phoneFairfield 203.333.2228 phoneNew Haven 203.787.6527

Author Archive

Congratulations to our very own Jennifer Schempp – CTCPA Women’s Awards Distinguished Service Award Winner

Posted on November 9th, 2023 by Shari Elias

Jennifer J. Schempp, CPA Beers, Hamerman, Cohen & Burger, PC Jennifer is a partner at Beers, Hamerman, Cohen & Burger, PC and is part of the team that oversees the audit and assurance practice at the firm. She has expertise in the employee benefit plan industry, specializing in ERISA plan auditing. She is treasurer of […]

BHCB Welcomes new Tax Senior

Posted on October 17th, 2023 by Shari Elias

Beers, Hamerman, Cohen & Burger, PC is excited to announce that we have added a Tax Senior to our growing team. Francine Kasweka will be working out of our New Haven office as of October 17th.   Welcome Francine! We are thrilled to have you.

Year-End Holiday Parties and Gifts: What’s Taxable?

Posted on October 10th, 2023 by Shari Elias

The holidays are just around the corner, and now is the time for employers to start thinking about treating their employees with holidays parties or gifts. Such gestures are always a nice idea. Plus in a tight labor market, they can be a smart way to show appreciation and boost retention. But you need to […]

Will Your Crypto Transactions Be Reported on a Form 1099?

Posted on October 3rd, 2023 by Shari Elias

Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency transactions — especially when it comes to issuing and receiving a Form 1099 for 2023. If you buy something with cryptocurrency, you won’t receive one. However, you may receive a Form 1099 if you receive a crypto payment. There are several […]

Update on New Retirement Account Catch-Up Contribution Rules

Posted on September 26th, 2023 by Shari Elias

The Setting Every Community Up for Retirement Enhancement (SECURE) Act brought numerous changes to the retirement and estate planning landscape in late 2019. Congress followed up with the SECURE 2.0 Act in late 2022. This law introduced some additional taxpayer-friendly changes, including an increase in the limits for retirement account catch-up contributions for individuals who […]

BHCB welcomes New Audit Staff

Posted on September 5th, 2023 by Shari Elias

Beers, Hamerman, Cohen & Burger, PC would like to extend a warm welcome to Victoria Savluk, who will be working as Audit Staff. Victoria graduated with a Bachelor’s degree in Accounting from Lasell University in May 2023 and just completed an internship as an audit intern at Ernst & Young in Boston. She will be […]

How to Curb Automotive Hacking

Posted on August 22nd, 2023 by Shari Elias

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 […]

How the Risk of Detection Reduces Fraud

Posted on August 15th, 2023 by Shari Elias

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 […]

BHCB is delighted to announce growth and expansion to our leadership team!

Posted on August 8th, 2023 by Shari Elias

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 […]

6 Types of Payroll Tax Obligations Employers Should Know

Posted on August 8th, 2023 by Shari Elias

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 […]