From Collator to Colorado

By Wiss, Posted in Wiss Gets Personal

By Connor Doyle Hindsight is 20/20, but sometimes it takes time to get the full picture. My story begins at college graduation. I was bright eyed, bushy tailed, and without a job. One of my top accounting firm choices, Wiss & Company, had just turned me down for an internship. After an overly anxious two months, a last minute drop from the temporary positions in the Wiss tax department opened up with what I came to know as one of the most unglamorous jobs in accounting. I took a job as a Collator. It... read more.

Top Business Leaders Learn to Shift Awareness to Maximize Performance

By Wiss, Posted in General Business

Dr. Nick Molinaro, Ed.D., P.C. As I have explained in this previous post regarding my work as a licensed psychologist with high-level athletes, awareness and focus are critical. Those same mental skills serve the leadership skills of the exceptionally performing business leaders I work with as well. Let’s drill a little deeper into how the performance abilities of both groups align. From a psychological viewpoint, there are two types of sports – closed and open – and many top athlet... read more.

Valuing Your Company: What to Know Before Seeking Business Valuation

By Wiss, Posted in General Business

By Brittney Neal Businesses change hands all the time, for a variety of reasons. Whether they're sold, gifted, merged, passed on to next of kin, or divided among former partners, family members or divorcing spouses, ownership of even the most stable of businesses at some point will change. And when a business changes hands in whole or in part, the parties involved need to have an accurate picture of the value of the sum total of the company's assets. That makes a business valuation an essential part of an... read more.

Launching A Business: What to Consider When Beginning Your Startup

By Wiss, Posted in Emerging Companies

By Patrick D’Angelo, CPA The first step toward launching your own business is having an idea. But even if you have an idea for a business, you may have no idea about the legal and tax obligations that await you should you put that idea into practice.  Here are several things to keep in mind before getting your startup off the ground. Separate yourself from the business Running your business through your personal bank account might seem easy and convenient, but unless you keep your business an... read more.

The Language of Success

By Wiss, Posted in Wiss Gets Personal

By Kimberly Bustamante Picture yourself hiking in the Sonoran Desert in Arizona. Miles of warm, red soil stretch out in front of you, dotted by jagged rocks and sporadic cacti. In the distance the sharp ridges of a mountain range catch the sun.  What words would you use to build out this scene? Unwelcoming? Desolate? Foreboding? Beautiful? Wonderous? Tranquil? The words that come to mind have a physical effect on your brain and a powerful effect on your behaviors, feelings and actions.  Brain s... read more.

Changing Overtime Rules? New Recommendation Could Change Who Qualifies

By Wiss, Posted in General Business

By Laura Melville Under current regulations, employees are exempt from overtime pay if they meet three criteria: the employee must be salaried, perform executive, administrative or professional duties, and earn more than $455 per week, or $23,660 per year. The current salary threshold was enacted in 2004. But that salary threshold could be increasing, as the U.S. Department of Labor last year recommended raising the salary criteria to $913 per week, or $47,476 per year. (The rule was scheduled to take eff... read more.

The Power and Pitfalls of Pressure

By Wiss, Posted in General Business

By Connor Doyle There are few things done in the business world that are performed at a leisurely pace. Owners don’t wander through their fiscal year, money doesn’t change hands without intent, and bosses don’t demand 10% of one’s abilities within a project. More often than not, there’s an urgency to requests. There’s an unspoken agreement that a concerted effort will be made towards completion in a timely manner. With that request comes pressure, and with that pressure... read more.

Utilizing a Triple Bottom Line Approach for your Future Success

By Wiss, Posted in General Business

By Arnold Macalintal Yes, businesses can do good while also maintaining a healthy balance sheet and income statement. That’s the premise behind a triple bottom line approach, also known in some circles as TBL, or 3BL. The intent isn’t just to meet the company’s financial bottom line—it’s to focus on two others as well: social and environmental impact. The idea is to give equal consideration to the importance of people, planet and profit for the overall betterment of the busine... read more.

Advice for Accounting Newbies: Words of Wisdom for Future Staff 1’s

By Wiss, Posted in Workplace Culture

By Danielle Patton Stepping into a brand new position in the accounting industry can be both exciting and intimidating. Even if you have acquired internships in the past, clocking in on your first official day as a Staff 1 will unlock access to a completely divergent domain full of new experiences and opportunities. To prepare yourself, here is some inspirational advice from our very own Wiss team, sharing some pointers on how to make your Staff 1 experience as unique and beneficial as possible! “B... read more.

Enhancing Business Leadership and Performance Through Awareness Training

By Wiss, Posted in General Business

By Dr. Nick Molinaro, Ed.D., P.C. Successful business leaders have a skill set that includes curiosity, wisdom, courage, creativity, tenacity and the ability to lead, motivate and energize others. But one key trait—and the one that serves as the foundation of all others—is awareness. Internal and external awareness makes business leaders more sensitive to their environment and the conditions in front of them, and to how they’re perceived by employees, partners, vendors, customers and deci... read more.