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DHW’s blog is your go-to source to hear our firm’s insight on topics that affect not only the accounting industry, but also the industries in which we serve our clients.
Critical KPI’s For Restaurants
Running a successful restaurant requires a blend of great food, service, and operational efficiency. To understand how well your restaurant is performing and identify areas for improvement, tracking Key Performance Indicators (KPIs) is essential. KPIs can be used to...
Tax Relief Updates for North Carolina Residents Impacted by Hurricane Helene
As North Carolina continues its recovery efforts following the devastating impact of Hurricane Helene, important tax relief measures have been introduced to aid residents and businesses affected by the storm. Both the Internal Revenue Service (IRS) and the North...
How Retailers Can Effectively Manage Excess Inventory
For retailers, excess inventory can be a significant challenge. Whether it's due to seasonal fluctuations, changing consumer preferences, or unexpected market conditions, having surplus stock can tie up valuable resources such as storage and cash, and can hinder...
Top Areas of Tax Exposure and Audit Risk for Restaurants
Whether it be an examination by the Internal Revenue Service (IRS) or a state or local government, an audit of your books and records can undoubtedly bring unwanted anxiety, be a drain on resources, and in some cases, prove costly if your entity is found to be...
Recession Proof Your Restaurant
As talk of a looming recession continues to dominate the daily headlines, restaurant owners should strongly consider the consequences of such an event and take a proactive approach to ensuring they are prepared to navigate through another challenge facing the...
Steps to Becoming Compliant: Sales and Use Tax
The majority of U.S. states require businesses to collect and remit sales and use taxes, regardless of whether the business is physically located in the state or not. Tackling sales tax upfront is critical to reducing potential tax liabilities of the company and...
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