For many businesses, accounts receivable (AR) are more than just a line item on the balance sheet. This account provides a key indicator of potential cash flow, customer relationships and…
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YHB is proud to share that Principal Krystal McCants, CPA, has been appointed as Chairman of the Virginia Society of Certified Public Accountants (VSCPA) Board of Directors for the 2025–2026…
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Does your not-for-profit use crowdfunding platforms — such as Kickstarter, GoFundMe and Indiegogo — to raise money? Many not-for-profits have found they’re a great way to engage potential supporters, particularly…
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The Tax Cuts and Jobs Act (TCJA) significantly limited the types of theft losses that are deductible on federal income taxes. But a recent “advice memo” (CCA 202511015) from the IRS’s…
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Getting Back to I&T Basics: I began my auditing career in the financial services industry. Getting an understanding of any given bank’s information & technology (I&T) environment and processes was…
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Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions we hear each spring. 1.When…
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