Join Becca Davis, Director of Practice Growth at Rea & Associates, and Brad Circone, President and Founder of Circone + Associates to discuss the exciting changes in store for unsuitable on Rea Radio.

Listen to this episode of unsuitable to learn:

• What changes are happening to unsuitable
• Why it’s time for a rebrand
• How far we’ve come

Learn more about this topic:

• Listen: Brands Aren't Wrong - CEOs Are
• Listen: How A Bad Band With A Great Brand Secured 3$.6M Record Deal
• Read: 7 Habits of Highly Successful Marketers

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

John Hanning is Principal at Specialty Tax Group and he’s here to talk about how we can optimize the current, post-pandemic tax landscape to our advantage using the concepts they’re developing. 

Listen to this episode of unsuitable to learn:

• How Specialty Tax advances the tax industry through the use of technology
• Cost segregation: what it is and how it works
• How manufacturing facilities and processes have changed with COVID

Learn more about this topic:

• Visit: Specialty Tax
• Read: Tax Preparation & Planning for Businesses 
• Watch: Tax Season Post-Mortem

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

CPA and senior manager here at Rea, Andrew Geiser, is joining us today to unpack some of the issues businesses in manufacturing are facing, and provide some insights into what comes next.

Listen to this episode of unsuitable to learn:

• The past, present, and future of supply chain issues
• Mitigating the effects of labor shortages
• The importance of manufacturing

Learn more about this topic:

• Watch: 5th Annual Manufacturing Education Day
• Read: Confronting the National Labor Shortage
• Read: COVID-19 Pandemic | Lessons Learned

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Since 2003, October has been recognized as cyber security awareness month. Cybersecurity expert at Rea, Ty Whittenburg, joins us today to discuss the importance of cybersecurity and how it can help protect your business.

Listen to this episode of unsuitable to learn:

• What Cybersecurity Awareness Month is
• What cyber attacks look like
• Examples of cyber attack stories

Learn more about this topic:

• Listen: Episode 301: Cyber Criminals Won't Back Down. Is Your Organization Safe?
• Read: Cybersecurity | Business Risks To Know
• Listen: National Security At Risk

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Mark Dowd, Chief Development Officer at InfoGPS, discusses what every organization should have in their tool box to protect from threats, current trends, and more.

Listen to this episode of unsuitable to learn:

• What the scope of cyber threats looks like
• Common mistakes that many businesses make regarding cybersecurity
• What comes next in the field of cybersecurity

Learn more about this topic:

• Read: Cybersecurity Risk Assessment Reveals Danger
• Read: Cybersecurity | Business Risks To Know
• Listen: National Security At Risk

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Our guest on today’s episode of unsuitable is vice president of Overmyer Hall Associates and insurance and risk management expert in the fields of contracting, real estate, and manufacturing, Joe Urquhart. Joe is here to talk to us about the current state of insurance and some important considerations as we move in 2022.

Listen to this episode of unsuitable to learn:

• What business owners need to be aware of regarding insurance changes
• Managing risk through COVID
• How the market is adapting to current changes

Learn more about this topic:

• Read: Cybersecurity | Business Risks to Know
• Listen: Problem Hunting vs. Threat Hunting
• Watch: Manage Your Cybersecurity Risk Exposure

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

We’re going to answer the big question business owners are asking concerning ESOPs: “What’s in it for me?” And to help us answer this question, we have ESOP expert, Ted Lape, back with us to dig into the topic. 

Listen to this episode of unsuitable to learn:

• What the various forms of ownership transitions are
• The current outlook for business owners looking to transition
• How to prepare for ownership transition and what risks to be aware of

Learn more about this topic:

• Listen Episode 205: “What Is An ESOP & How Does It Work?”
• Read: ”Exit Planning Options Every Business Owner Over 50 Should Know”
• Listen Episode 221: “How To Successfully Exit Your Business”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Founded in 1996 by the American Payroll Association, National Payroll Week celebrates employees and the payroll professionals that pay them. While there may not be a better feeling than pay day, do you know about the process that gets the money to your pocket?

Our guest on today’s episode of unsuitable is client service specialist and payroll services manager here at Rea, Dee Gray. Dee helps businesses understand the future of their payroll and the systems behind payroll.

Listen to this episode of unsuitable to learn:

• How to deal with the new payroll tax treatment legislation
• The impact of the Employee Retention Credit
• Changes in payroll technology

Learn more about this topic:

• Read: “Opt-Out of Sharing Employee Payroll Info”
• Read: “Outsourced HR Solutions | Small Business Corner”
• Watch: “Hiring a Remote Workforce Has Consequences”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Our guest on today’s episode of unsuitable is author, podcast host, and co-founder of Performance Support Systems, Meredith Bell. Meredith helps teams of all shapes and sizes 

communicate more effectively in order to achieve their true potential. She joins us today to discuss how to better connect with your team, and how to master ten crucial communication skills you need to thrive.

Listen to this episode of unsuitable to learn:

• The myth of multitasking
• Mastering the top 10 communication skills
• Avoiding groupthink

Learn more about this topic:

• Listen: “Are Your Employees Happy?”
• Watch: “Hire More Employees and Keep Them Happy”
• Listen: “How to Build Company Morale in a Virtual World”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Jim Suttie, a principal on Rea’s lease accounting task force, is here to provide some much-needed insight into what this new standard means and how to start preparing. 

Listen to this episode of unsuitable to learn:

• The new standard for accounting for leases
• The biggest differences between the old and new standards
• The side effects of the new standard

Learn more about this topic:

• Read: What The New Lease Accounting Standard Means For Your Business
• Read: New Lease Accounting Standard
• Listen: Lease Accounting Changes Explained

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

You can plan and strategize and plan some more – right up until the day you receive your last paycheck – and still be shocked by how different your expectations were from reality. 

Today we’re going to catch up with unsuitable legend, Dave Cain, to learn what he’s been up to since retiring from Rea and the podcast and find out what he would do differently to prepare for retirement if he could do it all again.

Listen to this episode of unsuitable to learn:

• How life after retirement differs from our expectations
• How to be ready for retirement – if that’s possible
• Advice for gearing up for retirement

Learn more about this topic:

• Listen: “Personal Financial Planning Changes”
• Read: “Your Solo 401(k) Plan Is On IRS' Audit List”
• Listen: “The Permanent Vacation | Retirement Planning”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

On this week’s episode of unsuitable, tax guru and Rea principal, Christopher Axene, is here to give us some insight into the current tax climate as well as to provide us with a glimpse into his crystal ball.

Listen to this episode of unsuitable to learn:

• Updates on the ACA Supreme Court case
• Changes to employee retention credit for 2021
• Outlooks for tax increases

Learn more about this topic:

• Listen: “Tax Pros Tackle CARES Act, PPP & ERC This Busy Season”
• Read: “Consolidated Appropriations Act of 2021 | Tax Provisions Explained”
• Listen: “Busy Season Just Got Busier: Tax Updates, Deadlines, & Biden's Plan”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

We’re going to separate fact from fiction when it comes to bots in the workplace and we’re bringing on Lesley Mast, a Rea principal and leader in our own efforts to implement robotic process automation. We’re going to talk about what it is, what it isn’t, and how it can be used to drive greater levels of efficiency all while freeing up your human workforce and taking your business to the next level!

Listen to this episode of unsuitable to learn:

• What automation is and how it applies to businesses
• What can and can’t be automated
• Next steps for RPA

Learn more about this topic:

• Read: “Transforming Through Technology”
• Read: “Digital Advantage Post-COVID-19”
• Listen: “Take Your Accounting Into The Cloud”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Today, Jorn Baxstrom and Shawn Richardson are back to talk about the operational differences between the two and whether the service provider you’re currently working with is focused on helping you hunt for problems in your business... or threats. 

Listen to this episode of unsuitable to learn:

• The difference between hunting for problems and hunting for threats
• The operational differences between MSP and MSSP
• Resources to learn more

Learn more about this topic:

• Listen: “MSP vs MSSP: What's The Difference”
• Watch: “Are You Managing Your Cybersecurity Risk Exposure?”
• Read: “PrintNightmare Is A Nightmare For Businesses”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Culture design strategist, Steve Chaparro, has helped companies transform their workplace culture through intentional co-creation and communication and regularly talks about this topic as a keynote speaker. He shares what insights he has on developing an envy-inducing company culture.

Listen to this episode of unsuitable to learn:

• How to lay the foundation of company culture
• How to change culture after a negative impact
• How to know when employees are happy (and how to keep them that way)

Learn more about this topic:

• Listen: “Employee Benefits in the Workplace”
• Watch: “Hire More Employees and Keep Them Happy”
• Listen: “How to Build Company Morale in a Virtual World”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Jillian Carpenter is an associate on Rea’s client advisory services team where she spends a lot of time with technology. She’s going to share some of the many virtues of QuickBooks Online with us and, ultimately, why she enjoys working with the program. 

She’s also going to throw in a few tips and best practices for those of you who are already using the program.

Listen to this episode of unsuitable to learn:

• Converting from desktop QuickBooks to Online
• The best QuickBooks Online features
• Pro-tips for QuickBooks Online

Learn more about this topic:

• Watch: “Leaping Into The Cloud With QuickBooks Online”
• Read: “QuickBooks Online Vs. QuickBooks Desktop”
• Listen: “Zen and the Art of Bookkeeping”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Kim Veal, a leader on Rea’s ERISA team, is here to walk us through what’s changing, how it will impact your businesses, and how you can avoid complications during the audit process by preparing for SAS 136 today. 

Listen to this episode of unsuitable to learn:

• What’s changing with SAS 136 and how it impacts businesses
• The new responsibilities companies face
• What businesses can do to prepare

Learn more about this topic:

• Read: “What Is SAS 114”
• Listen: “Employee Benefits in the Workplace”
• Watch: “How to Hire More Employees & Keep Them Happy”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

The Department of Defense recently implemented The Cybersecurity Maturity Model Certification to help protect America as well as businesses that work for the Department of Defense. 

Ty Whittenburg, a senior team member on Rea’s cybersecurity and data protection team, is here to explain what CMMC is, what it means for business, and how business owners can implement the processes necessary.

Listen to this episode of unsuitable to learn:

• What CMMC is
• What’s in a System Security Plan
• How to implement CMMC requirements

Learn more about this topic:

• Watch: “CMMC: Are You on a Collision Course?”
• Listen: “MSP vs MSSP: What's the Difference?”
• Read: “Are There Holes in Your Data Security Infrastructure?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Brian Ahearn has literally written the book on the art of persuasion and influence: it’s called Persuasive Selling for Relationship Driven Insurance Agents. His first book, Influence PEOPLE, was an Amazon bestseller and was named among the Top 100 Influence Books of All Time. Brian joins us to explain how your ability to master persuasion has a direct impact on your bottom line.

