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...
Tax Information Transmission
Tax Information Transmission January 31, 2022 We remain committed to providing timely tax services that you can trust and rely on. However, given the added complexities of the ongoing relief measures, combined with the anticipated IRS backlog, it is in your...
Potential Tax Changes in Biden’s “Build Back Better” Bill
Potential Tax Changes in Biden's "Build Back Better" BillNovember 5, 2021 HBE’s Rapid Response Team continues to monitor and review the potential tax changes that may be included within President Biden’s “Build Back Better” legislation. The bill, which has been the...
Advance Child Tax Credits Under the American Rescue Plan Act
Advance Child Tax Credits Under the American Rescue Plan Act June 11, 2021 Starting in July, families who are eligible for the Child Tax Credit will start seeing some enhanced credits and direct payments of the credit, thanks to some changes under the American Rescue...
Timely Updates on Economic Relief Programs
Timely Updates on Economic Relief Programs April 12, 2021 Over the past couple of weeks, important updates have been announced for several of the federal COVID-19 economic relief program. These program updates include the following:Funds Likely to Run Out Before May...