H&S Companies

07/08/2026

While it might feel early to think about 2027’s tax season, taking a moment to check in on your taxes at the mid-point of the year can actually be quite helpful. Scheduling a mid-year tax checkup can help your company unlock essential tax-saving options when they are needed, instead of waiting until December or tax season, when options are limited and stress is higher.

Swipe to see how a mid-year tax check-in can be advantageous for your business.

We are here to help make sure your tax strategy matches your business needs every step of the way. If you would like to check in mid-year to ensure you are on the right path, do not hesitate to reach out. We are here to help you.

07/08/2026

Our Fremont office will be **closed on the morning of July 8th**. We’ll reopen in the afternoon and resume normal operations. Thank you for your understanding!

06/29/2026

When it comes to a business exit, what matters most is what you actually keep after taxes.

Join our upcoming webinar to learn how Section 1202 Qualified Small Business Stock (QSBS) may help eligible shareholders eliminate federal capital gains taxes—and discover the key planning strategies needed to qualify for this valuable exclusion.

Whether you're a founder, investor, or advisor, understanding QSBS could make a significant difference in your long-term wealth strategy.

Register today via the link below and position yourself for a more tax-efficient exit.

https://www.hscompanies.com/events/how-to-keep-100-of-your-business-sale/

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.