Listen to this episode of unsuitable to learn:

• What pre-suasion is
• The importance of persuasion in selling
• The DEAL model for persuading people

Learn more about this topic:

• Listen: “Revealing the Psychology of Persuasion”
• Book: Persuasive Selling for Relationship Driven Insurance Agents
• Read: “The Definitive List: Top 100 Professional Development Resources”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Doug Feller, a principal with Investment Partners, has watched the COVID fallout closely with regard to the changes in financial planning habits. Today he’s going to share his observations and give us some tips to help us get back on track.

Listen to this episode of unsuitable to learn:

• The upside of having a financial plan
• How spending habits have changed
• Changes in how clients adopted technology

Learn more about this topic:

• Listen: The Permanent Vacation
• Read: Never Underestimate The Power Of Automatic Enrollment
• Read: Tips For Improving Cash Flow

If you like this episode of unsuitable on Rea Radio hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

While planning for an ownership transition isn’t necessarily the easiest task you’ll undertake, it can be rewarding – particularly if you work with the right advisors. 

Tim Jamison has been the “right advisor” for many business owners over the years. As a CPA and director at Prairie Capital Advisors, Tim has helped pave the way through many ownership transitions.

Listen to this episode of unsuitable to learn:

• The various forms of ownership transitions that a business owner should consider
• What business owners can do to prepare for ownership transition
• The risks to be aware of during ownership transition

Learn more about this topic:

• Read: It's Time To Reassess Your Business | Turn Lemons Into Lemonade
• Listen: Bill Ubbing Talks Succession Planning | Retirement For Business Owners
• Read: SECURE Act Ushers In Substantial Retirement Plan Changes

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Scott Wiley is the Ohio Society’s executive director. Since joining the OSCPA in 2013, Scott has made considerable strides to strengthen the organization and its mission of promoting more substantial businesses and a better regulatory environment throughout the state. In doing so, he continues to help make the Buckeye State more competitive by fostering diversity, equity, and inclusion. He talks about how the Ohio Society is furthering its mission over the next year and beyond.

Listen to this episode of unsuitable to learn:

• What the OSCPA is doing to make Ohio more competitive
• What the DEI initiatives are
• How Ohio is rethinking business as usual

Learn more about this topic:

• Listen: The Rise Of Central Ohio's Development
• Read: An Update On The Construction Industry & COVID-19 – OSCPA
• Listen: Episode 264: Real Estate Developers, Contractors, & Manufacturers … Oh My!

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Jennifer McDonald, president and CEO of the Licking County Chamber of Commerce, shares what the chamber has done to help Licking County-area businesses over the last year. We also discuss the many reasons business owners should reach out to their local chambers if they haven’t done so already.

Listen to this episode of unsuitable to learn:

• Lessons learned during COVID
• How the Chamber of Commerce in Licking County is helping businesses
• Trends, opportunities, and challenges in the community

Learn more about this topic:

• Read: Equal Opportunities To Succeed
• Watch: The Manufacturing Outlook 2020 Webinar Series | Growth & Profitability
• Read: Digital Advantage Post-COVID-19 | Client Advisory Services

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Kathy LaMonica, principal and senior manager of Rea’s State and Local Tax (SALT) team is here to discuss the layers of remote work and what landmines do you need to be aware of, registering for payroll taxes in new states, and more.

Listen to this episode of unsuitable to learn:

• What remote work looks like for SALT
• What out-of-state employment means
• Registering for taxes in new states

Learn more about this topic:

• Read: IRS Endorses State And Local Tax Deduction Cap Workaround
• Listen: States Turn To Businesses To Bridge Revenue Gap
• Listen: Ohio's State And Local Tax Update

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

On this episode of unsuitable, we are pleased to have notable keynote speaker, best-selling author, and salesman extraordinaire Todd Cohen with us to answer a few questions all business owners and community leaders have pondered at one point or another. 

Hopefully, by the time today’s show comes to an end, we will all be motivated to get out there and start selling.

Listen to this episode of unsuitable to learn:

• Why sales seems so scary to people
• How anyone can sell effectively and successfully
• Getting over the fear of sales

Learn more about this topic:

• Listen: Employee Benefits In The Workplace
• Read: 7 Habits of Highly Successful Marketers
• Listen: Working Together: Businesses & Nonprofits

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Brad Circone is a branding expert who has helped develop the brand voice of countless companies. We’re going to talk about why brand is, ultimately, so important to the future success of your organization.

Listen to this episode of unsuitable to learn:

• How to know when to break the rules
• The value of story holders
• How to reframe your brand

Learn more about this topic:

• Listen: How A Bad Band With A Great Brand Secured $3.6M Record Deal
• Read: 7 Habits of Highly Successful Marketers
• Listen: How To Build Company Morale In A Virtual World

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Karen Sating, a leader on Rea’s HR team shares what Rea is doing to shape the work-place environment and reinforce a “people-first” culture. Perhaps our conversation today will provide you with some ideas about how to take your own organization to that next level – particularly as you continue to compete for top talent.

Listen to this episode of unsuitable to learn:

• How to create flexible work options
• Ways to prioritize health, well-being, and psychological safety
• Handling talent acquisition, development, and retention remotely

Learn more about this topic:

• Read: Post-COVID Workplace Re-Entry Considerations
• Listen: How To Build Company Morale In A Virtual World
• Watch: The Risks Of Remote Work Policies

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

When it comes to the topic of relationships, there are so many avenues we could take. In this episode of unsuitable, we are going to take a look at the incredible relationship that has formed between Travis Gulling, executive director of A Kid Again, and Rick Ricart, president of Ricart Automotive Group, and how working together has helped fill the lives of area children, all of whom are battling life-threatening illnesses, with adventure.

Listen to this episode of unsuitable to learn:

• What “A Kid Again” is and provides for families
• How the organization pivoted during COVID-19
• How to get involved

Learn more about this topic:

• Listen: Tax Pros Tackle CARES Act, PPP & ERC This Busy Season
• Read: Consolidated Appropriations Act of 2021 | Tax Provisions Explained
• Read: Exempt Organizations Check | IRS Non-Profit Search Tool

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at reacpa.com/podcast. 

Darlene Finzer, a Later Life Planning expert at Rea & Associates, is here to discuss what later life planning is, why it’s important, and how a professional in this field can help you plan – and experience – the retirement of your dreams.

Listen to this episode of unsuitable to learn:

• What the Later Life Planning Services are
• Why Later Life Planning is important
• Why to work with a professional

Learn more about this topic:

• Read: Never Underestimate The Power Of Automatic Enrollment
• Read: Now & Later: Don't Just Plan For Your Next Vacation
• Listen: How To Prepare For The Financial Anxiety Of Retirement

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Shawn Richardson and Jorn Baxstrom, leaders on Rea’s cybersecurity and data protection services team, are here to explain these differences and why your business should be paying attention to who is responsible for your data.

Listen to this episode of unsuitable to learn:

• The difference between MSPs and MSSPs
• How managed security services differ between vendors and partners
• The importance of monitoring your data and knowing who owns it

Learn more about this topic:

• Watch: Are You Managing Your Cybersecurity Risk Exposure?
• Read: Dental Practice Protection From Cybercriminals
• Listen: Episode 266: How Are They Stealing My Information? Fraud Protection 101

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Luke Lucas, a senior manager on Rea & Associates’ state and local tax team, is here to give us some insight into how different states have responded to the CARES Act, federal tax updates, and ongoing nexus guidance. He also explains how state and local taxes impact businesses all year long and what you should do to minimize your liability.

Listen to this episode of unsuitable to learn:

• What state responses to the CARES Act and Consolidated Appropriations Act have been like
• The changes that have taken place during the pandemic
• How 2021 budgets have changed and what to look out for

Learn more about this topic:

• Read: 2020-21 Tax Guide Provides Clarification For Businesses, Individuals
• Listen: Busy Season Just Got Busier: Tax Updates, Deadlines, & Biden's Plan | Business Podcast
• Listen: Episode 271: More Than Taxes: Tax Pros Tackle CARES Act, PPP, & ERC This Busy Season

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Andrew Geiser, a senior manager on Rea & Associates’ manufacturing and distribution services team, shares his projections for 2021.

Listen to this episode of unsuitable to learn:

• How the labor market may be affected by unemployment extensions
• Why marketing and sales work are essential to the functions of a business
• What projects are in the works for the future

Learn more about this topic:

• Read: 2020-21 Tax Guide Provides Clarification For Businesses, Individuals
• Listen: Real Estate Developers, Contractors, & Manufacturers
• Read: SBA Releases Interim Final Rule, Extends PPP Eligibility

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Chris Axene, a principal on Rea’s federal tax team, explains what accountants and tax pros are working through today, what businesses can expect going forward, and how to plan for these changes.

Listen to this episode of unsuitable to learn:

• The major updates made to tax provisions that impact 2021
• What to look out for with Biden’s plan
• The deadlines this year and advice for the busy season

Learn more about this topic:

• Listen: Tax Pros Tackle CARES Act, PPP & ERC This Busy Season
• Read: How The Consolidated Appropriations Act Will Impact Your State & Local Tax Filings
• Read: Consolidated Appropriations Act of 2021 | Tax Provisions Explained

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Laura MacDonald, principal and founder of Benefactor Group, is here to provide insight into what she witnessed as a leader in the nonprofit space during 2020 and what opportunities nonprofits and individuals alike might want to consider in 2021.

Listen to this episode of unsuitable to learn:

• The opportunities COVID relief brought tax-wise
• What to consider when selecting recipients of charitable gifts
• How to plan your gifts for strategic impact

Learn more about this topic:

• Listen: Tax Pros Tackle CARES Act, PPP & ERC This Busy Season
• Read: Consolidated Appropriations Act of 2021 | Tax Provisions Explained
• Read: Exempt Organizations Check | IRS Non-Profit Search Tool | Ohio CPA Firm

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

On this week's episode of unsuitable on Rea Radio, Greg Speece and Melissa Dunkle, two principals and tax superstars on Rea & Associates' federal tax team are going to talk about potential tax law changes, stimulus updates, the employee retention credit (ERC), and lingering issues from the CARES Act.

Listen to this episode of unsuitable to learn:

• Stimulus updates
• Potential tax law changes
• 2021 projections for the tax season

Learn more about this topic:

• Read: PPP 2.0: Frequently Asked Questions
• Read: Why Your Business Should Invest in Tax And Accounting Services
• Watch: Understanding The Employee Retention Credit

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Abbey Kanellakis, Practice Growth Senior Manager at Rea, is going to talk about our initiatives within Rea to keep virtual life engaging, known as the Committee of Awesomeness.

