Posts by pwsadmin
Mid-Year Financial Review: The Habit That Separates Thriving Businesses from Surprised Ones
Too many business owners see their financial picture once a year — at tax time, when it’s too late to change anything. A mid-year review turns your books from a compliance chore into a management tool. A good mid-year review answers three questions. Are revenue and margins tracking against plan, and if not, which products…
Read MoreOccupational Fraud Still Costs Businesses 5% of Revenue — Here’s Where to Start
The Association of Certified Fraud Examiners’ newly released Occupational Fraud 2026: A Report to the Nations reaches a familiar conclusion: the typical organization loses an estimated five percent of its annual revenue to fraud. The 2,402 cases studied across 143 countries caused more than $3.4 billion in total losses, with a median loss of $104,000…
Read MoreWhat the One Big Beautiful Bill Act Means for Your 2025 and 2026 Taxes
The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, made the largest changes to the tax code since 2017 — and most of them are already in effect. The individual tax rates and brackets from the Tax Cuts and Jobs Act are now permanent, and the standard deduction has been raised…
Read MoreFraud News Post
“Too many corporate managers, auditors, and analysts are participants in a game of nods and winks. Managing may be giving way to manipulation; integrity may be losing out to illusion… How difficult it is to hold the line on good practices when their competitors operate in the gray area between legitimacy and outright fraud. The…
Read MoreTaxation News Post
The new 2018 withholding tables reflect the changes in tax rates and tax brackets, increased standard deduction and repeal of personal exemptions that were included in the new tax reform law signed in December. The withholding guidance issued today is for employers to make changes to their payroll systems and is designed to work with…
Read MoreAccounting & Business Management News
As laws change there are often times when a revenue stream, product, or service is no longer profitable or applicable based on updated law. A business owner needs to be prepared to pivot in a direction that will support sustainability and strategic growth and stay relevant to his/her client base. The best way for a…
Read More