Podcast | Business Process Optimization
Bronach Branan leads PBMares' Internal Audit and Assurance Operational Excellence team, making her an excellent guest to discuss her area of expertise: Business Process Optimization.
7 Best Practices for Franchise Accounting
By Charles Dean Smith, Jr., CPA Strong accounting practices lay a solid foundation for building success as a franchise owner. In this article, the experts [...]
Podcast | Franchises
A small business owner and CPA, Charles Dean Smith understands firsthand what it's like wearing many hats. Listen as he discusses the intricacies of managing franchises in this podcast.
A Glossary of Common Franchise Terms
When considering purchasing a franchise, it’s helpful to first become familiar with various terms and concepts. In this article, we'll outline common franchising terms in four categories.
IRS Flags Phishing and Smishing in 2024 Tax Scams Alert
The IRS warns of phishing and smishing as top threats in its 2024 “Dirty Dozen” tax scams list. These tactics use fraudulent emails or texts posing as the IRS to extract personal and financial data. IRS Commissioner Danny Werfel urges caution, emphasizing the IRS does not initiate contact via email or text for such information.
IRS releases plan to triple its audit rates on large corporations
Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.
For Franchises: Strategic Management Tools
In this article, we’ll outline types of strategic management tools for franchises and dive further into the various benefits.
Understanding IRS Letter 6612 for ERC Claims
IRS Letter 6612 signifies an audit of Employee Retention Credit (ERC) claims, prompted by a surge in ineligible applications. Businesses receiving the letter must provide detailed documentation within 30 days to prove their ERC eligibility or face possible claim denial.
Podcast | “Greatest of All Time” Internal Revenue Code Sections
In this podcast, PBMares Partner, Sean O'Connell, summarizes IRS Code Sections that could include financial savings for individuals and businesses.
The Future of the Franchise Model
Learn about the future of the franchise model and best practices of successful franchises.