Listen to this episode of unsuitable to learn:

• The challenges with keeping up morale in a remote environment
• How to increase the connection through virtual platforms
• How to get people involved in the process

Learn more about this topic:

• Read: Appreciation In The Workplace
• Read: 3 Signs Your Company Needs An HR Consultant
• Listen: Gratitude Strategies For Business & Life

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Chip Holcombe, Director of Investor Relations at Columbus 2020, joins unsuitable to give us a little insight about the One Columbus plan.

Listen to this episode of unsuitable to learn:

• What the One Columbus Work Plan is
• The vision for the plan and how it’s being marketed
• Involving the community in the plan

Learn more about this topic:

• Read: An Update On The Construction Industry & COVID-19 – OSCPA
• Read: 7 Steps Construction And Real Estate Professionals Need To Take In 2021
• Listen: Episode 264: Real Estate Developers, Contractors, & Manufacturers … Oh My!

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Darrell Williams, Chief Information Officer at Rea & Associates, joins unsuitable to talk about a few IT initiatives Rea is doing to ensure information safety.

Listen to this episode of unsuitable to learn:

• How IT enhances remote experiences to create better relations between people at a firm
• How to create one firm out of 15 offices
• Changes in the IT world in 2021

Learn more about this topic:

• Read: "Digital Advantage Post-COVID-19 | Client Advisory Services"
• Listen: "Telecommuting & The Workplace of The Future | Ohio Business Podcast"
• Read: “Running Business Remotely | Technology, Trust, Tax”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Annie Yoder, Principal and Director of Development at Rea & Associates, joins unsuitable to talk about how you can balance employee development amongst a broad scale and the differences between Coaching, Mentorship, and Advocacy.

Listen to this episode of unsuitable to learn:

• How to balance different learning styles
• Advice for training during a pandemic
• Similarities and differences between coaching, mentorship, and advocacy

Learn more about this topic:

• Read: 3 Signs Your Company Needs An HR Consultant
• Listen: Business Owners Can’t Do It All
• Read: Data-Driven Opportunities For All

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Karen Davis, owner and founder of Green Oak Advisors, LLC is here to talk about fraud and how it can impact your accounting processes.

Listen to this episode of unsuitable to learn:

• What fraud is and how it occurs
• The reasons fraud occurs
• The precautions employees or clients should take

Learn more about this topic:

• Read: Protect Your Business From COVID-19 Cyber Attacks In 3 Steps
• Read: Internal Controls | Segregation of Duties | Fraud
• Listen: How To Uncover Fraud In Your Organization

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Inez Bowie, Principal at Rea & Associates, is here to talk about Estate Planning and how recent events may impact your plan.

Listen to this episode of unsuitable to learn:

• Recommendations for estate planning considerations regarding COVID-19
• The changes we may see in Biden’s legislative proposal
• Trends and development in estate planning

Learn more about this topic:

• Read: Estate Planning Explained | Estate Taxes For Business Owners
• Read: Consolidated Appropriations Act of 2021
• Listen: Government Updates: Merger & Considerations For Clients

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Joe Urquhart, Vice President of Overmyer Hall Associates, joins unsuitable to talk about construction trends we are seeing, insurance and risk management issues you may be facing, and our third annual construction event.

Listen to this episode of unsuitable to learn:

• Insurance and risk management issues for contractors
• What should business owners be expecting in 2021?
• How you can attend our virtual January Kickoff construction event on Jan. 22, 2022

Learn more about this topic:

• Read: “Are You Aware Of These 5 Construction Industry Risks?”
• Read: “IRS Issues Guidance That Impacts Deductibility Of Expenses Related To PPP Loan Funds”
• Listen: “Episode 258: How To Protect Your Workplace: Construction & Manufacturing Safety”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Luckily, we have experts like Renee West, Senior Manager and Lead HR Consultant at Rea & Associates, keeping tabs on everything for us. She tells us about some of the updates regarding the FFCRA, what resources are available for employers around new CARES Act guidelines, and how COVID-19 impacts unemployment.

Listen to this episode of unsuitable to learn:

• Updates regarding FFCRA leaves set to expire December 31st, 2020
• Resources are available for employers with CDC updates regarding COVID and new guidelines
• Unemployment and COVID-19 eligibility

Learn more about this topic:

• Watch: Next Steps In COVID-19 HR Protocols & Compliance
• Read: IRS Endorses State And Local Tax Deduction Cap Workaround
• Listen: How To Prepare For The Financial Anxiety Of Retirement | Featuring Chris Hensel

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

To help us understand what’s different this year and some of the unique opportunities available to us, we sat down with Dee Gray, Client Service Specialist at Rea & Associates. We talk about COVID-19 sick pay and the credits available, as well as W2 reporting, Employee Retention Credit, Social Security deferral options—both employer and employee—and W2 issues involved in the employee deferral.

Listen to this episode of unsuitable to learn:

• COVID-19 sick pay and how it affects W-2 reporting
• The effect of employee retention credits
• Social security deferral options and the potential issues involved

Learn more about this topic:

• Watch: "New CARES Act Funding To Help Small Business & Nonprofits"
• Read: "Payroll Tax Deferral Insight"
• Read: “IRS Issues Guidance That Impacts Deductibility Of Expenses Related To PPP Loan Funds”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

So we sat down with Zac Morris, Principal and Director of Government Services Practice at Rea & Associates, and Ken Richards, Principal at Rea & Associates, to talk about the latest and greatest in government funding and our most recent merger with Kennedy Cottrell Richards (KCR).

Listen to this episode of unsuitable to learn:

• What should businesses be prepared for when it comes to government spending in 2021?
• The long-term effects of 2020’s reduced tax payments
• What we can learn from The Great Recession

Learn more about this topic:

• Webinar: “Next Steps In COVID-19 Protocols & Compliance”
• Read: “IRS Issues Guidance That Impacts Deductibility Of Expenses Related To PPP Loan Funds”
• Listen: “Episode 255: Under Pressure: States Turn To Businesses To Bridge The Revenue Gap”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

That’s why Don Gregory, Director and Chair of Construction Law Practice at Kegler, Brown, Hill & Ritter, and Mike Madigan, Director at Kegler Brown, are here to share the top trends and issues in the corporate legal industry, as well as what they foresee for 2021.

Listen to this episode of unsuitable to learn:

• The current state of the corporate legal industry
• Issues in the legal space that might affect your business
• What to expect from 2021 and after the election

Learn more about this topic:

• Listen: “Episode 226: Legal Risks And How To Avoid Them”
• Listen: “Episode 247: It’s An Election Year, What Should I Be Asking My CPA?”
• Read: “You Built A Business. You Grew Its Value. Now You Need To Protect It.”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Chris Hensel, Principal at Investment Partners, joins the show to share insight on how you can calm your financial anxiety about retirement.

Listen to this episode of unsuitable to learn:

• What an investment advisor does and how they can assist you
• What to do when approaching retirement
• How to prepare for the financial anxiety of retirement

Learn more about this topic:

• Read: "Darlene Finzer Answers Social Security Questions"
• Listen: "Episode 257: Riding The Rollercoaster To Retirement"
• Read: “Six Practical Tips For Retirement Readiness”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.

Travis Spagnolo, Certified Safety Specialist at Safex, joins this episode of unsuitable to share a few best practices and stories on how your workplace can prevent serious injury.

Listen to this episode of unsuitable to learn:

• Updates to lockout/tagout requirements
• Differences in general industry and construction requirements
• Unique guarding and lockout scenarios

Learn more about this topic:

• Watch: "Elements of Risk In Construction"
• Listen: episode 187 – what are you walking into?
• Read: “You Built A Business. You Grew Its Value. Now You Need To Protect It.”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

And Kim Veal, Supervisor at Rea & Associates, is here to give insight on what to expect with your retirement plan and how you can receive help.

Listen to this episode of unsuitable to learn:

• What you should know about your retirement plan
• How to get help
• What to expect when you’re expecting to retire

Learn more about this topic:

• Read: "Six Practical Tips For Retirement Readiness"
• Listen: “Episode 232: How Changes To Retirement Plans Make Everybody More Secure”
• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Michaela McGinn, Principal and Director of Assurance Services at Rea & Associates, is here to share a few best practices to help you prevent a tax audit horror story.

Listen to this episode of unsuitable to learn:

• Collaboration pros and cons
• Filling the communication gap
• Effective project management

Learn more about this topic:

• Read: It's Time To Reassess Your Business
• Read: Income Tax Return Examinations Of High-Income Individuals To Begin July 15
• Read: Don’t Wait For An I-9 Audit

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Joe Popp, Principal and Director of SALT Services, is here to give insight on state revenues and departments, tips that could help preserve state business, and what you can do to not be at risk.

Listen to this episode of unsuitable to learn:

• Why states are under so much financial pressure right now
• What is happening in Ohio and other states right now
• What to consider as a taxpayer

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Read: “COVID-19 Is Accelerating The Rise Of The Digital Economy”
• Read: “Searching for a Tax Exempt Organization?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Today, Scott Bechtel, Principal at Rea & Associates, is here to give insight on the construction industry, what he foresees in the future, and how you can create a strong foundation for your business by choosing the right advisor.

Listen to this episode of unsuitable to learn:

• How the construction industry is adapting
• Where the construction industry is headed
• Getting involved at a local level

Learn more about this topic:

• Listen: "COVID-19 Isn't Disturbing Construction Anytime Soon"
• Read: “An Update On The Construction Industry & COVID-19”
• Read: “Coronavirus: Valuing Your Business During Uncertain Times”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Today, we celebrate National Cyber Security Awareness Month with Shawn Richardson, Principal and Director of Cybersecurity Services at Rea & Associates, and Conner Mundy, Associate at Rea & Associates, to share the importance of cybersecurity and why you should be implementing these resources into your organization.

Listen to this episode of unsuitable to learn:

• What cybersecurity can do for your business
• How to keep remote workers safe
• The top 5 steps to a safer network

Learn more about this topic:

• Read: Protect Your Business From COVID-19 Cyber Attacks In 3 Steps
• Read: Cyber Criminals Go Digital | Ransomware Attacks Local Business
• Listen: Cybersecurity & Post-COVID Re-Entry Concerns

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Brian Kempf, principal at Rea & Associates, shares his experience in the agricultural industry, the current economic impacts, what the industry may look like in the future, and the estate planning and tax considerations you should look at before the election.

Listen to this episode of unsuitable to learn:

• The current state of the agriculture industry
• Why we’re seeing an increase in small farms
• What the agriculture industry will look like in 10 years

Learn more about this topic:

• Listen: It's An Election Year, What Should I Ask My CPA?
• Read: What Is Business Risk And How To Reduce It
• Read: “Coronavirus: Valuing Your Business During Uncertain Times”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

So, how can you survive economic uncertainty and rebound from the coronavirus crisis?

The best place to start is to be proactive, manage your funds, and create new strategies within your business now with an eye to the future - because unfortunately, there is no timeline to what you have experienced and what you will likely experience moving forward.

