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With projected labor shortages of 2.1 million by 2030 and the use of AI (Artificial Intelligence), Industrial Robotics is expected to increase by nearly 14 percent by the end of 2023. But the [...]

In the dynamic and competitive construction industry, financial management plays a pivotal role in companies’ success and sustainability. One crucial tool is a financial budget. Developing and [...]

In accounting terms, internal controls are the process of having a reliable and efficient process to report accurate financial information. However, internal controls are more than that for many [...]

Is donor information disclosure required? It’s important to know if your organization might need to disclose donor information. Some organizations are required to file a Schedule B with their [...]

Highlights of the July edition of the HBK Risk Advisory Services webinar series hosted by William J. Heaven, CPA/CITP. CISA, CSCP, Senior Director, HBK Risk Advisory Services. Watch On-Demand. [...]

Understanding and using accounts receivable best practices is vital for startups seeking a healthy cash flow. Have you ever wondered why some businesses find it easy while others struggle to [...]

In recent years, cryptocurrency has become increasingly popular as a digital asset. With its rising popularity, the Internal Revenue Service (IRS) has taken notice and implemented regulations [...]

The Tax Cuts and Jobs Act (TCJA) of 2017 provided for a 37.5 percent tax deduction under IRC §250 on Foreign-Derived Intangible Income (FDII). The introduction of tax on Global Intangible [...]

Manufacturers have battled many challenges over the past few years. Like for many industries, struggles to recruit and retain employees have been significant. Recent information from the [...]

Manufacturers have faced several challenges in the last few years (COVID-19, supply chain shortages, labor shortages, inflation) and have had to evolve to stay current and remain competitive in [...]