Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of the most sought-after employee benefits — can be impacted when a substantial number of employees are involuntarily terminated.

On December 13, 2019 the U.S District Court approved a $5.54 billion settlement to the plaintiffs in a class action lawsuit against Mastercard & Visa.

In February, 2016, the Financial Accounting Standards Boards (FASB) issued an Accounting Standards Update (ASU) 2016-02 to significantly change how operating leases were to be recorded to comply with accounting principles generally accepted in the United State of America (US GAAP).

Regulatory requirements and filing deadlines set forth by the Employee Retirement Income Security Act (ERISA).

April is Financial Literacy Month.

You've filed your return, what do you do next?

Two significant regulatory changes to retirement plans require immediate attention from plan sponsors, both to ensure current operational compliance and to comply with upcoming deadlines.

Growing CPA firm recognized nationally in Accounting Today’s annual ranking

Tax filing extensions for those affected by the December 9, 2023, tornadoes and storms in parts of Tennessee.

HHM CPAs was honored to be the presenting sponsor of the Cirque du CMOM 2024, a fundraising event benefiting Children's Museum of Memphis (CMOM). ‍

HHM CPAs was proud to sponsor this years’ CHI Memorial Pink! Gala this past January. HHM partner, Brittany Carman, along with her husband, Tyler, were this year’s co-chairs of the event, alongside Beaumont and Jabo Covert.

This year the 2023 tax filing deadline is April 15th, 2024, which is fast approaching.

In an era marked by significant challenges, including declining headcounts and the sunsetting of COVID-related funding, the impending Great Wealth Transfer emerges not just as an opportunity but as a critical lifeline for institutions seeking to stabilize and grow their financial foundations.

HHM Certified Public Accountants, a full-service CPA and consulting firm with locations in Chattanooga, Memphis, and Cleveland, has added Steven Ramsey, EA, and Susan Jeffery, CPA, CGMA, to the Chattanooga office, and Mark Grochau, CPA, to the Memphis office.

We have compiled some of the most commonly asked questions we receive from clients and have provided some answers and guidance.

Five practical strategies to address these challenges and ensure compliance.

A bill was introduced in Congress this week entitled The Tax Relief for American Families and Workers Act of 2024.

Applications like Venmo and its competitors have made day-to-day transactions among family and friends easier and has made it easier for tech savvy folks to be “cash free.” Additionally, it has allowed several businesses to run below the IRS’s radar, ushering in a new era of tax evasion since income is moved from customer to owner without ever touching the ledgers.

Dealers be aware of this important update.