Today, Matt Long, director of client advisory services at Rea & Associates, and Matt Fish, restaurant entrepreneur and owner of Melt Bar & Grilled, headquartered in Cleveland, Ohio, are here to share their experiences during the COVID-19 pandemic and how they worked to manage the fallout of the economy in 2020. They are sharing their experience today in the hopes that others can follow their example tomorrow.

Listen to this episode of unsuitable to learn:

• How some restaurants are surviving current economic conditions.
• The importance of being proactive with your banker.
• How to better manage your payroll.

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Read: "Coronavirus: Valuing Your Business During Uncertain Times"
• Listen: Business Cash Flow & Cost Optimization In The Era Of COVID-19

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Today, David Catanese and Jack Kehl Surety from Overmyer Hall Associates share what they foresee for the construction industry and the impact of the current economic uncertainty. 

Listen to this episode of unsuitable to learn:

• The potential positive effects of COVID-19 on the construction industry
• Recommendations for next year
• Why contractors have failed in the past

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Read: "An Update On The Construction Industry & COVID-19”
• Read: "Coronavirus: Valuing Your Business During Uncertain Times"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

On this episode of unsuitable, Mark McKinley, Regional President of West Central Ohio at Rea & Associates is going to share his experience on how to run an effective business and the importance of finding the right consumers for you.

Listen to this episode of unsuitable to learn:

• How you can focus on acquiring the right clients
• How to let your talent shine without micromanaging
• Building a culture of vulnerability

Learn more about this topic:

• Listen: "Episode 198: Happy Employees = Happy Business"
• Listen: "Episode 186: Lead Your Own Sales Transformation"
• Listen: "Episode 96: How to Build Relationships That Drive Business Results"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Luckily, Renee West, senior manager at Rea & Associates, is going to break down the most recent COVID-19 regulations and best practices for employer retention and recruitment.

Listen to this episode of unsuitable to learn:

• What are the most recent COVID regulations for safety and leaves and how can I as an employer be compliant?
• Techniques for retention, recruitment, and training
• Upcoming changes that employers should be looking out for

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Listen: “Episode 241: Going Up? COVID-19’s Impact on Healthcare Costs”
• Read: "Coronavirus: Valuing Your Business During Uncertain Times"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Today, Chris Axene, principal at Rea & Associates, shares some of the decisions we can expect to see from the Supreme Court, as well as some of the questions you should consider asking your CPA during an election year.

Listen to this episode of unsuitable to learn:

• How it will affect you if the Supreme Court finds the Affordable Care Act unconstitutional when they rule on it this October
• The considerations to make when tax planning in an election year
• The cash flow opportunities for businesses and individuals due to COVID-related tax provisions

Learn more about this topic:

• Read: "CARES Act Features Opportunities For Healthcare Organizations"
• Read: "Coronavirus: Valuing Your Business During Uncertain Times"
• Read: "COVID-19 Is Accelerating The Rise Of The Digital Economy"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

So we invited Desiree Lyon, Human Resource Manager at Rea & Associates, onto the show to teach us about the importance of diversity in the workplace, the impact it has during the recruiting process, and the challenges that organizations and individuals may face along the way.

Listen to this episode of unsuitable to learn:

• Why diversity and inclusion benefits all organizations — and their bottom lines
• How to take action as an employer
• What are some of the challenges of today’s society in regards to diversity and inclusion and how can we work through those?

Learn more about this topic:

• Read: “Artificial Intelligence Streamlines Diversity Recruitment Strategies”
• Read: “Supreme Court Issues Ruling On LGBT Rights”
• Listen: “Episode 229: My Generation’s Better Than Yours”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Today, Mike Misich, senior vice president and senior commercial banker at WesBanco, is going to share what this experience was like from the trenches while discussing the current state of the commercial banking industry.

Listen to this episode of unsuitable to learn:

• How often you should be talking to your financial advisor during this period of rapid change
• What contingency plans you should be preparing right now
• Why business owners should create a road map for the next year or so that will help their banker advise them in the current environment

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Listen: “Episode 241: Going Up? COVID-19’s Impact on Healthcare Costs”
• Read: "Coronavirus: Valuing Your Business During Uncertain Times"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

But understanding your true costs is just one of the ways you can reveal major gaps in your business and, as you already know, it's never been more important to trim the fat than it is today. Sure, breaking down your product and labor costs can be a daunting task. But, with the right tools and expertise, it can actually result in some pretty significant savings. 

In this episode, Andrew Geiser, a manager at Rea & Associates, explains how you can go about identifying potential leaks in your cost structures. This is a pretty wide-spread problem, so pay attention.

Listen to this episode of unsuitable to learn:

• What are your true costs? Learn how to understand and identify them in regards to materials, overhead, and labor
• Why you need to know how your accounting system works (even if you’re not in charge of accounting)
• Best practices to manage assets so that you both meet customer demand and help cut manufacturing costs

Learn more about this topic:

• Webinar: Shifting The Business Infrastructure: HR Resources & Hot Topics To Keep Your Organization Compliant (8/11/2020)
• Listen: “Episode 241: Going Up? COVID-19’s Impact on Healthcare Costs”
• Rea’s COVID-19 Resource Center

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

So, we sat down with Bill Ubbing, owner of W.J. Ubbing & Associates, to learn how his transition into retirement has been to date and what advice he has for other business owners that may be embarking on their own retirement journey.

Listen to this episode of unsuitable to learn:

• How to decide when to retire & why
• How to bring more expertise to the client’s future needs
• How to find a buyer who really focuses on service to the client

Learn more about this topic:

• Listen: “Episode 242: How The SECURE Act Impacts Retirement Planning For Companies & Individuals”
• Listen: “Episode 232: How Changes To Retirement Plans Make Everybody More Secure”
• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.

Paul McEwan, principal and director of Benefit Plan Services with Rea & Associates, and Steve Frank, principal and financial advisor with wealth management organization Investment Partners, are here to help us break down the SECURE Act and give us some insight on fiduciary best practices related to retirement planning.

Listen to this episode of unsuitable to learn:

• How new incentives make it easier for companies to offer retirement plans
• What individuals need to know about changes to IRAs and 401(k) plans and major changes for beneficiaries
• What companies, individuals, and beneficiaries should keep in mind, as things like the pandemic and recession may impact the SECURE Act

Learn more about this topic:

• Listen: “Episode 232: How Changes To Retirement Plans Make Everybody More Secure”
• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Listen: “Episode 228 – Tax Savings & Business Strategy For Practice Owners”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Michael Clark, an employee benefits consultant at Oswald Companies, and Todd Lancaster, a sales executive specializing in property and casualty at Oswald Companies, are here to talk about the impact the coronavirus crisis will have on healthcare costs and how businesses can better manage their spend.

Listen to this episode of unsuitable to learn:

• How COVID-19 will impact healthcare costs
• How businesses can better manage their healthcare spend
• How employees can prepare for the next healthcare crisis

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Listen: “How To Tackle Your Business’s Cash Flow & Cost Optimization in The Era Of COVID-19”
• Read: “Recent PPP Guidance Requires Nuance – OSCPA”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Jim Lichtenberg, a strategic partner with the expense reduction consulting company Schooley Mitchell, is here to help us break down COVID into dollars and cents and share how companies can find some financial breathing room, despite the new COVID line item on their balance sheets.

Listen to this episode of unsuitable to learn:

• How Does A Company Cover This New Cost Line Item Called “COVID”?
• Why the “New Normal” will require businesses to utilize tools for their business, such as a SWOT Analysis and 13-week rolling forecast
• How to identify new opportunities and “pivot” your business so that you can reach new customers

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Read: “COVID-19 Is Accelerating The Rise Of The Digital Economy”
• Read: “Recent PPP Guidance Requires Nuance – OSCPA”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Things are constantly changing, especially with the CARES Act and other legislation related to coronavirus. And, at the same time, businesses are strapped for cash. But none of these challenges should get in the way of tax planning for your business. In fact, tax planning is now more important than ever.

Cindy Kula joins the show to share how COVID-19 may impact your tax liability, break down some of the new legislation to come out of this situation, and teach you how to minimize your tax liability.

Listen to this episode of unsuitable to learn:

• What economic challenges most businesses will face in the latter half of 2020
• What you need to know about the Tax Act and CARES Act during the coronavirus economy
• The key to minimizing your tax burden and maximizing your Qualified Business Income Deduction

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Read: “COVID-19 Is Accelerating The Rise Of The Digital Economy”
• Read: “Searching for a Tax Exempt Organization?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

That’s why we’re sharing this episode with two of Rea’s top cybersecurity professionals, Shawn Richardson and Ty Whittenburg. We discuss how to re-integrate your employees and your information systems without adding additional risk to your business, what threats to look for upon re-entry, and the most important issues to consider while migrating your workforce back to your company’s network.

Listen to this episode of unsuitable to learn:

• How are companies re-integrating their employees and information systems into their company networks without bringing risk to the business?
• Physical and digital evidence of a potential cyberattack that everyone in your business should be aware of while re-entering
• Important things to look for when reviewing your company data (and why the ways people access this data matters)

Learn more about this topic:

• Listen: “Episode 236: How To Uncover Fraud In Your Organization”
• Read: “Education Is The Enemy Of Cybercrime”
• Read: “What Is Life After Coronavirus? Cyber Risk & Telecommuting”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Our expert guest on this episode of unsuitable is Amy Franko, author of the Amazon best-seller “The Modern Seller.” Amy discusses business development during disruption, how to organize your pipeline, how to stay in front of clients and rise above the noise, and how to help your customers prioritize what’s most important right now.

Listen to this episode of unsuitable to learn:

• The importance of our mindsets as business developers during this period of time
• How to stay in front of clients and rise above the noise
• Thinking beyond the current crisis (without ignoring it)

Learn more about this topic:

• Read: "The Modern Seller: Sell More and Increase Your Impact in the New Sales Economy"
• Rea’s COVID-19 Resource Center
• Listen: “Episode 235: Telecommuting: How To Embrace The Workplace Of The Future”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

To help us get the lowdown on our data, we’re joined by Greg Kelley, an expert in cybersecurity and digital forensics and the chief technology officer of Vestige Digital Investigations. Greg takes us on a journey behind the scenes of our electronic data infrastructure to tell us what we should be looking out for in an effort to keep our data — and our organizations — safe.

Listen to this episode of unsuitable to learn:

• How to back up your data, why you should, and how to check that it’s being backed up properly
• How digital evidence from disparate sources, combined with some analytics, can help spot fraud
• When you will want to work with cybersecurity experts

Learn more about this topic:

• Read: “Education Is The Enemy Of Cybercrime”
• Read: “Can A Cybercriminal Crack Your Company’s Network?”
• Read: “Government Entities Are Not Immune To Cybercrime”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Here at Rea, we’ve been working to accommodate a growing remote workforce. Many of our policies were already in the process of being created when the order came down from the governor to work from home, if possible, but it expedited those changes within our organization. However, we know that many businesses struggled to accommodate these orders, which resulted in a wide variety of challenges. 

