NEWS RELEASE Contact Information: Abbey Bemis, COO 419-625-4942 abbeyb@pncpa.biz For Immediate Release: 8/29/2023 Payne Nickles & Company Recognized as an IPA 500 Firm in the 2023 INSIDE Public Accounting Practice Management Survey Sandusky, Ohio – Payne Nickles & Company, a leading advisory services firm, is proud to announce that it has been named …
Read More...
Governor Mike DeWine has recently enacted Amended Substitute House Bill 33 (HB 33), bringing significant benefits to Ohio businesses and their owners. This legislation, which includes several advantageous changes for taxpayers, will have a two-step implementation process. Operating appropriations are already in effect as of July 4, 2023, while the remaining provisions will come into …
Read More...
Mastering uncertainties and embracing predictability are among the most challenging aspects of managing construction projects. Work In Progress (WIP) schedules emerge as a powerful tool for taming these uncertainties as volatility becomes the norm. Their ability to provide real-time, actionable insights makes them an invaluable asset for savvy construction business owners. Demystifying WIP Analysis …
Read More...
As a business owner, your goal is to ensure your venture thrives and prospers. An essential aspect of this journey involves maintaining a clear, accurate financial perspective that allows you to make informed decisions. But what happens when accounting errors creep into this clear vision? These unintentional mistakes can significantly hinder your business’s growth and …
Read More...
As a construction business owner, navigating the financial intricacies of your industry can be daunting. Between managing contracts and tracking new regulations, the shift from ASC 840 to ASC 842 in lease accounting standards may seem like just another complexity. However, understanding these changes and their implications is key to ensuring your business’s financial stability …
Read More...
As a small business owner, every decision you make can significantly impact your business’s financial health and profitability. Among your numerous choices, selecting the right accounting method for your business stands out for its importance. The accounting method you opt for shapes your business’s bookkeeping practices, affects your financial reporting, tax liabilities, and profitability, and …
Read More...
As we increasingly embrace the post-pandemic era, the world of work has undergone a significant shift. Many companies have opted for remote work models, dispersing employees across various states and countries. However, while beneficial in many respects, this transition carries complex tax implications for businesses. Understanding and adapting these implications has become vital to business …
Read More...
Profit is the heart of success for any construction job, particularly in an industry known for its wafer-thin margins. Job costing is a powerful tool, helping forecast expenses and identify potential issues before they nibble away at your profit. How can the project be completed within the budget constraints? What risks loom on the horizon? …
Read More...
As we approach the halfway point of 2023, it’s the perfect opportunity to evaluate your business tax planning and determine ways to decrease your tax burden. Employing the right strategies can reduce your taxes, optimize your cash flow, and enhance your long-term financial success. In this article, we’ll introduce three tax strategies for 2023: Roth …
Read More...
Cash flow is a major concern for most construction firms. When cash is low, it could mean being unable to make payroll or purchase supplies for an upcoming project. If that happens, it’s more than the immediate profit at stake; you can damage your firm’s reputation and success. These tips can help you understand how …
Read More...
Home
Sign In
Make a Payment
Search