YHB News

Jul

Major Tax Legislation Alert: What’s Inside the One Big Beautiful Bill (OBBB)

On July 4, 2025, the One Big Beautiful Bill Act (OBBB) was signed into law, a sweeping piece of tax and economic legislation that will have wide-ranging impacts on individuals,…

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No Tax on Tips and Overtime…

Beyond Compliance: Turning Loan Ratings into…

IRS to Phase Out Paper Checks…

No Tax on Overtime? – Be…

Coming soon: New accounting rule on government assistance disclosures

December 3, 2021

On November 17, the Financial Accounting Standards Board (FASB) issued a new accounting standard on disclosing certain types of government incentives that businesses receive to set up shop in a locality.…

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With year-end approaching, 3 ideas that may help cut your tax bill

November 30, 2021

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are three quick strategies that may…

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Are you ready for the upcoming audit season?

November 29, 2021

An external audit is less stressful and less intrusive if you anticipate your auditor’s document requests. Auditors typically ask clients to provide similar documents year after year. They’ll accept copies…

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New digital asset reporting requirements will be imposed in coming years

November 23, 2021

The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally apply to digital asset transactions starting…

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U.S. House passes the Build Back Better Act

November 22, 2021

The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. The Build Back Better Act (BBBA) includes numerous provisions related…

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UPDATE: Build Back Better Act Passes the House

November 19, 2021

On November 19, 2021, the House of Representatives voted 220 to 213 to pass the Build Back Better Act. The bill will now go to the Senate and is expected…

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