Insights: Article

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.

We’ve discussed the debt ceiling crisis in past articles, and now it’s back in the headlines. What does this mean, and why are we watching it now?

As a business owner, managing your finances can be overwhelming, especially if you're not a financial expert. However, it's essential to have a solid financial plan in place to ensure your business's success. One of the best ways to achieve this is by using your financial data to elevate your business and help you make informed financial decisions.

Several changes are coming that may impact users of QuickBooks Desktop (QB Desktop).

The Pregnancy Workers Fairness Act (PWFA) is a new law (signed by President Biden on December 29, 2022, under the Consolidated Appropriations Act, 2023) which goes into effect June 27, 2023. PWFA aims to protect pregnant workers from discrimination and ensure that they receive reasonable accommodations in the workplace.

Artificial Intelligence (AI) has become a buzzword in the tech industry, and with the emergence of platforms similar to Chat GPT, AI is becoming more accessible to businesses of all sizes.