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Laying the foundation for a successful succession plan
8/20/2019
As I prepare to retire from 415 Group this November, I’ve been reflecting on the succession process. When working in a service business like public accounting, you develop many personal relationships. These relationships, in many instances,...
Includes insights from Scott F. Whetstone
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How to Prepare for Your Business' Future Cash-Flow Gaps
8/16/2019
Ray Maynard, 415 Group Partner discusses how to get in front of your business' future cash-flow gaps.
Includes insights from Raymond A. Maynard
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Payroll Fraud Schemes Every Business Should Know
8/16/2019
According to the Association of Certified Fraud Examiners, nearly 30 percent of businesses are victims of payroll malfeasance, with small businesses twice as likely to be affected than large businesses. Here are four scary payroll fraud schemes you...
Includes insights from Matt D. Campanale
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Projecting Cash Flow for Highly Leveraged Real Estate Projects
8/15/2019
Chris Schatz, 415 Group Senior Manager discusses real estate transactions that are highly leveraged.
Includes insights from Christina M. Schatz
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I Owe Tax on That?
8/14/2019
Wages and self-employment earnings are taxable, but what about the random cash or financial benefits you receive through other means? If something of value changes hands, you can bet the IRS considers a way to tax it. Here are five taxable items...
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Smart Tactics to Manage Student Debt
8/14/2019
According to the Federal Reserve, U.S. student loan debt is now $1.5 trillion with more than 44 million borrowers. Only mortgage debt currently has bigger numbers among types of consumer debt. Even worse, more than 10 percent of these loans are past...
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Cash Flow Concepts That Can Save Your Business
8/14/2019
A sad and oft-repeated truth is that half of all new businesses fail within the first five years. Although many factors contribute to business failure, a common culprit is poor cash management. All businesses, large and small, must deal with the...
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Make Setting Salaries Easier With These 5 Steps
7/19/2019
Whether you are hiring for the first time, filling an open position, or conducting annual performance reviews, finding a salary range that attracts and retains valued employees can be a difficult task. Here are some suggestions to help make the...
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415 Group Named Top Ohio Workplace
7/15/2019
415 Group, a certified public accounting, business consulting and IT services firm, was named a top Ohio workplace by The Plain Dealer and Ohio Business Magazine. 415 Group ranked 55th on The Plain Dealer’s list of small-sized companies. The...
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Why Your Business Should Implement Internal Controls
7/3/2019
Dave Talenda, 415 Group Audit Partner discusses internal controls and the importance of internal controls within your organization.
Includes insights from David J. Talenda
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415 Group Ranked Among World’s Most Elite 501 IT Managed Service Providers
6/24/2019
Canton, Ohio (June 24, 2019) — 415 Group, a certified public accounting, business consulting and IT services firm, announced today that they have been named as one of the world’s premier IT managed service providers on the prestigious...
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415 Group Partner Chad Isler receives Twenty under 40! Award
6/18/2019
415 Group Partner Chad Isler, CPA, MT, received the Twenty under 40! award, an achievement presented by ystark!, a department of the Canton Regional Chamber of Commerce. The award recognizes young professionals who live and work in Stark County...
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5 Summer Tax Savings Opportunities
6/6/2019
Ah, summer. The weather is warm, kids are out of school, and it’s time to think about tax saving opportunities! Here are five ways you can enjoy your normal summertime activities and save on taxes: Rent out your property tax-free. If...
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Never Take on the IRS Alone
6/6/2019
Sleuthing your way through a tax audit by yourself is not the same as fixing a leaky faucet or changing your oil. Here are reasons you should seek professional help as soon as you receive a letter from the IRS: IRS auditors do this for a living...
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Watch Out! 7 Vacation Costs That Sneak Up on You
5/29/2019
Going on vacation is a time to get away, relax and enjoy new experiences. But if you don’t pay close attention, extra costs can sneak up on you like tiny money-stealing ninjas. Here are seven sneaky vacation costs to watch out for: Covert...
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You Know You Need Tax Planning If...
5/22/2019
Effective tax planning helps you make smart decisions now to get the future outcome you desire — but you need to make sure you don’t miss anything. Forget to account for one of these situations and your tax plans will go off the rails in...
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4 Key Elements of Great Business Books
5/22/2019
Your bookkeeping system is the financial heart and lifeblood of your business. When set up and operating properly, your books help you make smart decisions and seamlessly turn your financial data into useful information. Here are four key...
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Don't Leave Your Business Exposed
5/22/2019
Have you conducted a business insurance review lately? Changes in your business equipment, real estate holdings, the amount of inventory, and the number of employees are all good reasons to review your insurance. Here are a few policy review tips to...
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Every Business Needs Cash
3/25/2019
Focusing solely on sales and profits can create a surprise for any business when there is not enough cash to pay the bills. Here are five key principals to improve your cash management. Create a cash flow statement and analyze it...
Includes insights from Chad R. Isler
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checklist
7 Common Missing Tax Return Items
3/18/2019
Want your tax return filed quickly and without error? Then double-check this list of items that are often overlooked. These missing items often cause delays in getting your tax return filed: Forms W-2 and 1099. Using last year's tax return...
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