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Blog
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.
Creative Solutions are Helping Restaurants Address Supply Chain Challenges
Restaurants continue to face significant pandemic-related challenges. From supply chain disruptions to staffing shortages, companies are heading into a third calendar year of difficulties that continue to change, leaving restaurateurs scrambling for solutions. The...
How Retailers Can Increase Sales
One of the most common concerns that I hear when working with retailers is that “we need more sales!” Of course, but sales are just one component of determining overall profitability as “costs” can also dictate whether a retailer makes or loses money. Retailers are...
Inflation, Cybersecurity, Labor Challenges Key Concerns for Investment Clients in 2022
Retirement plans and financial planners may be facing many questions when it comes to the economic outlook for 2022. After two years of uncertainty due to the COVID-19 pandemic, wild economic swings and political divisions, 2022 is shaping up to have its own set of...
Federal Excise Tax Considerations for Your Dealership in the New Year
As we begin the new year, I always recommend that our dealer clients take time to reflect and reassess the prior year and try to determine any areas where efficiencies could be achieved, and perhaps more importantly, revisit policies and procedures that could help...
Failure to Understand the Difference Between Subcontractor vs. Employee Can be Costly
A common issue we see taxpayers face is their ability to properly distinguish between a subcontractor and employee. Generally, employers must withhold income, Social Security, Medicare, and unemployment taxes on wages paid to an employee. However, if the individual is...
Tips to Prevent Foreign Object Contamination in Food Manufacturing
One of the biggest fears of any food manufacturer is the risk of foreign object contamination of their products. Yet, it seems that there is not a week that goes by without news of another recall related to some type of contamination or issue related to a foreign...
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