H&S Companies

06/10/2026

Running a small business comes with a lot of moving parts, and ensuring your business remains compliant with the IRS is one of the most important. That said, we wanted to share a few practical steps to help reduce your audit risk and keep your business compliant. Swipe to learn more.

If your business is ever contacted by the IRS regarding an audit, it’s important to remain calm. It is crucial to respond to an audit carefully, gather the requested records, and get guidance before sending anything back to the IRS.

If you’ve received an IRS notice or would like to talk through any of these steps, don’t hesitate to reach out. We are here to be a resource for you.

06/08/2026

Most business owners would prefer to avoid extra attention from the IRS. While no one can guarantee that a return will never be selected for review, there are practical steps you can take to reduce audit risk. Swipe through for the first set of habits we recommend keeping year-round.

If your business is ever contacted by the IRS, don’t panic. The most important thing is to respond carefully, gather the requested records, and get guidance before sending information back.

That said, if you’ve received an IRS notice or would like to talk through anything we mentioned in this post, please give our team a call. We are happy to help you review your records, answer questions, and make sure you feel prepared.

06/05/2026

We were honored to attend yesterday's Best and Brightest event and even more honored to be recognized as one of the Best and Brightest Companies to Work For. This award is a reflection of our amazing team, whose dedication, collaboration, and commitment to excellence make our workplace truly special.

Creating an environment where employees feel valued, supported, and empowered is at the heart of what we do. We're proud of this achievement and grateful to every team member who contributes to our culture each day.

Thank you to the Best and Brightest program for this recognition, and congratulations to all of the outstanding organizations recognized this year!

06/03/2026

The IRS sends you a notice! What to do? This month's letter walks you through the process, plus much more!

As summer settles in and schedules fill up, a few smart decisions now can help you avoid costly surprises later. In this issue, there are strategies to strengthen your financial footing – from midyear tax planning opportunities to knowing when to call for help with an IRS notice. There is also...

05/28/2026

Our Grand Rapids area offices (Standale, Cascade, Rockford & Greenville) will be closed this Friday as our team participates in a Community Service Day.

If you have a scheduled appointment, no need to worry, we’ll still be here and ready to meet with you as planned.

We appreciate your understanding as we spend the day giving back to our community!

05/28/2026

Are you aware of the 2026 contribution limits for tax-advantaged retirement accounts? If not, we’ve got you covered, with a quick look at what’s changing:

✅ 401(k), 403(b), 457, and TSP limits will increase to $24,500 (up from $23,500).
✅ Workers age 50+ can contribute an additional $8,000 (up to $32,500 total).
✅ IRA contribution limits will rise to $7,500, with a $1,100 catch-up option.
✅ “Super catch-up” contributions for ages 60-63 remain at $11,250.

Now is a good time to evaluate your current savings plan, explore your IRA options, and decide whether catch-up contributions make sense for your 2026 goals.

If you’re self-employed, it may also be worthwhile to review whether your SEP IRA or solo 401(k) plan needs an update.

Need help navigating these changes? Contact us to discuss how you can maximize these increased limits for your retirement strategy.

05/26/2026

Quarterly deadlines can come fast. Staying ahead of key tax dates helps keep your business running smoothly and avoids last-minute stress or penalties.

Our team is here year-round to help with filings, extensions, and planning support whenever you need it. Reach out anytime, and we'll make sure you're covered.

05/22/2026

There's still time to lower your tax obligation. Here are five great ideas to consider.

Now is a great time to assess your current tax situation and address any lingering tax questions that may improve your tax picture this year. Here are five things to consider.

05/21/2026

Tax season may be over, but smart business owners know the tax work doesn’t stop there! Take note of these key steps to set your business up for success this year.

Have questions about your return or other account matters? Reach out. We’re here to help you all year long.