August 10, 2026
YHB News
August 11, 2026
Disability Benefits May Have Income Tax Consequences You Don’t Expect
Disability insurance is a valuable benefit provided by many employers. It replaces a portion of the insured person’s income — typically 45% to 65% of pre-disability earnings — after a specified…
YHB Named a 2026 Best Accounting Firm to Work For
July 1, 2021
Audit & Attest
Accounting estimates present challenges in times of uncertainty
In today’s unprecedented market conditions, it can be challenging to predict metrics that underlie your company’s accounting estimates. Examples of key “unknowns” include how much…
June 29, 2021
Non-Profit & Governmental
Understanding the New Presentation and Disclosure Requirements related to Contributed Nonfinancial Assets
In September 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-07 Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets…
June 28, 2021
Audit & Attest
Follow the cutoff rules for revenue and expenses
Timing counts in financial reporting. Under the accrual method of accounting, the end of the accounting period serves as a strict “cutoff” for recognizing revenue…
June 28, 2021
Tax & Consulting
Seniors may be able to write off Medicare premiums on their tax returns
Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get the level of coverage you…