Insights | Rea CPA - Part 4
Author
Jul 15, 2024
Article

The Hidden Threat to Your Construction and Real Estate Profits: ACH Fraud Exposed

Cybercriminals are increasingly targeting the construction and real estate industry. One of the most prevalent threats? ACH fraud. Here's what you need to know to protect your business
Author
Jul 12, 2024
Article

Unraveling the Nexus Knot: Why Your Business Can’t Afford to Ignore State Tax Connections

Imagine this: Your small manufacturing company just landed a lucrative contract with a client in another state. You're thrilled about the growth opportunity, but unbeknownst to you, this single deal has just triggered tax obligations in a state where you've never set foot. Welcome to the complex world of state tax nexus.
Author
Jul 11, 2024
Article

Securing Your Business Legacy: The Essential Guide to Exit Planning

As a business owner, you've poured your heart and soul into building your company. But have you given thought to what happens when it's time to step away? Exit planning is a crucial step that many entrepreneurs overlook, often until it's too late. Let's dive into why exit planning matters and how you can start preparing for your business's future today. 
Author
Jul 10, 2024
Article

Beyond Good Intentions: Mastering Internal Controls for Mission Success

Written policies aren't just paperwork – they're your organization's backbone. They protect everyone involved: your organization, board members, staff, and volunteers. Regularly reviewing these policies ensures they stay relevant and effective. Remember, it's about the process, not the people. When examining procedures, focus on objective standards that best protect your organization's interests.
Author
Jul 9, 2024
Article

Ohio’s Extended Tax-Free Holiday: What Restaurants and Businesses Need to Know

This summer, the Buckeye State is rolling out an expanded tax-free holiday that promises to boost sales and offer substantial savings. But there are also some challenges that businesses should be aware of. From July 30 to August 8, 2024, Ohio will suspend sales tax on a wide range of items, including dine-in restaurant meals. Let's dive into what this means for your business and how you can make the most of this opportunity and avoid potential problems.
Author
Jun 17, 2024
Article

Mastering Inventory Management: The Key to Manufacturing Success

Inventory management is a critical component that can make or break a company's success when it comes to manufacturing. Effective inventory management ensures that you have the right materials, in the right quantities, at the right time, and in the right place. By mastering this essential aspect of your operations, you can reduce costs, improve efficiency, and ultimately, boost your bottom line.
Author
Jun 14, 2024
Article

The Hidden Cost of Doing Business in Multiple States: A Tax Perspective

As a business owner, expanding your operations into new states can be an exciting prospect. However, with growth comes new responsibilities, including the obligation to file taxes in those states. Unfortunately, not all businesses are aware of the potential pitfalls and risks associated with state and local taxes, leaving them vulnerable to scams and costly mistakes.
Author
Jul 24, 2024
Events

NOT Your Old-School Tax Holiday: We’ve Graduated to Everything

Join our State and Local Tax (SALT) team for an informal Q&A session on Ohio's upcoming tax-free holiday. Register Now!
Author
Jun 27, 2024
Events

Introducing a Brighter Way 401(k) Group Plan Solution

Join us for an informative webinar that will introduce you to A Brighter Way 401(k) Group Plan Solution. Our experienced panel will delve into the benefits of this innovative platform for plan sponsors and discuss how it can enhance efficiency for your practice. Learn about the roles and responsibilities of providers involved and discover where this solution fits within the small plan market. 
 
Jul 19, 2024
PR

Rea & Associates Wins ClearlyRated’s 2024 Best of Accounting 5 Year Diamond Award for Service Excellence

Rea & Associates, a leading accounting firm, announced today that they have won the Best of Accounting 5 Year Diamond Award for providing superior service to their clients for at least five (5) consecutive years. ClearlyRated's Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients.