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March 08, 2021 BrevardBrevard BusinessBusiness BBNBBN NewsNews Vol.Vol. 3920 No. 110 MarchJanuary 8, 2021 7, 2002 $1.00 A Weekly Space$1.00 Coast Business Magazine with PublishingA Weekly Roots Space in Coast America Publication since 1839 Brevard Job Link key resource connecting firms and job seekers access to America’s Job Bank and other By Ken Datzman employment Web sites, videos, career guidebooks and an in–depth collection of The visibility of the Brevard Job Link periodicals, including “The Wall Street got a big boost in 2001. Journal.” The continuing contraction in the The centers also have computers economy, although a rebound is expected equipped with word–processing software, in 2002, focused a much brighter light on fax machines, copiers, laser printers, and the importance of the organization and telephones with long–distance access. A its mission in the county. videoconference system is available, The four full–service, one–stop career which may be used for conducting centers in Brevard — from Palm Bay to interviews. Titusville — handled significantly Employers, said South, can provide increased traffic, even catering to people the Job Link with its openings free of who have never had a need to tap this charge either online, by fax or phone, resource before. visit one of the centers “or they can ask “It’s been a great year in that we have for a representative to come and see been able to get services out to people them at their place of business. We quicker and more efficiently than ever would like to see every single job order in before,” said Linda South, executive Brevard County to be in the Job Link director of the organization. She added, “I system, so that we can rapidly match think a lot more people have come to skill sets. And if we don’t have the match BBN photo — Adrienne B. Roth understandBerman Hopkins, the valueCPAs & of Associates, the rich re- has served businesseswe’ll use and the organizationsinformation for to createmore than six decades. Its succession plan has played a role in keeping the firm independent. Phil Hayes, who has been sourcesthe firm’s that managing are available partner for in thethe lastBrevard 10 years andeducation with the practiceand training for 20 opportunities years, is now concentrating that on Employee Stock Ow nership Plans and succession planning. Chris McDirmit has succeeded JobHayes Link as centers,the new managing not only partner. from a jMcDirmitob– previouslyare responsive managed to Berman the need. Hopkins’” Orlando office. From left, the partners include: Hayes, McDirmit, Anges Gregory, Robert Nevill, and Carla McRae. seeker’sThey are standpointthe corporate but office also in from Melbourne. the Brevard Job Link is funded through employer’s standpoint.” the Brevard Development Workforce BBN photo — Adrienne B. Roth These information–packed centers Board Inc. in Rockledge. It also has been The four full–service one–stop career centers of Brevard Job Link are seeing increased traffic. Linda South, offer a variety of services to job seekers, successful in winning competitive grants Industry veteran Hayes hands baton toexecutive McDirmit director, said her organization as isnew a rich resource managing for both the job seeker as well aspartner the employer. businesses and the unemployed. For Michael Anderson is associate director. They are at the Melbourne site in Perimeter Center. instance, there are job referrals, Internet Please see Brevarddeck because Job Link, it takes page time, 18 diligence, and effort to put in been planned for a number of years. By Ken Datzman place a succession plan and execute a smooth handoff,” McDirmit joined the practice as a partner six years ago said Phillip “Phil” Hayes, who for the last 10 years has and has managed Berman Hopkins’ Orlando office. The For decades, Melbourne–based Berman Hopkins, CPA been Berman Hopkins’ managing partner. full–service firm also has an office in Titusville, which it What& Associates theLLC, has performedSocial like a well–oiled SecurityBerman plan Hopkins is onewould of the largest firmsmean of its kind torecently you relocated to 917 S. Washington Ave. machine mainly because it smartly addressed andNothing will happenin Central immediately Florida, and proudly toutsThe 16–memberits more than panel six– unanimousl“We yhave worked closely together on this transition,” Byembraced Mary Deibel internal succession planning and firmsince leader- President decadeBush isn’t history expected working to with localapproved businesses these and options organiza- three weekssaid Hayes. ago “I think it’s been a very healthy transition, Scrippsship continuity Howard with Service a passion. make any recommendationstions. to Congress to carry out Bush’s campaign pledgewith Chris to bringing new energy to the position. He’s done As a result of its foresight, the independent,until partner– 2003, after theOverall, 2002 congressional Hayes has worked lforet younger Berman workersHopkins divertfor 20 somean of outstanding the job growing our Orlando office.” owned firm has been able to sidestep a whirlwind of years and was the company’s first non–CPA managing Hayes’ role at the firm is now focused on educating and Here’s what to expect if Social elections. 