The current business landscape looks very different than it did at the start of the year — and leaders are finding that the key to staying competitive is the ability to adapt. At the start of 2025, more than 200 North American leaders shared their outlooks on business resiliency in HLB’s Survey of Business Leaders. The data painted a picture of cautious opti [...]

From film and television to music and theater businesses, the entertainment industry can now take advantage of expanded deductions designed to speed up cost recovery and strengthen cash flow under the One Big Beautiful Bill Act (OBBBA). The OBBBA, H.R. 1, P.L. 119-21, broadens the bonus depreciation framework and expands §181 to cover qualified sound recording product [...]

Middle-market companies often find themselves ready to manage complex operations, like multiple product lines, multi-channel sales and tight supply chains, yet are still relying on manual spreadsheets and static reports to make critical decisions. Unlike Fortune 500 peers with dedicated data teams, middle-market businesses often have lean finance and operations staff [...]

Companies that intentionally create space for self-care and well-being consistently outperform their competitors in both innovation and employee engagement. As Mental Illness Awareness Week and World Mental Health Day remind the world each October, mental health is inseparable from workplace success. Leaders who invest in employee well-being are not only protecting th [...]

Preparing for an employee benefit plan audit can feel daunting, but it can be done without disrupting day-to-day business responsibilities. With the right preparation and awareness of common challenges, plan administrators can reduce stress, ensure compliance and keep everything on track. Annual audits for plans with 100 or more participants with account balances [...]

For software executives and investors, the difference between a successful acquisition and a costly misstep often comes down to one thing: understanding the numbers that tell the company’s story. Key Performance Indicators (KPIs) reveal how efficiently a target operates, how scalable its model is and whether its growth is sustainable after the deal closes. Knowing whi [...]

In recent weeks, President Donald Trump again suggested imposing tariffs on films produced outside the United States. The idea quickly captured headlines, sparking concern across Hollywood about potential consequences for global productions and U.S. studios that rely on international filming locations.At its core, the proposal would tax films made abroad and impo [...]

As many organizations wrap up their fiscal 2025 audits, they are left without clarity on the 2025 Office of Management and Budget (OMB) Compliance Supplement. This in-between period, in which the OMB Compliance Supplement has still not been officially released, continues to challenge leaders in the nonprofit and audit community. For organizations subjec [...]

As organizations increasingly rely on data to drive decisions, financial leaders are looking for ways to enhance transparency, accountability and efficiency. Artificial intelligence (AI) is changing the way audits and assurance engagements are performed that enable professionals to analyze more data, detect risks earlier and deliver deeper insights in less time.While [...]

What steps can you take if a trust mistakenly becomes an ineligible shareholder of your S corporation? Trusts typically become a potentially ineligible shareholder following the death of the owner or their spouse when a revocable trust held S corporation stock during the owner or owner’s spouse's lifetime. Subsequently after the death of the owner or owner’s spouse, a [...]