Insight Tag: Business Planning
Article
Protecting Your Mission: A Not-for-Profit Leader’s Guide to Risk Assessment
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 different types of risk isn't just about compliance – it's about building a stronger foundation for your mission.
Article
The Emerging AI Threats for Business: Staying Ahead of Challenges
Artificial Intelligence refers to computer systems designed to perform tasks that typically require human intelligence. These include problem-solving, learning, planning, and understanding natural language. While AI has existed in various forms for decades, recent advancements have led to its widespread adoption across industries.
Aug 22, 2024
Article
Tax Planning Engineered for Profit: Smart Moves for Business Owners
You are probably getting lots of advice on how to run your business. But what if thinking ahead for year-end tax planning makes the difference in how successful your year can be? This could be the key to putting more money back into your business and setting yourself up for a fantastic year ahead.
Article
Protecting Your Business from Modern Cyber Threats: What You Need to Know
Businesses of all sizes face an increasing array of cyber risks. As your trusted advisors, we want to shed light on three prevalent threats that could impact your business: ACH fraud, payment redirects, and business email compromise (BEC) schemes. Understanding these risks and knowing how to protect against them is crucial for safeguarding your assets and maintaining trust with your customers and partners.
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.
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.
Blog
Important Notice: 2023 Ohio Individual Income Tax Return Processing Issue
We want to bring your attention to a significant processing issue affecting some 2023 Ohio individual income tax returns. Our tax team has identified an emerging situation that may impact clients who received interest income reported on Form 1099-INT during 2023.
Events
Legacy in Progress: The Essential Guide to Exit Planning (Zanesville)
Are you a business owner looking to secure the future of your company? Don’t miss out on this invaluable opportunity to gain insights into the intricate world of exit planning. At this event hosted by Rea & Associates, you’ll hear from industry specialists who will guide you through the exit planning process, covering crucial aspects … Continued
Dec 2, 2024
Newsletter
Plain & Simple | Fall 2024
As we wrap up 2024, I'm filled with gratitude and excitement following our most successful Manufacturing Day event yet. The energy and engagement from all who attended made it truly special, and I want to personally thank each of you who joined us. Your participation and enthusiasm continue to make this annual gathering a cornerstone event for our manufacturing community. If you missed it, you can view the presentations here: www.reacpa.com/mfg-day-video.
Aug 2, 2024
PR
Rea Climbs to No. 71 on INSIDE Public Accounting’s Top 100 List for 2024
Rea & Associates, a leading CPA (Certified Public Accounting) and business advisory firm headquartered in New Philadelphia, Ohio, secured the 71st position on INSIDE Public Accounting's (IPA) 2024 Top 100 Accounting Firms List. This achievement marks a significant advancement for Rea in the prestigious annual ranking.