Annie Yoder, Rea’s director of development, and Becky Boyd, a manager on our practice growth team — and a long-time member of our remote workforce — join this episode to share some best practices, tips, and insight to help others embrace the possibilities of a work-from-home culture. We’ll also be looking at this topic from both the employee’s and employer’s perspective because there are different benefits and challenges on both sides.

Listen to this episode of unsuitable to learn:

• How communication strategies and management styles have to change
• How a remote workforce opens up the talent market and service opportunities
• Why it’s important for employees to set boundaries and for employers to respect them

Learn more about this topic:

• Rea’s COVID-19 Resource Center
• Read: "What Is Life After Coronavirus Webinar | Cyber Risk & Telecommuting"
• Read: "Running Business Remotely | Technology, Trust, Tax"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Luckily, Peter Margaritis has been helping accounting and finance professionals level up their communication skills for years, and he’s going to explain how those who are used to communicating in “tech-speak” can best communicate with and serve their clients. Peter, also known as “The Accidental Accountant,” is the author of “Improv Is No Joke” and “Taking The Numb Out Of Numbers,” the host of the Change Your Mindset podcast and the Change Your Mindset Speaking Demonstration on C-Suite Radio, and the author of a ton of other great content at petermargaritis.com. 

Listen to this episode of unsuitable to learn:

• Why you should take an improv workshop
• How to become a translator for everyone else
• How to avoid overwhelming your audience when presenting complicated financial or tax information

Learn more:

• Listen: Change Your Mindset
• Read: “Taking the Numb Out of Numbers”
• Rea’s COVID-19 Resource Center

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

So we called up Jeremy Senften, Chief Operating Officer here at Rea & Associates, to get his take on recession readiness and what businesses can do now to ensure that they are able to stay afloat over the next coming months. Jeremy has been grappling with a variety of scenarios for months – long before coronavirus — in an effort to avoid a repeat of the last recession. In this episode, he’s going to share insight, best practices, and tips you can take back to your own organization as you formulate a plan for survival.

Listen to this episode of unsuitable to learn:

• How to create a plan for a recession before you need to use it
• Why you should identify one or two main “objectives” to your plan
• How to document, categorize, and priorities the items in your plan

Learn more about this topic:

• Read: “What Is Life After Coronavirus? Coping With Financial Anxiety & Recession Worry”
• Read: “Recession-Proofing”
• Read: “Plan For A Crisis To Minimize The Fallout”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

In this week’s episode of unsuitable, Wendy Shick, a principal in Rea’s Mentor office and SECURE Act scholar, explains some of the changes that are wrapped up in this legislation and how it will affect you and your employees.

Listen to this episode of unsuitable to learn:

• Required minimum distributions (or RMD) delayed to age 72. With the tax law changes starting in 2018, these types of qualified charitable distributions are even more valuable because the standard deduction amounts were increased and more taxpayers fall under this filing category now.
• New 10-year payout rules after someone passes away – except for spouse beneficiaries. There some exceptions, but most beneficiaries inheriting an IRA will be paid out within 10 years.
• Why Roth conversions may be more important now that the 10-year payout exists.

Learn more about this topic:

• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Listen: “Episode 230: You Might Need Help Managing Your Employee Benefit Plan If …”
• Read: “What Is Life After Coronavirus? Understanding The Impact During Your Retirement”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Why go to Cleveland? To sit down with Tim Linville, chief executive officer of the Construction Employers Association, who has some valuable insight into what’s happening with the construction industry and the economy in Northeast Ohio.

Listen to this episode of unsuitable to learn:

• The state of the construction and real estate industries
• How the Construction Employers Association helps to keep employees safe and how it can help business owners
• The challenges the industry will face over the next 5-10 years

Learn more about this topic:

• Read “How COVID-19 Is Impacting The Construction Industry”
• Read “Best Financial Indicators Of A Healthy Construction Company”
• Listen: “Episode 209: Want To Grow Your Business? Try Joining A Trade Association”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Pam Dunlap, a principal in our Cleveland office and director of Rea’s retirement plan audit services team, is here to talk about this challenge and what companies can do to pass the Department of Labor’s increasingly stringent inspection.

Listen to this episode of unsuitable to learn:

• Why the days of outsourcing retirement plan management are over.
• What the Department of Labor is focusing on.
• What to do if you are thinking about buying a company and need to determine what to do with your plan.

Learn more about this topic:

• Listen “Episode 225: Tips To Help You Make The Most Of Your Upcoming Liquidity Event”
• Read “Exit Planning Options Every Business Owner Over 50 Should Know”
• Listen “Episode 212: The Retirement Crisis: How Your Business & Employees Can Come Out On Top”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the These days, employers know that, even though they might offer their employees the opportunity to save for retirement by participating in their company-sponsored retirement plan, most people aren’t doing enough to get themselves over the finish line. As a result, government agencies continue to look closely at employee benefit plans to ensure that everything is being done to set more people up for success.

Pam Dunlap, a principal in our Cleveland office and director of Rea’s retirement plan audit services team, is here to talk about this challenge and what companies can do to pass the Department of Labor’s increasingly stringent inspection.

Listen to this episode of unsuitable to learn:

• Why the days of outsourcing retirement plan management are over.
• What the Department of Labor is focusing on.
• What to do if you are thinking about buying a company and need to determine what to do with your plan.

Learn more about this topic:

• Listen “Episode 225: Tips To Help You Make The Most Of Your Upcoming Liquidity Event”
• Read “Exit Planning Options Every Business Owner Over 50 Should Know”
• Listen “Episode 212: The Retirement Crisis: How Your Business & Employees Can Come Out On Top”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Problem-solving, work ethic, and leadership skills are all up for debate. But, at the end of the day, it’s important to remember that, underneath the titles and classifications, we’re all just people who are looking to carve out a place in the world. 

On this episode of unsuitable, Cindy Kula, a baby boomer in Rea’s Cleveland office, and Erin Cline, a millennial in our Medina office, will attempt to get beyond generational differences to ultimately uncover the opportunities that cooperation in the workplace — regardless of age — can create.

Listen to this episode of unsuitable to learn:

• What generational differences exist and what are just stereotypes?
• How diversity creates more opportunities.
• What leadership needs to do to make inevitable generational shifts productive rather than disruptive.

Learn more about this topic:

• Read: “Overhauling The Machine”
• Listen: “episode 198: happy employees = happy business”
• Read: “Talkin’ To The Next Generation”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the...]]>Today’s workforce consists of three distinct groups of people –  Baby Boomers, Generation X, and Millennials (with the oldest of Generation Z currently entering the workforce) – and they all seem to be arguing over which one is better.

Problem-solving, work ethic, and leadership skills are all up for debate. But, at the end of the day, it’s important to remember that, underneath the titles and classifications, we’re all just people who are looking to carve out a place in the world. 

On this episode of unsuitable, Cindy Kula, a baby boomer in Rea’s Cleveland office, and Erin Cline, a millennial in our Medina office, will attempt to get beyond generational differences to ultimately uncover the opportunities that cooperation in the workplace — regardless of age — can create.

Listen to this episode of unsuitable to learn:

• What generational differences exist and what are just stereotypes?
• How diversity creates more opportunities.
• What leadership needs to do to make inevitable generational shifts productive rather than disruptive.

Learn more about this topic:

• Read: “Overhauling The Machine”
• Listen: “episode 198: happy employees = happy business”
• Read: “Talkin’ To The Next Generation”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Our guest Ted Klimczak, a senior manager in Rea & Associates’ Medina office and a specialist on the firm’s tax team, is here to give you some tips to help you reduce your tax bill, maximize your wealth and better manage your day-to-day operations.

Listen to this episode of unsuitable to learn:

• New office? Expansion in the works? Learn how a cost segregation study can help
• Purchasing equipment? take advantage of tax savings.
• How to maximize retirement savings

Learn more about this topic:

• Read “Payroll Tax Credits, Rapid Refunds Available For Employers”
• Read “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Read “Exit Planning Options Every Business Owner Over 50 Should Know”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the In this episode, we dive a little deeper into the world of practice ownership and the strategies available to help practice owners offset the high costs associated with building or expanding office space, purchasing equipment, and beyond. 

Our guest Ted Klimczak, a senior manager in Rea & Associates’ Medina office and a specialist on the firm’s tax team, is here to give you some tips to help you reduce your tax bill, maximize your wealth and better manage your day-to-day operations.

Listen to this episode of unsuitable to learn:

• New office? Expansion in the works? Learn how a cost segregation study can help
• Purchasing equipment? take advantage of tax savings.
• How to maximize retirement savings

• Read “Payroll Tax Credits, Rapid Refunds Available For Employers”
• Read “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Read “Exit Planning Options Every Business Owner Over 50 Should Know”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.

So, to provide additional clarity, we’ve invited Ted back to tell us why ESOPs have continued to gain momentum and to explain what’s in it for the business owner who decides to go this route.

Listen to this episode of unsuitable to learn:

• How selling to an ESOP can fulfill the desire for “significance” and “relevance,” as well as the desire for the features and benefits
• Why employee productivity, retention, and recruitment are enhanced by an ESOP
• The financial benefits of an ESOP, both before and after tax

Learn more about this topic:

• Listen “Episode 205: What Is An ESOP & How Does It Work?”
• Read: “Exit Planning Options Every Business Owner Over 50 Should Know”
• Listen “Episode 221: How To Successfully Exit Your Business”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Fortunately, Don Gregory, director and chair of the construction law practice at Kegler Brown Hill + Ritter, joins unsuitable to provide some tips that will help keep you out of trouble before trouble finds you.

Listen to this episode of unsuitable to learn:

• What rules should you follow in emails and texts to avoid legal trouble?
• What you can expect from a lawsuit if something does happen
• How has the legal practice or role of the trusted advisor changed?

Learn more about this topic:

• Read: “Nonprofit Leaders: Protect Yourself From Personal Liability”
• Read: “You Built A Business. You Grew Its Value. Now You Need To Protect It.”
• Read: “Plan For A Crisis To Minimize The Fallout”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Be careful – it’s lawsuit city out there and you never know when you might be the target of legal turmoil. Even a poorly worded text can get you into trouble. However, there are some precautionary measures you can take to mitigate risk.

Fortunately, Don Gregory, director and chair of the construction law practice at Kegler Brown Hill + Ritter, joins unsuitable to provide some tips that will help keep you out of trouble before trouble finds you.

Listen to this episode of unsuitable to learn:

• What rules should you follow in emails and texts to avoid legal trouble?
• What you can expect from a lawsuit if something does happen
• How has the legal practice or role of the trusted advisor changed?

