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Nov 8, 2023
Ohio’s Marijuana Legalization Update – Resources & Best Practices from Rea & Associates
Ohioans voted in favor of Issue 2, a significant change in the state's legal landscape, with approximately 57 percent of voters supporting the measure. This decision legalizes the purchase, possession, and cultivation of marijuana for adults aged 21 and older, along with the implementation of a 10% sales tax on these products sold at licensed dispensaries.
Sep 22, 2023
Critical Security Considerations for Financial Data
The critical considerations involved in securing financial data through a comprehensive strategy that combines innovative technology with a strong emphasis on employee awareness and best practices deserve a close look.
Sep 15, 2023
Understanding the Corporate Transparency Act and How It Can Impact Your Business
The Corporate Transparency Act (CTA) is a federal law aimed at protecting national security and helping prevent money laundering through shell and front companies. When entities are created through the State, their beneficial owners’ information (BOI) is not collected. The CTA will require the reporting of this information to FinCEN starting Jan. 1, 2024.
Sep 14, 2023
Redefining Work Dynamics: A Close Look at Remote Work Best Practices, Obstacles, and Potential Advancements
In the landscape of modern work, remote work opportunities have emerged as a game-changer, reshaping how businesses operate and employees thrive. Whether you're a business owner, an HR professional, or part of an organization considering remote work options, it's crucial to understand the intricacies, benefits, and challenges of this paradigm shift. Here you will delve into the dynamic world of remote work, exploring best practices, identifying challenges, and uncovering the abundant opportunities it presents.
Sep 11, 2023
Powering Your Wallet: Understanding the Clean Energy Tax Breaks in the Inflation Reduction Act
The Inflation Reduction Act of 2022 provides numerous tax credits for clean energy initiatives. While too voluminous to list each credit and requirement, below are some programs that may benefit taxpayers who are interested in clean energy.
Sep 5, 2023
Important Update: DOL Extends Grace Period for New Login.gov Credentials
In an effort to enhance security and streamline access to government services, the Department of Labor (DOL) has made a significant change to the way retirement plan sponsors access their accounts. They are phasing out the old EFAST2-issued User ID and password and transitioning to a unified system called Login.gov. This change impacts anyone who needs to sign and submit their 2023 Form 5500 series, and it's crucial to stay informed to avoid potential filing problems or delays.
Aug 28, 2023
IRS Glitch Blamed for Erroneous Late Filing Notices Related to Retirement Plan Filings
An issue has been identified with IRS reporting related to Form 8955-SSA that may impact some of our clients, and we want to ensure that you are informed and well prepared to address any concerns that may arise.
Aug 2, 2023
Understanding Spend Management: Your Key to Success
As a business owner, you are constantly seeking ways to enhance efficiency, minimize costs, and drive your company toward greater success.
Jul 27, 2023
There’s a New Version of Form I-9: An Essential Update for Employers
The U.S. Citizenship and Immigration Services (USCIS) has made a significant announcement that will impact employers nationwide. Effective August 1st, a new version of Form I-9, the mandatory Employment Eligibility Verification form, will be introduced.
Jul 25, 2023
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