Insights: Article

In a world increasingly driven by technology, cyber risks have become a formidable adversary for organizations across all sectors. However, when it comes to cyberattacks, one sector stands out as a prime target – nonprofits. We'll delve into the why and how of cyber risk management for nonprofits, exploring the challenges you may face and solutions to protect your mission-driven work.

Ohio Tax is embarking on a significant transformation of its internal software and taxpayer portal. It promises to bring a more user-friendly and modern experience to taxpayers and practitioners alike. This new system is live as of early September.

Many dental practice owners find themselves wearing multiple hats, trying to juggle clinical excellence, patient satisfaction, and the nitty-gritty financial details that keep the practice running smoothly. But what if you could regain more time to focus on what truly matters – your patients – while leaving the intricacies of bookkeeping and financial management in capable hands?

Technology is an integral part of almost every aspect of business operations. From streamlining processes to enhancing communication, technology has undoubtedly brought numerous benefits to companies. However, along with its advantages, technology also poses various risks that businesses must be vigilant about. For your business to operate successfully, you must explore the potential risks that technology can present and discuss strategies to mitigate them effectively.

As a responsible business owner, you know the significance of Employee Retention Credits (ERC) provided by the IRS to help businesses retain their workforce during challenging times. However, with the benefits of ERC comes the risk of scams and fraud targeting unsuspecting employers. Being vigilant and well-informed can shield your business from falling victim to fraudulent schemes. We will walk you through the signs of ERC scams and how to safeguard your business against potential threats.

There have been several recent changes to Ohio's operating budget for the biennium ending June 30, 2025. These changes encompass various tax provisions that may significantly impact your financial landscape. As your trusted Rea advisors, we aim to keep you informed and prepared for these modifications. Let's dive into the most impactful tax changes:

Every manufacturing company aims to stay ahead of the game in terms of managing resources effectively.

The economy of downtime is unforgiving—it grinds your business to a halt, racks up expenses, and keeps you from getting anything done.  Do you know how much downtime you should expect to deal with, and what it can cost you? What Is Downtime? Downtime is the term used for any period of time in which … Continued

Automating processes or systems in your business is a powerful way to increase your efficiency. By increasing your efficiency, you can spend the time you saved on tasks that add value to your business or personal life instead of on the repetitive processes and mundane tasks that we so often find ourselves doing.

Compliance issues are critical to maintaining a positive work environment, protecting your organization from legal liability, and retaining your workforce. The top three issues HR professionals face are manager/employee harassment policies and training, The Fair Labor Standards Act (FLSA), and pay equity.