6.2 percent payroll tax they owe on industry consolidation. partner. He came to the practice with a banking, sales, and helping businesses establish Employee Stock Ownership Security is changed so that younger Basic Social Security checks would be wages to individual accounts that own In the certified public accountant profession, industry finance background. Plans, and he has gained ESOP clients from around the workersconsolidation can i nvestcontinues some to of impact their payrol firms ofl all sizes.smaller And than if calledNow for inafter current 10 successful law. yearsstocks leading and bonds.and growing the nation. He has a podcast (JourneytoanESOP.com) titled taxyou money don’t have in private a succession accounts, plan, as generally yourDepending practice on marketfirm, he performance, has handed the total baton to WorkersChris McDirmit, who opted Berman to take part“The would ESOP Guy.” An ESOP provides a company’s BREVARD BREVARD Presidentand book–of–business Bush’s Social will Security likely beCom- folded intobenefits an acquirer, from SocialHopkins’ Security new plusmanaging your partner.choose from the five low–risk funds, one mission proposed a few weeks ago. personal account could be higher or each for government bonds, corporate PRESORTED or you will see your firm closed altogether. The move, which took effect at the end of 2020, has Please see Berman Hopkins, CPA & Associates LLC, page 23 CurrentSuccession retirees planning and isthose a focused nearing process forlower. keeping bonds and a stocks–and–bonds mix, plus BUSINESS BUSINESS retirementtalent in the — pipeline, anyone 55but or many older small–to–midsized today The commission plans call for extra two stock–index funds that track the US —businesses would get fail Society to plan Security ahead. benefits as tax money of up to $71 billion32904 a year and broader market. Workers could change POSTAGE PAID promisedIt generally under takes the present one to three system. years to executerequire a other changes thatINC. couldNEWS, raise their choice once a year and couldn’t successionWorkers plan, younger depending than 55 on could the size put of the organizationincome or payroll taxes orBUSINESS raise theBREVARD borrow or withdraw money. STANDARD PAID moneyand the into type a ofprivate business. account. No two GOP transition panel plansretirement are alike. age for future retirees. l PLAN 1. “Free Lunch” — lets NEWS, member“One thingand f ormerI can say Congressman about Berman Bill Hopkins isSocial that Securitywe currently collectsPOSTAGE US workers put 2 percentage points of their practice what we preach. We tell our clients to make sure STANDARD Frenzel calls the Bush Commission’s enough payroll tax to pay 100 percentPRESORTED of 6.2 percent payroll tax into a personal three–accountthey identify and alternatives have the next the Freeleader of theirbenefits company through on 2038 and 73 percent of account. Nothing else changes, and INC. Lunch, the Blue–Plate Special and the benefits thereafter if the system isn’t Subsidized Lunch. changed. Please see Social Security, page 16 BBN BREVARD BUSINESS NEWS online at BrevardBusinessNews.com Space Coast Derby Day to include golf tourney as part of its annual fundraiser ROCKLEDGE (Feb. 22, 2021) — For the first time, the Rockledge Rotary Foundation 2021 Space Coast Derby Day will feature a golf tournament as part of the popular yearly fundraiser. The themed event that coincides with the Kentucky al Derby will be on May 1. It will combine virtual and in– nu person participation with adherence to social–distancing h n requirements. t A Beneficiaries include the Salvation Army in Brevard, 8 Crosswinds Youth Services, Hidden Acres Rescue for 1 Thoroughbreds and the Rockledge Rotary Foundation. The Foundation raises funds and makes charitable donations in the community that align with the mission of the Rockledge Rotary Club. The golf tournament will begin at 12:30 p.m. at the Turtle Creek Golf Club. Teams and individuals can register for the best ball golf tournament at Florida Tech spacecoastderbyday.com/golf–tournament. Following the tournament, the Space Coast Derby Day party will take place at the Twisted Birch Restaurant in March 12, 2021 Rockledge. The party runs from 4–8 p.m. It will feature a new ad emailed live auction, a silent auction, and hors d’oeuvres. There will also be a bourbon–tasting area, a live stream of the Kentucky Derby, a wheelbarrow cheer raffle, hat Virtual event at contest, charitable wagering, a 50–50 raffle, and more. “This event is always a good time and this year will be no exception,” said Donna Manfredi, Space Coast Derby Chopperchopper Dropper dropper.com Day 2021 chairperson. “We’ve had to make adjustments to last year’s events because of the pandemic lockdown, holding a strictly virtual Derby Day in 2020.
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