Business: Beyond the Obvious
Clark Schaefer Hackett
We are more than an accounting and advisory firm; we’re striving to be your most valued advisor.
Sharpen your competitive edge with the latest expert financial, tech, operational, and HR insights.
Financial
IRS 2025 Retirement Plan Contribution Limits
The IRS has released the 2025 inflation-adjusted contribution limits for retirement plans in Notice 2024-80. While many retirement plan limits will see increases, the adjustments are smaller compared to previous years. As a result, your ability to boost retirement savings may be more restricted, depending on the type of plan you have. Maximize your retirement plan potential and check out our full article.
TCJA Sunsets: Quick Hits for Individual Taxpayers
Discover how the possible expiration of key Tax Cuts and Jobs Act (TCJA) provisions could impact your tax planning. With significant changes like adjusted tax brackets, reduced deductions, and revised credits on the horizon, it's crucial to stay informed. While the future of these provisions will depend on legislative decisions, understanding your unique tax implications is key. Read our full article to get a quick rundown of the major TCJA provisions at stake of expiring.
The 6 TCJA Provisions Without a Sunset Date
While most TCJA provisions will sunset in 2025, some are here to stay, offering valuable tax benefits that could continue indefinitely. From alimony deductions to expanded 529 education savings, there are a number of provisions that individual taxpayers will continue to reap the benefits of. Read our full article to polish up on six TCJA provisions that are set to continue, barring any legislative changes.
Unlocking the American-Made Advantage in Manufacturing
As supply chains face ongoing challenges, many manufacturers are exploring the advantages of American-made production. Shifting to domestic manufacturing comes with a variety of benefits, like boosting customer appeal, but is sometimes accompanied by higher costs. It’s important to consider a variety of factors when evaluating a "Made in USA" strategy and understand how it can impact your brand’s value and competitive edge. Read our full article and discover if an American-made approach could be the right move for your business.
Understanding Your Role as an ERISA Plan Administrator
Plan administrators and sponsors are fiduciaries with a legal duty to act in the best interests of their plan’s participants. This role requires them to demonstrate the highest level of care, integrity, and accountability in managing retirement assets. Given the critical nature of these responsibilities, the U.S. Department of Labor enforces strict standards to ensure fiduciaries meet their obligations and protect participants' interests. As experts in retirement plan administration, we can help you understand and implement best practices to protect the plan and its participants. Check out our full article.
Technology
Data Breach Response Plan: 5 Common Pitfalls
Is your data breach response strategy ready? How you respond to a breach can be the difference between quick recovery and long-term damage. Our latest article shares 5 common pitfalls to avoid and essential tactics to minimize the damage. Read the article to ensure your organization is prepared.?
What’s a Red Team Engagement and Why Your Business Needs It
A Red Team engagement is one of the best ways to reveal hidden vulnerabilities and test your defenses against advanced cyber threats. By simulating real-world attacks, Red Teams help organizations:
Learn more about the benefits of Red Team engagements in our latest article and see how proactive cybersecurity can make all the difference in protecting your business.
Four Reasons Why Third-Party Risk Assessments Are a Growing Need for Businesses
Third-party vendors are essential for business, but they also bring risks. Recent cyberattacks have shown the vulnerabilities associated with external partners, leading to financial losses, reputational damage, and even legal penalties. A Third-Party Risk Assessment helps you:
Read our article on third-party risk management to learn how you can protect your organization.
领英推荐
Steps for Conducting a CMMC Gap Analysis
With the 2025 compliance deadline approaching, conducting a proper gap analysis isn't just about checking boxes—it's about protecting your defense contracts and national security. We've developed a strategic 8-step framework that helps defense contractors:
Learn more in our latest article and help your organization stay ahead of compliance requirements.
Operational
How Can My Company Choose Between Different Types of Recruitment Services?
Hiring doesn’t have to be overwhelming. Our latest article breaks down four recruitment services: RPO, staffing agencies, retained search, and contingency recruiters, each designed to help your team achieve its hiring goals. Whether you need help with interim staffing, specialized roles, or improving your recruitment function, we’ve got you covered. Find out which recruitment service fits your needs best.
How to Re-Energize Your Team Through Training & Development
Is your team feeling the strain of today’s workplace challenges? Don’t let engagement slip! A recent Gallup survey shows that opportunities for growth and development are essential to keeping employees motivated. Wondering where to start?
A little investment in growth can re-energize your team and boost retention. Get the full strategy in our article.
Human Resources
How To Follow ACA Reporting Requirements & Avoid Penalties
Did you know that ACA non-compliance can cost organizations millions in fines? For 2025 reporting, employers with self-insured benefits or 50+ full-time employees must file IRS Forms 1095 and 1094 on time to avoid penalties. For a full breakdown of ACA requirements, deadlines, and compliance strategies, check out our latest article.?
What are the Best HR Practices for the End of the Year?
With the end of the year approaching, take this opportunity to celebrate accomplishments and gear up for an even better year ahead. We find it is helpful to have a robust year-end HR checklist to ensure nothing is missed. Our interactive checklist is designed to set up your HR department for success. Read our latest article.
How to Offer Training & Development for Remote Employees
Engaging and developing remote teams doesn’t have to be costly or complicated! With remote work here to stay, many organizations are rethinking their approach to training and development. How can you keep remote employees engaged and growing on a budget?
Our article shares practical, cost-effective solutions from e-learning to virtual Lunch-and-Learns to help your remote workforce stay motivated and connected.
Upcoming Webinar
Get Ready for 2025: Power Your Business for Success
Wednesday, January 15th at 1:00 PM (ET)
The new year is just around the corner—are you ready to set your business up for success in 2025? Join our top consulting experts, who will share actionable insights to help you tackle the year ahead with confidence. Register today to submit your questions to our experts and receive a recording of the webinar!
Clark Schaefer Hackett is more than an accounting and advisory firm; we’re striving to be your most valued advisor. We accomplish this through becoming an extension of your team in areas such as financial, technological, operational, and human resources. Connect with us today to discuss how we can support your growing organization through our family of brands: Clark Schaefer Consulting and Clark Schaefer Strategic HR.