Learn more about this topic:

• Read: “Nonprofit Leaders: Protect Yourself From Personal Liability”
• Read: “You Built A Business. You Grew Its Value. Now You Need To Protect It.”
• Read: “Plan For A Crisis To Minimize The Fallout”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Of course, nobody likes to be reminded of this fact — and when you are a business owner, thinking about what will happen to your business when you reach retirement age can be especially anxiety-inducing.

Joel Guth, CEO and founder of Gryphon Financial Partners, has seen countless owners grapple with this type of situation over the years and he helps clients approach future liquidity events holistically. In this episode of unsuitable, Joel will reveal how three simple questions can uncover your ideal course of action: when do you want to sell, to whom do you want to sell, and how much do you need to live the way you want after an exit?

Listen to this episode of unsuitable to learn:

• The key to a fulfilling life after you exit
• The pros and cons of different exit strategies
• The additional and ongoing expenses that many people don’t consider when thinking about retirement

Learn more about this topic:

• Read: “Exit Planning Options Every Business Owner Over 50 Should Know”
• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Listen: “Episode 216: State & Local Tax Surprises That Hurt Business Value”



If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use None of us are getting any younger. 

Of course, nobody likes to be reminded of this fact — and when you are a business owner, thinking about what will happen to your business when you reach retirement age can be especially anxiety-inducing.

Joel Guth, CEO and founder of Gryphon Financial Partners, has seen countless owners grapple with this type of situation over the years and he helps clients approach future liquidity events holistically. In this episode of unsuitable, Joel will reveal how three simple questions can uncover your ideal course of action: when do you want to sell, to whom do you want to sell, and how much do you need to live the way you want after an exit?

Listen to this episode of unsuitable to learn:

• The key to a fulfilling life after you exit
• The pros and cons of different exit strategies
• The additional and ongoing expenses that many people don’t consider when thinking about retirement

• Read: “Exit Planning Options Every Business Owner Over 50 Should Know”
• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Listen: “Episode 216: State & Local Tax Surprises That Hurt Business Value”



If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Brad Stammler, vice president of commercial property and casualty with Leavitt Group, will explain what micro captives and group captives are, how they can help, and when this option might make sense for your business.

Listen to this episode of unsuitable to learn:

• What the current commercial property and casualty insurance marketplace looks like.
• Will an 831(b)/micro captive help your company?
• Will a group captive help your company?

Learn more about this topic:

• Read: “Recession-Proofing”
• Read: “Overhauling The Machine”
• Read: “Is Your Company Too Small For Self-Insurance?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the As the costs associated with owning and operating a business continue to rise, owners are always on the lookout for ways to keep more of their money in the business. One popular place to look is insurance. There are a variety of insurance options available, but on this episode of unsuitable, we’re focusing on captives.

Brad Stammler, vice president of commercial property and casualty with Leavitt Group, will explain what micro captives and group captives are, how they can help, and when this option might make sense for your business.

Listen to this episode of unsuitable to learn:

• What the current commercial property and casualty insurance marketplace looks like.
• Will an 831(b)/micro captive help your company?
• Will a group captive help your company?

Learn more about this topic:

• Read: “Recession-Proofing”
• Read: “Overhauling The Machine”
• Read: “Is Your Company Too Small For Self-Insurance?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

While the Financial Accounting Standards Board’s Accounting Standards Codification Topic 842 won’t actually impact companies until 2021, as always, there are steps businesses should be taking now to prepare.

Kerry McElroy and Cody Niese are leading up Rea’s internal ASC 842 task force in an effort to ensure that the transition is as smooth as possible for our clients. In this episode, the duo helps us understand the subject of lease accounting a little bit better while explaining why the change is taking place, how it will affect businesses, the next steps businesses should take, and more.

Listen to this episode of unsuitable to learn:

• What is lease accounting and why is it changing?
• How will the lease accounting change affect small- to mid-sized businesses?
• What software solutions are available?

Learn more about this topic:

• Listen: “Episode 204: Ideas That Drive Success In Your Manufacturing Business”
• Read: “A Closer Look At GASB 84 & 88”
• Try: LeaseCrunch – Lease Accounting Software for CPA Firms

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Don’t you just hate it when you get used to doing something one way and then something unexpected comes along and flips your world upside down? Well, that’s what’s happening in the world of lease accounting.

While the Financial Accounting Standards Board’s Accounting Standards Codification Topic 842 won’t actually impact companies until 2021, as always, there are steps businesses should be taking now to prepare.

Kerry McElroy and Cody Niese are leading up Rea’s internal ASC 842 task force in an effort to ensure that the transition is as smooth as possible for our clients. In this episode, the duo helps us understand the subject of lease accounting a little bit better while explaining why the change is taking place, how it will affect businesses, the next steps businesses should take, and more.

Listen to this episode of unsuitable to learn:

• What is lease accounting and why is it changing?
• How will the lease accounting change affect small- to mid-sized businesses?
• What software solutions are available?

• Listen: “Episode 204: Ideas That Drive Success In Your Manufacturing Business”
• Read: “A Closer Look At GASB 84 & 88”
• Try: LeaseCrunch – Lease Accounting Software for CPA Firms

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

But what if you didn’t have to do everything yourself? What if you were able to outsource certain aspects of your business to professionals with expertise in areas like HR, accounting, payroll, and cybersecurity? What if you could outsource these business functions without breaking the bank? 

Returning guests Renee West and Matt Long are dedicated to finding outsourced solutions for owners of small- to mid-sized businesses. As leaders on our HR consulting services team and client advisory services team, respectively, Renee and Matt hear a lot of misconceptions about outsourcing. So in this episode, they’re going to clear the air while explaining what the outsourcing process might look like for you.

Listen to this episode of unsuitable to learn:

• Why more businesses are choosing to outsource
• How outsourcing can help you stay compliant and secure in a world where regulations and technology are constantly changing
• Why you might want to consider outsourcing key back-office functions and what you can expect if you do

Learn more about this topic:

• Read: "Business Owners Can’t Do It All"
• Read: "Save Money, Enhance Value With Outsourced Accounting"
• Listen: “episode 178 – your business’s back office: take it or leave it”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use Running a business is a lot of work — but we don’t have to tell you that. You already know how busy your average day is. You’ve lived through the struggles of managing the back office, all while trying to deliver your products and excellent client service. You know how hard it is to recruit and retain really great employees. And yet, even though we know it’s impossible to know (and do) everything, most business owners try to do it all themselves. 

But what if you didn’t have to do everything yourself? What if you were able to outsource certain aspects of your business to professionals with expertise in areas like HR, accounting, payroll, and cybersecurity? What if you could outsource these business functions without breaking the bank? 

Returning guests Renee West and Matt Long are dedicated to finding outsourced solutions for owners of small- to mid-sized businesses. As leaders on our HR consulting services team and client advisory services team, respectively, Renee and Matt hear a lot of misconceptions about outsourcing. So in this episode, they’re going to clear the air while explaining what the outsourcing process might look like for you.

Listen to this episode of unsuitable to learn:

• Why more businesses are choosing to outsource
• How outsourcing can help you stay compliant and secure in a world where regulations and technology are constantly changing
• Why you might want to consider outsourcing key back-office functions and what you can expect if you do

Learn more about this topic:

• Read: "Business Owners Can’t Do It All"
• Read: "Save Money, Enhance Value With Outsourced Accounting"
• Listen: “episode 178 – your business’s back office: take it or leave it”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Fortunately for business owners everywhere, there are people out there who can not only help you avoid some of the more serious exit planning pitfalls but are certified experts in the area of exit planning and can help you identify and achieve your ideal exit planning scenario.

Luckily, in this episode, we are speaking with one of those individuals: Mary Beth Koester, principal and director of valuation and transaction advisory services at Rea & Associates.

Listen to this episode of unsuitable to learn:

• What certified exit planning advisory services are and how they can help you plan, deploy, and manage your long-term succession and exit plans.
• What a typical exit planning process looks like and what a “successful exit” looks like.
• What is the biggest risk an owner may face when converting their business to cash to be invested?

Learn more about this topic:

• Listen: "Episode 205: What Is An ESOP & How Does It Work?"
• Listen: "Episode 207: how to sell your business for top dollar"
• Listen: "Episode 216: State & Local Tax Surprises That Hurt Business Value"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use Business owners hear a lot about the importance of succession planning and exit planning — and for good reason. Your business is, in all likelihood, your largest and most valuable asset. If you aren’t thinking about how to protect it, increase its value, and (eventually) leave it, you could end up with the short end of the stick where your liquidity, longevity, and legacy are concerned.

Fortunately for business owners everywhere, there are people out there who can not only help you avoid some of the more serious exit planning pitfalls but are certified experts in the area of exit planning and can help you identify and achieve your ideal exit planning scenario.

Luckily, in this episode, we are speaking with one of those individuals: Mary Beth Koester, principal and director of valuation and transaction advisory services at Rea & Associates.

Listen to this episode of unsuitable to learn:

• What certified exit planning advisory services are and how they can help you plan, deploy, and manage your long-term succession and exit plans.
• What a typical exit planning process looks like and what a “successful exit” looks like.
• What is the biggest risk an owner may face when converting their business to cash to be invested?

Learn more about this topic:

• Listen: "Episode 205: What Is An ESOP & How Does It Work?"
• Listen: "Episode 207: how to sell your business for top dollar"
• Listen: "Episode 216: State & Local Tax Surprises That Hurt Business Value"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

As the president of Safex, a family-owned business health and safety organization located in Central Ohio, Dianne Grote Adams is hoping to see continued progress in the area of safety in the workplace. She has noticed a promising trend with regard to the importance of environmental, safety, health, and sustainability programs, but there’s still a lot of work to be done. So, on this episode of unsuitable, Dianne shares why these programs matter and how shifting your focus on health and safety can improve your business’s bottom line.

Listen to this episode of unsuitable to learn:

• Why safety and industrial hygiene are — pun intended — safe investments for any business
• The ROI for your investment, both tangible and intangible
• Why business owners should be aware of a new trend among investors to review ESH&S (environmental, safety, health, and sustainability programs)

Learn more about this topic:

• Listen: “episode 187 – what are you walking into?”
• Read: “Fighting Back Against The Opioid Epidemic”
• Read: “You Built A Business. You Grew Its Value. Now You Need To Protect It.”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use When we look back in history, every decade is defined by unique trends, music, and fashion choices. It kind of makes you wonder how this new decade – the Roaring 20s 2.0 – will be defined. But regardless of your personal feelings about bell-bottoms or scrunches, one thing is certain: with every new decade comes progress, in one form or another. 

As the president of Safex, a family-owned business health and safety organization located in Central Ohio, Dianne Grote Adams is hoping to see continued progress in the area of safety in the workplace. She has noticed a promising trend with regard to the importance of environmental, safety, health, and sustainability programs, but there’s still a lot of work to be done. So, on this episode of unsuitable, Dianne shares why these programs matter and how shifting your focus on health and safety can improve your business’s bottom line.

