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Are you looking to review or enhance your small business tax strategy?

Are you looking to review or enhance your small business tax strategy?

You’re in luck. DHW Principal, Tim Reynolds, and Tax Manager, Matt McKinney, recently presented a webinar for the Small Business Center Network at the North Carolina Community College System. The hour-long webinar discussed a basic overview of common questions many...

PPP Income Tax Changes

PPP Income Tax Changes

The North Carolina Department of Revenue has announced that expenses that were funded with forgiven PPP loans are now deductible. This means that all recipients, both corporate and individual, that paid income tax on the loan in tax year 2020 are able to file an...

Audit Communications to Plan Sponsors More Robust Under SAS 136

Audit Communications to Plan Sponsors More Robust Under SAS 136

The AICPA’s Statement on Accounting Standards No. 136 (SAS 136) will meaningfully change the audit process for defined contribution plan sponsors. The AICPA issued SAS 136 in July 2019 with the goal of giving readers of the audit report a better understanding of the...

Why Do Small Businesses Fail?

Why Do Small Businesses Fail?

There is nothing like the excitement of starting your own business and being your own boss.  Branching out on your own can be extremely rewarding however, it can also bring many challenges from a financial and operational perspective. In fact, according to data from...

Internal Fraud – Ideas on How to Protect Your Company

Internal Fraud – Ideas on How to Protect Your Company

One of the most devastating issues that a company can face is internal fraud.  I’ve seen this impact the smallest and the biggest of companies.  Either way, the emotional, operational, and financial disruption that follows these incidents can be a challenge for...