Unraveling the Web of Retirement Accounts
Herbein + Company, Inc. Blog
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1w ago
Planning for retirement often resembles a complex puzzle, with each piece — or, in this case, retirement account — holding a unique role in the financial picture that defines our golden years.  ..read more
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The U.S. Department of Labor Has Spoken: Final Rule Increasing Salary Thresholds for Certain FLSA Overtime Exemptions
Herbein + Company, Inc. Blog
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1w ago
On April 23, 2024, the U. S. Department of Labor (DOL) released its long-awaited Final Rule regarding the new salary-level threshold to qualify for exemption under the FLSA. HR and compensation professionals have been sitting on the edges of our proverbial seats since August 30 of last year to find out where the threshold would land.  ..read more
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Uniform Grants Guidance: Summary of 2024 Revisions
Herbein + Company, Inc. Blog
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3w ago
In April 2024, the Office of Management and Budget (OMB) issued guidance regarding government-wide policies for the award and administration of Federal financial assistance, also known as the Uniform Grants Guidance. These revisions are effective for all Federal awards issued on or after October 1, 2024. Federal agencies may elect to apply the final guidance to Federal awards prior to October 1, 2024, but they are not required to do so. The Uniform Grants Guidance 2024 Revision (the Guidance) contains updates that will reduce burden for recipients of Federal funds and increase the efficiency ..read more
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Q1 2024 Market Commentary
Herbein + Company, Inc. Blog
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1M ago
Herbein is pleased to share the Q1 2024 Market Commentary prepared by Herbein Financial Group ..read more
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Women of Herbein: Spotlighting Their Remarkable Journeys
Herbein + Company, Inc. Blog
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1M ago
Today, women continue to break barriers, challenge norms, and pave the way for future generations.  Yet, behind every success story lies a journey filled with highs and lows, obstacles, and triumphs.  ..read more
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PA Update: Pennsylvania business entities will need to file annual reports beginning in 2025
Herbein + Company, Inc. Blog
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1M ago
A new Pennsylvania law, Act 122, signed in November 2022, has changed how and when Pennsylvania business entities must file information reports withthe PA Department of State ..read more
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Important Business Scam Alert: Beware of Fake Government Business Compliance Notices
Herbein + Company, Inc. Blog
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2M ago
In today's business landscape, owners often navigate through various and intricate business regulations. One example is the recently enacted requirement under the Corporate Transparency Act for New Beneficial Ownership Reporting for Closely Held Businesses. Unfortunately, each new business regulation, such as the Beneficial Ownership Information (“BOI”) reporting, often results in scam opportunities by unscrupulous parties ..read more
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February 2024 Market Outlook
Herbein + Company, Inc. Blog
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2M ago
Herbein is pleased to share the February 2024 Market Outlook prepared by Herbein Financial Group. In this edition, Herbein Financial Group investment advisor representative Matt Kline provides perspectives and insights on the current market environment, opportunities, and risks. Click here to learn more about Herbein Financial Group. Report topics and insights include: A deep dive into Gross Domestic Product (GDP) Insights on the now Mag-4 and increasing interest rates Charts of the month highlighting economic growth vs. stock market growth  For a closer look into these insights and t ..read more
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IRS Update: Enhanced Compliance, Resumption of Notices, and Commissioner's Testimony
Herbein + Company, Inc. Blog
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2M ago
On January 29, the IRS announced the official start of the 2024 tax season - and indicated that the agency expects more than 128.7 million individual tax returns to be filed by the April 15, 2024, deadline ..read more
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Agree to Disagree: Handling Politics and Disputes in the Workplace
Herbein + Company, Inc. Blog
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2M ago
2024 is here – and with it, another presidential election year.  With the arrival of the first 2024 caucuses and primaries, it’s not too early to start preparing your organization by encouraging civil disagreements and promoting a respectful work culture. One of the most challenging aspects for HR and company leaders is learning how to navigate emotional and polarized conversations among employees. We want people to feel valued and welcomed for who they are, but that can prove difficult when some employees’ viewpoints differ drastically from those of their colleagues ..read more
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