Listen to this episode of unsuitable to learn:

• Why safety and industrial hygiene are — pun intended — safe investments for any business
• The ROI for your investment, both tangible and intangible
• Why business owners should be aware of a new trend among investors to review ESH&S (environmental, safety, health, and sustainability programs)

• Listen: “episode 187 – what are you walking into?”
• Read: “Fighting Back Against The Opioid Epidemic”
• Read: “You Built A Business. You Grew Its Value. Now You Need To Protect It.”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

So we sit down with Brian Ahearn, who specializes in applying the science of influence and persuasion in everyday situations and is one of only 20 people in the world who currently holds the Cialdini Method Certified Trainer designation. His newest book is Influence PEOPLE: Powerful Everyday Opportunities To Persuade That Are Lasting And Ethical, which quickly rose to the top of Amazon’s bestseller list in multiple categories.

Listen to this episode of unsuitable to learn:

• The difference between persuasion and manipulation
• The best way to build strong, lasting relationships
• The power of good questions

Learn more about this topic:

• Follow Brian’s work at www.influencepeople.biz
• Book: Influence PEOPLE: Powerful Everyday Opportunities To Persuade That Are Lasting And Ethical
• Read: "The Definitive List: Top 100 Professional Development Resources"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Businesses need people to survive and thrive. Without the individuals who help you create your products, provide your services, and patronize your establishment, your entire enterprise falls apart — but, unfortunately, people can also be your biggest challenge.

So we sit down with Brian Ahearn, who specializes in applying the science of influence and persuasion in everyday situations and is one of only 20 people in the world who currently holds the Cialdini Method Certified Trainer designation. His newest book is Influence PEOPLE: Powerful Everyday Opportunities To Persuade That Are Lasting And Ethical, which quickly rose to the top of Amazon’s bestseller list in multiple categories.

Listen to this episode of unsuitable to learn:

• The difference between persuasion and manipulation
• The best way to build strong, lasting relationships
• The power of good questions

Learn more about this topic:

• Follow Brian’s work at www.influencepeople.biz
• Book: Influence PEOPLE: Powerful Everyday Opportunities To Persuade That Are Lasting And Ethical
• Read: "The Definitive List: Top 100 Professional Development Resources"

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Ensuring that the sheer volume of tax returns flowing through our offices are filed with the IRS on time requires a lot of coordination. So, as you might imagine, scheduling is a critical component of our success, and we’re always striving to do better and maximize our capacity.

That’s why Melissa Dunkle, a senior manager on the Rea tax team, recently reviewed our existing processes to ensure that we are being as efficient as possible. In doing so, she uncovered a few best practices all business leaders should be aware of when it comes to implementing their own scheduling practices, which she shares on this episode of unsuitable.

Listen to this episode of unsuitable to learn:

• How to increase communication within your organization so that you can minimize unnecessary communication with your clients
• Organizational planning best practices
• How to foster accountability and ownership at every level of your organization

Learn more about this topic:

• Listen: “Episode 188 - zen and the art of bookkeeping”
• Read: “The Scorecard: Qualified Opportunity Zones vs. Section 1031 Exchanges”
• Read: “Save Money With Tax Credits”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the...]]>It’s that time of the year again — busy season. 

Ensuring that the sheer volume of tax returns flowing through our offices are filed with the IRS on time requires a lot of coordination. So, as you might imagine, scheduling is a critical component of our success, and we’re always striving to do better and maximize our capacity.

That’s why Melissa Dunkle, a senior manager on the Rea tax team, recently reviewed our existing processes to ensure that we are being as efficient as possible. In doing so, she uncovered a few best practices all business leaders should be aware of when it comes to implementing their own scheduling practices, which she shares on this episode of unsuitable.

Listen to this episode of unsuitable to learn:

• How to increase communication within your organization so that you can minimize unnecessary communication with your clients
• Organizational planning best practices
• How to foster accountability and ownership at every level of your organization

Learn more about this topic:

• Listen: “Episode 188 - zen and the art of bookkeeping”
• Read: “The Scorecard: Qualified Opportunity Zones vs. Section 1031 Exchanges”
• Read: “Save Money With Tax Credits”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.

But our guest, Lisa Ryan, has some ideas for how we can improve our life vision with 20/20 gratitude.

Noted international award-winning speaker, best-selling author, and sought-after gratitude strategies expert Lisa Ryan has been working with business leaders across a variety of industries for more than 20 years. She is the president and founder of Grategy, a Cleveland-based firm that specializes in employee engagement, retention, and recognition using gratitude strategies for personal and professional development.

Listen to this episode of unsuitable to learn:

• A simple daily practice that positively impacts every area of life
• How to strengthen your immune system in just five minutes a day
• Gratitude strategies (grategies) that strengthen your relationships
• Simple strategies to create a workplace culture that rocks

Learn more about this topic:

• Watch: “Gratitude Through Failure, Success and Surprise - Lisa Ryan”
• Read: “A Little Appreciation Goes A Long Way”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Celebrating holidays with family and friends is a great way to put everything into perspective and to simply be grateful for everything we have. But now that it’s January, you might be wondering what you can do to make this feeling of gratitude last.

But our guest, Lisa Ryan, has some ideas for how we can improve our life vision with 20/20 gratitude.

Noted international award-winning speaker, best-selling author, and sought-after gratitude strategies expert Lisa Ryan has been working with business leaders across a variety of industries for more than 20 years. She is the president and founder of Grategy, a Cleveland-based firm that specializes in employee engagement, retention, and recognition using gratitude strategies for personal and professional development.

Listen to this episode of unsuitable to learn:

• A simple daily practice that positively impacts every area of life
• How to strengthen your immune system in just five minutes a day
• Gratitude strategies (grategies) that strengthen your relationships
• Simple strategies to create a workplace culture that rocks

• Watch: “Gratitude Through Failure, Success and Surprise - Lisa Ryan”
• Read: “A Little Appreciation Goes A Long Way”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

As you are contemplating which exit planning route is right for you, there are some pretty major considerations you should be aware of that could ultimately impact the overall value of your business — and if you don’t address those issues now, you could be throwing up roadblocks before you even get started. 

Joe Popp, Principal and Director of State and Local Tax (or SALT) services at Rea, returns to share some SALT-related exit planning considerations that all business owners need to know.

Listen to this episode of unsuitable to learn:

• SALT issues that can impact your earnings before interest, taxes, and amortization (EBITA)
• SALT issues that can impact your reps and warranties
• Where to start doing your due diligence

Learn more about this topic:

• Listen: “episode 207: how to sell your business for top dollar”
• Listen: “episode 173 – back to the basics of business valuations”
• Read: “What Legacy Do You Want To Leave?”
• Read: “Wayfair – One Year Later”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadioWe all have dreams of retiring someday, and if you’re a business owner, you probably have some thoughts about how you would like to leave your business. 

As you are contemplating which exit planning route is right for you, there are some pretty major considerations you should be aware of that could ultimately impact the overall value of your business — and if you don’t address those issues now, you could be throwing up roadblocks before you even get started. 

Joe Popp, Principal and Director of State and Local Tax (or SALT) services at Rea, returns to share some SALT-related exit planning considerations that all business owners need to know.

Listen to this episode of unsuitable to learn:

• SALT issues that can impact your earnings before interest, taxes, and amortization (EBITA)
• SALT issues that can impact your reps and warranties
• Where to start doing your due diligence

Learn more about this topic:

• Listen: “episode 207: how to sell your business for top dollar”
• Listen: “episode 173 – back to the basics of business valuations”
• Read: “What Legacy Do You Want To Leave?”
• Read: “Wayfair – One Year Later”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Luckily, our guest is Dean Stitz, a consultant with McGohan Brabender, who has seen the challenges that businesses are facing first-hand and works with companies to reveal employee benefit health plan opportunities that they may not even be aware of.

Listen to this episode of unsuitable to learn:

• Healthcare is an episodic issue for most individuals, but an organization’s health plan strategy needs to be consistent and communicated effectively
• The different health plan options that are available to employers today, which are more diverse than you might think
• What you want to consider as a small- to medium-sized business Vs. a large business

Learn more about this topic:

• Listen: Episode 205: What Is An ESOP & How Does It Work?
• Read: Evaluation of HSAs Requires a Team Approach
• Listen: Episode 198: happy employees = happy business

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Employee healthcare in America continues to be an explosive topic, so it’s no surprise that many employers are struggling to understand the best way to execute an effective employee benefit health plan strategy among their workforce.

Luckily, our guest is Dean Stitz, a consultant with McGohan Brabender, who has seen the challenges that businesses are facing first-hand and works with companies to reveal employee benefit health plan opportunities that they may not even be aware of.

Listen to this episode of unsuitable to learn:

• Healthcare is an episodic issue for most individuals, but an organization’s health plan strategy needs to be consistent and communicated effectively
• The different health plan options that are available to employers today, which are more diverse than you might think
• What you want to consider as a small- to medium-sized business Vs. a large business

• Listen: Episode 205: What Is An ESOP & How Does It Work?
• Read: Evaluation of HSAs Requires a Team Approach
• Listen: Episode 198: happy employees = happy business

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Darlene Finzer, a principal and legacy training specialist at Rea, joins the show to share her insight on this important but oft-procrastinated topic.

Listen to this episode of unsuitable to learn:

• What exactly legacy family planning is and how it’s different from estate planning (which is also important)
• Three different approaches to leaving a legacy
• Four steps to a living legacy

Learn more about this topic:

• Listen: “Episode 205: What Is An ESOP & How Does It Work?”
• Read: “What Legacy Do You Want To Leave?”
• Read: “How To Lay The Foundation For Transition”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the As a CPA and business consulting firm, nothing gets the folks at Rea & Associates more excited than a good plan. So, since everyone is starting to look forward to 2020, we think this is a great time to get better acquainted with legacy family planning — and you can really never start thinking about your legacy too early.

Darlene Finzer, a principal and legacy training specialist at Rea, joins the show to share her insight on this important but oft-procrastinated topic.

Listen to this episode of unsuitable to learn:

• What exactly legacy family planning is and how it’s different from estate planning (which is also important)
• Three different approaches to leaving a legacy
• Four steps to a living legacy

Learn more about this topic:

• Listen: “Episode 205: What Is An ESOP & How Does It Work?”
• Read: “What Legacy Do You Want To Leave?”
• Read: “How To Lay The Foundation For Transition”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Brent Ardit, Audit Principal at Rea & Associates, joins this episode to discuss year-end planning and what you can do as we look ahead to 2020.

