YHB News

Mar

Should your bank outsource its internal audit program?

For community banks, a strong internal audit program is a critical tool for ensuring regulatory compliance, managing risk, maintaining operational efficiency, and inspiring confidence in their financial and reporting practices.…

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YHB Recognized Among Largest Accounting Firms…

YHB Named to Accounting Today’s Top…

Riding the tax break train: Maximizing…

IRS and Treasury release guidance on the monetizing energy credits

June 20, 2023

ARTICLE | June 20, 2023 Authored by RSM US LLP Executive summary: Proposed and temporary regulations Section 6417 was added to the Internal Revenue Code (Code) by the Inflation Reduction…

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YHB Principal Krystal McCants Appointed as Vice Chair for VSCPA

June 12, 2023

YHB is pleased to announce that Principal Krystal McCants has been selected as the Vice Chair for the Virginia Society of CPAs (VSCPA) 2023-24 Board of Directors. McCants, a trusted…

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How to leverage AI in your accounting department

June 8, 2023

Many people speculate that artificial intelligence (AI) will replace humans for certain work-related tasks in the future. But accounting and finance jobs may be safe — at least for now.…

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What’s in the Fiscal Responsibility Act?

June 8, 2023

President Biden has signed into law the new debt ceiling agreement that he reached with U.S. House of Representatives Speaker Kevin McCarthy (R-CA). The Fiscal Responsibility Act (FRA) suspends —…

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Reduce the impact of the 3.8% net investment income tax

June 8, 2023

High-income taxpayers face a regular income tax rate of 35% or 37%. And they may also have to pay a 3.8% net investment income tax (NIIT) that’s imposed in addition…

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4 tax challenges you may encounter if you’re retiring soon

June 8, 2023

Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown of four…

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