IRS New Pilot Inspection Program for Retirement Plans
By Niki Stehlik,ManagerIn June 2022, the IRS began sending notices to retirement plan sponsors for examination of their employee retirement plans. This new inspection program requires plan sponsors to self-review their plans for non-compliance. If non-compliance is...
CONSTRUCTION AHEAD: OPPORTUNITIES AND CHALLENGES IN 2022
The Infrastructure Investment and Jobs Act (H.R. 3684) will inject approximately $3 trillion into upgrading and expanding U.S. infrastructure, presenting a long horizon of opportunity for the construction industry. But to what extent will ongoing supply chain...
9 Ways to Bask in Summer Tax Savings
Remember the excitement of the last day of the school year? Many adults have fond childhood memories of being off from school for the summer. But summer break isn't just for kids. Here are nine potential summertime tax breaks for grown-ups — including many that allow...
Manufacturers, Aim to Hire “Target” Workers This Year to Claim the WOTC
If your manufacturing company is like many others in the industry, you're having difficulty finding top-notch new hires to expand your workforce as well as to replace employees who are retiring or quitting. At the same time, you'd like to reduce your tax liability for...
Tips for Increasing Nonprofit Employee Retention
By Morganne Fuller, Senior Accountant It's no secret that the world is experiencing a new climate that goes even beyond high-profile topics such as COVID-19 and politics. This new climate does not discriminate against any type of business, especially the...
Salary Increase Budgets Jump for Nonprofits
In the face of the “Great Resignation” and rising inflation, organizations are taking a second look at the size of their salary increase budgets. For the last decade, budgets for merit increases have hovered around 3%. Now, salary increase budgets are on the rise to...
Ready to Embrace Data Analytics?
Answer Three Simple Questions to Get Started For most business owners and organizational leaders, the term “data analytics” has become standard (arguably essential) lingo in recent years. Although most savvy leaders easily recognize the importance of using data to...
DOL Issues Cybersecurity Guidance for Retirement Plans
The Department of Labor (DOL) outlined a range of practices for combatting the growing threat of cybercrime to ERISA-covered retirement plans. This first-ever cybersecurity guidance issued by the DOL’s Employee Benefits Security...
Engaging Donors at Every Level: A Checklist
By Andrea Espinola Wilson and Adam Cole Nonprofit organizations have been navigating change in almost every aspect of their operations over the past two years, including shifting priorities, a new employment landscape, and changes in fundraising and hosting programs...
Meet the Interns 2022
HBE’s intern program has been designed to provide college students considering a career in public accounting with real world experiences in audit, tax, and business advisory related services. Unlike traditional intern programs, our intent at HBE is to provide our...