Listen to this episode of unsuitable to learn:

• The opportunities that business owners have as we approach the end of the year
• How to avoid the most common mistakes that businesses make near the end of the year, even if you’re getting prepared a little late
• What you need to know about the new revenue recognition standard

Learn more about this topic:

• Listen: Episode 210: What You Need To Know Before Filing Your 2019 Tax Return
• Read: What Is the Mid-Quarter Convention?
• Read: Don’t Wait For An I-9 Audit

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at It’s December now. That means, as far as your company’s finances are concerned, we’re on crunch time. So, did you get everything done that you want to cover over the course of 2019? If not, it’s not too late to take action now — but it will be very soon.

Brent Ardit, Audit Principal at Rea & Associates, joins this episode to discuss year-end planning and what you can do as we look ahead to 2020.

Listen to this episode of unsuitable to learn:

• The opportunities that business owners have as we approach the end of the year
• How to avoid the most common mistakes that businesses make near the end of the year, even if you’re getting prepared a little late
• What you need to know about the new revenue recognition standard

Learn more about this topic:

• Listen: Episode 210: What You Need To Know Before Filing Your 2019 Tax Return
• Read: What Is the Mid-Quarter Convention?
• Read: Don’t Wait For An I-9 Audit

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Today, businesses are being asked to help close the gap — by not only taking on older workers but by helping the younger population proactively save for their retirement. 

Steve Frank, a wealth management advisor with Investment Partners, LTD, and Angie Isakson, senior plan consultant with Rea & Associates, join this episode of unsuitable to teach us how businesses can help their employees overcome the American retirement crisis.

Listen to this episode of unsuitable to learn:

• Retirement strategies that are beneficial for both organizations and employees
• How organizations can educate their workforce on the ins and outs of saving for retirement
• How a good retirement plan makes your organization more appealing to top talent
• Bad retirement advice that you should be wary of

Learn more about this topic:

• Listen: episode 205: What Is An ESOP & How Does It Work?
• Listen: episode 207: how to sell your business for top dollar
• Read: “The Best Tax Deferral Opportunity Is A Retirement Plan”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast

And the reason probably won’t surprise you — people just aren’t rational.

In this episode of unsuitable, Doug Feller, a certified financial planner and principal with Investment Partners, touches on what we can learn from behavioral economics, outlines the three financial mistakes that even the smartest among us make, and what we can do to avoid making those mistakes.

Listen to this episode of unsuitable to learn:

• What behavioral economics is
• Why you need to gain clarity on the financial outcomes that you want and how to stay accountable to those outcomes
• Even if you have great planning or investment strategies, poor behavior will likely lead to sub-par results.

Learn more about this topic:

• Read Doug’s article “Behavioral Mistakes Smart People Make” in The Rea Report | Summer 2019
• Listen: “Episode 7: Investments … Are You Doing It Wrong?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast. 

Luckily, Chris Axene, a principal with Rea, returns to unsuitable to point us in the right direction and help us prepare for the upcoming tax season.

Listen to this episode of unsuitable to learn:

• The implications of tax reform in the wake of the Tax Cut and Jobs Act (TCJA), for both individuals and businesses
• How due dates for tax filings have changed over the past couple years
• Using your CPA, internal or external, as a planner and not a fixer
• What you can take advantage of now before tax regulations change again (and they will)

Learn more about this topic:

• Read: “Scorecard For The Tax Cuts and Jobs Act”
• Read: “New Deduction Will Provide Some Relief To Flow-Through Entities”
• Read: “Discover The Installment Sales Agreement Tax Strategy”
• Read: “Wayfair – One Year Later”
• Read: “Should I Make A Big Purchase To Cut Taxes?”

If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.

Luckily, you won’t have to look very far. There are more than 90,000 trade and professional associations in the United States, and each one is committed to helping like-minded companies and professionals grow their professional network, learn valuable skills, and drive sustainable growth. 

Mary Tebeau, executive director of the Builders Exchange of Central Ohio, has seen the value trade associations first hand. She joins unsuitable to share what her organization is doing, while diving into how creating a relationship with related associations can help your business become a best-in-class operator.

Listen to this episode of unsuitable to learn:

• The three virtues of trade associations: meet, learn, and grow.
• How associations help your industry grow as a whole, even helping to address the shrinking talent pipeline in some industries.
• The resources you won’t be able to access without an association.

Learn more about this topic:

• Read: “Need Help Covering Employee Training Costs?”
• Listen: “episode 114: how to start investing into your profession + a salute to public accounting”

If you liked this episode of unsuitable on Rea Radio, hit the like button or share it with your professional network. You can also use #ReaRadio to join the conversation on Facebook and Twitter. If you like, you can watch the podcast in action on the Rea & Associates YouTube channel and we’ve also included access to additional resources on our website at https://www.reacpa.com/podcast

Introducing the new way of doing business. 

Scotty “Z” Zielaskiewicz, a state and local tax manager and indirect tax expert with Rea, joins us on this episode of unsuitable on Rea Radio to provide us with an update with regard to what the state of business looks like since Wayfair was made the law of the land just over a year ago. He will explain what businesses can do to comply with these major tax law changes and, in response, he will lay out a strategy for how business owners can protect themselves and their businesses moving forward.

Listen to this episode of unsuitable to learn:

• How companies can start the process of “Autogration” (Automation + Integration)
• What your business can do to maintain compliance, even as changes continue to alter the landscape of state and local taxes across the country.
• What considerations you should take if you’re thinking of selling your business and how new tax rules can impact your exit strategy.

You can also learn more about the major Supreme Court ruling while gaining some additional expert insight when you check out these resources:

• Wayfair – One Year Later”
• New Rules: How To Conduct Business After The South Dakota v. Wayfair Decision”
• Episode 163 – state tax concerns keeping you up at night?”

If you liked this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources at https://www.reacpa.com/podcast. Also, don't forget to learn more about Rea & Associates by checking out our website at https://www.reacpa.com. 

Not so fast. There are a few critical pieces of the “selling process” to take into consideration if you want to sell for top dollar.  

Paul Gregory, a principal in Rea’s Amherst office, and Andrew Gelfand, Senior Vice President at Bruml Capital Corporation, join the show to explain how to sell a business the right way — with plenty of forethought, preparation, and expertise.

Preparing Your Business for Sale: What Not to Do

A lot of people start talking to potential buyers before putting all the ducks in a row within their business — and this is the easiest way to ensure that you don’t get top dollar when you sell. You will want to know how much you need or want, do some tax and financial planning ahead of time, and talk to an expert if you really want to both get the most bang for your buck and set your employees up for success in the future.

If you are considering selling your business, or if you think that might be part of your retirement plan down the road, you will be interested in these other topics discussed in this episode:

• Why you need to continue focusing on your business throughout this planning and transaction process & how bringing in an expert can help you do this
• What you should do before talking to potential buyers
• The non-financial issues you need to consider when you are in the selling process

If you liked this episode of unsuitable on Rea Radio, hit the like button or share it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.

Matt Long, a principal on Rea’s own CAS team, joins unsuitable to explain what CAS is and how this service can help companies grow and thrive.

What is CAS?

First thing first: CAS is not the same as outsourced bookkeeping.

Bookkeeping is traditionally done after the fact, while CAS leverages cloud-based technology to perform analysis and provide business advice in real time. So, it’s more than just remote accounting — it’s essentially an outsourced team working to provide the same value as a CFO. Even if a business employs an in-house accounting professional, one person likely doesn’t have the full skill set, resources, or bandwidth necessary to handle this kind of real-time analysis.

If you are part of a small- to mid-sized business, listen to this episode to find out:

• If CAS is a good choice for your business?
• How CAS works to protect a business?
• What CAS will look like in the future?

If you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.

Ted Lape, a partner with Lazear Capital Partners, joins unsuitable to teach us more about the latter - getting your employees involved. He explains what an Employee Stock Ownership Plan (ESOP) is, what it isn’t, the benefits of starting your own, potential pitfalls, best practices, and more.

What Is An ESOP?

ESOPs have gained a lot of traction in recent years. Similar to a 401(k), ESOPs are defined contribution plans. However, instead of receiving Apple or IBM stocks as part of the plan, employees receive stock of the company they work for. It gives employees literal ownership over part of the company, which creates a personal vested interest in growing the company and ensuring it remains successful.

If you're a business owner — especially if you’re starting to think about retirement — listen to this episode to learn:

• When it makes sense to enter an ESOP — and when it doesn’t.
• How ESOPs benefit employees.
• Potential pitfalls and best practices associated with starting an ESOP.

If you liked this episode of unsuitable on Rea Radio, hit the like button and share it on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at https://www.reacpa.com.

Dustin Raber, principal with Rea and director of the firm’s manufacturing services team, has witnessed the strides companies have made to overcome the negative stereotypes. But there’s still a ways to go. On this episode of unsuitable, we’re going to talk about some pressing challenges manufacturers are currently facing and some best practices for manufacturing businesses.

Listen to this episode to learn:

• How to find and retain good employees.
• How to separate your company from the competition.
• What the “new” manufacturing career looks like.

If you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.

When To Use Machine Learning?

Machine learning finds patterns in existing data and uses those patterns to make a prediction about the future, so it's best used to inform decisions. Machine learning is less valuable for capturing insights about your customers and operations. Ultimately, successful machine learning projects are those that heavily impact the way you are doing business today.

If you're ready to bring more machine learning into your business — and especially if you’re not — listen to this episode to learn:

• What machine learning is and why it’s not a synonym for "artificial intelligence."
• About cost-saving turnkey machine learning solutions. 
• How machine learning can help you better understand your customers, quantify your risk, and make intelligent forecasts about relevant KPIs.
• More about how machine learning could have predicted (and perhaps prohibited) the Enron collapse*.

* Power Failure: The Inside Story of the Collapse of Enron 

If you liked this episode of unsuitable on Rea Radio, hit the like button or share it with your professional network. You can also use #ReaRadio to join the conversation on Facebook and Twitter. You can also watch the podcast in action on the Rea & Associates YouTube channel. Additional resources are available at www.reacpa.com.

Brad Circone, former front man of The Toll, joins unsuitable to explain the sorcery that is brand differentiation and what businesses can do to set themselves apart in an overly saturated marketplace.

Shine Bright Like A Diamond

So, how did a small local band become a multi-million dollar international recording artist hailed by Rolling Stone as “the world’s most dangerous band,” touring the world and sharing the stage with international stars? It’s all because of a well-executed brand strategy that aligned with the band, the brand, and the business they wanted to create. We don’t often look to the entertainment industry for business strategy tips, but maybe we should — because there’s a lot that big and small businesses alike can learn from the strategy and creativity of artists like these.

If you want to introduce a little more creativity and strategy into your organization or brand, listen to this episode to discover:

• Why you need to build a cast-worthy, culturally-aligned team fostered on the discipline of brand.
• How to complete a competitive analysis, create a unique selling proposition, and stay on brand – at all cost.
• What it takes to successfully differentiate your brand.

If you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.