The Biden administration has announced several reforms to the popular Paycheck Protection Program (PPP) to bring greater relief to the smallest and most vulnerable businesses. Among other things, the administration…
Read Article On Monday, February 22, President Biden announced changes to processing PPP applications. Most significantly, starting Wednesday February 24, 2021, SBA will only allow businesses and nonprofits with fewer than 20…
Read Article Friends and Clients of YHB, No matter your situation, 2020 was a unique experience for all. Regardless of our individual life circumstances, we all were impacted by this past year’s…
Read Article With a new administration comes the possibility of new tax laws. The basic proposals under Biden’s tax plans that were laid out during the campaign trail only impact taxpayers if…
Read Article Businesses and not-for-profit entities capitalize machines, furniture, buildings, and other property, plant and equipment (PPE) assets on their balance sheets. Here’s a refresher on some common questions about how to…
Read Article If you have a traditional IRA or tax-deferred retirement plan account, you probably know that you must take required minimum distributions (RMDs) when you reach a certain age — or…
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