three critical components...
What’s The Strategy Behind Your Business? The course is set, it’s time to go … but wait! Where are you going and what’s your plan for getting there? You wouldn’t necessarily embark on a roadtrip without a map, money for gas or a general idea of...
Create A Better Employee Performance Appraisal Process In 5 Steps Editors Note: Employee retention continues to be a hot topic among large and small employers, alike. So, we updated this archived article to provide you with insight that will help you motivate your...
It’s not enough to make decisions based on a hunch or to simply jump on just any investment opportunity that comes your way simply because it might yield results. Rather, you need to establish a roadmap that will help you stay on course. Five Tips To Help You Protect...
Want The Best? Design The Best! Retirement plan design is an area we spend a lot of time on with our clients. In fact, we help many clients set up their very first retirement plan. When a client is thinking about sponsoring a retirement plan, plan design is a natural...
Hit A Home Run With A Better Accounting Strategy I am a baseball stats junkie. As a kid, I couldn’t wait for the Sunday paper to arrive because, at the time, it was the only way to get the MLB team and individual statistics update. I laugh about that now, of course –...
HSAs Feature Cost Savings Opportunities For Businesses, Employees Health Savings Accounts (HSAs) have become extremely helpful for those looking to secure affordable healthcare for themselves and their employees. That being said, the full potential of this particular...
Was It Love At First Installation? No. But QuickBooks Online Has Redeemed Itself When Intuit® released QuickBooks® Online (QBO), suffice it to say that it had more than its share of quirks. Naturally, people began avoiding it and, as a result, the software was slow...
How To Monetize Your Biggest Investment Part of any investment strategy is figuring out how to turn your investment efforts into cash – the same is true in business. In my experience, business owners get held up when it comes to determining what...
How A Well-Maintained Balance Sheet Can Help You Decide This can be a hectic time for you as you work to close the books on the previous year while strategically plan for the year ahead. For me, this is the time of year I find myself fielding questions from clients...
How To Tell If Your Company Is Financially Fit Over the past 30 years on dealing with construction companies in the accounting and finance arena, I’ve seen thousands of financial statements. Some companies have come and gone, while some continue to evolve and prosper....
‘Less is More’ When It Comes To Your Chart Of Accounts, Fund List & Program Structure About a year ago, my family exchanged big city living for a quieter life in rural America – Columbus to Zanesville, Ohio, to be exact. As you might expect, our family encountered...
What to know when reporting your fantasy football winnings – or losses Editor’s Note: It is fantasy football season again, which means some of you might have questions about the money that’s changing hands. To answer your questions, we thought it would be a good...
Outsourcing May Be The Solution You’re Looking For You’ve worked hard to build a successful company. But at the end of the day, do you ever wonder if you could be doing more? For years, the term “outsourcing” brought to mind American jobs being shipped...
Wondering about an organization’s tax-exempt status? Wonder no longer! The Tax Exempt Organization Search tool on the IRS website is here to help. Editor’s Note: This is a really popular time of year for those who are looking to make considerable donations...
The Business Of Our Business is a quarterly article series featured in Rea’s print publication, The Rea Report. The purpose of each article is to provide readers with greater insight into the inner-workings of our firm. Research Calls Are Not Sales Calls Looking...
What To Consider When Preparing Your Business For An Imminent Recession It’s an unprecedented time in our economy. According to the National Bureau of Economic Research, as of July 2019, the U.S. has officially surpassed the prior historical record for the longest...
A Business Continuity Plan Can Help Protect Your Business From Unexpected Changes Betty has been your company’s payroll clerk for a long time. She’s reliable, gets things done and payroll is one less thing you have to worry about because she’s happy to take care...
What About A ‘Partially’ Self-Insured Health Plan? If you associate self-insured health plans with big, public companies with a few thousand employees, you might be surprised to learn that small- to mid-sized businesses can benefit from specific types of...
Procurement standards in 2 CFR 200.317 through 200.326 of the UGG Looking for a little more clarification when it comes to how your entity should handle purchases, bids, and proposals? Read on for a brief summary of these federal procurement standards and...
Don’t Leave Your Legacy Up To Chance Exiting your business will be one of the most emotionally difficult things you’ll ever do. But one of the best things we can do for you and your business is to ditch the cookie-cutter exit plans and design an option that...
COVID-19 (coronavirus) has taken center stage in recent weeks and, as the virus continues to spread, has led to mass closings, social distancing, postponement of the Ohio election, and, as of Tuesday, March 17, 2020, has deferred this year’s tax payment deadline...
