Automotive hacking is on the rise. The number of cyberattacks into vehicle computer systems increased by a staggering 380% from 2021 to 2022, according to Upstream’s 2023 Global Automotive CyberSecurity Report. Don’t buckle up without taking precautions.  What Is Automotive Hacking? The term “automotive hacking” refers to attempts by outsiders to use technology to invade […]

Do your employees feel like they’re being watched? If they don’t, they may be emboldened to steal. In the same way that putting more police officers on streets tends to reduce crime, making your company’s anti-fraud activities more visible can discourage fraud perpetrators. Good internal controls are critical to preventing fraud. But many companies have […]

During a recent Firm luncheon at the New Haven Country Club, BHCB managing partner, Dennis Cole, announced the following promotions: BHCB is committed to building long-term relationships with clients built on a foundation of trust, integrity and exceptional service.  We are extremely proud of our team and congratulate each of our promoted leaders who will […]

There’s more to paying taxes than just federal and state income taxes. Another major tax chore for employers is payroll taxes. These expenditures can be significant, and the reporting requirements can be onerous. So it’s important for small business owners to understand the basics. First off, employers are required to report and deposit payroll taxes […]

Here’s a little-known secret for parents planning to send their children to college in the future: Some of the tax-saving moves you make now could hurt your student’s chances for getting financial aid later. That’s because of the way the financial aid system treats different assets. Retirement plans and IRAs don’t count for college aid […]