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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4 Common Accounting Errors for Not-for-Profits…

How Construction Businesses Can Establish Themselves…

Your not-for-profit has lost an executive.…

IRS Notice 2023-30: Safe Harbor Deed Language for Conservation Easement Clauses

June 7, 2023

The IRS has recently released Notice 2023-30, which introduces safe harbor deed language for extinguishment and boundary line adjustment clauses within conservation deeds of easement. This important update is in…

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Being a gig worker comes with tax consequences

June 5, 2023

In recent years, many workers have become engaged in the “gig” economy. You may think of gig workers as those who deliver take-out restaurant meals, walk dogs and drive for…

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FASB votes to exempt private companies from disaggregation of income statement project

June 5, 2023

Private companies can breathe a sigh of relief: The Financial Accounting Standards Board (FASB) and the Private Company Council have agreed to give them a pass on a coming proposal…

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Benefits of a living trust for your estate

June 5, 2023

You may think you don’t need to make any estate planning moves because of the generous federal estate tax exemption of $12.92 million for 2023 (effectively $25.84 million if you’re…

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5 tips for avoiding profit fade

June 2, 2023

Profit fade can be a serious problem for construction companies. It’s not only a red flag for sureties and lenders, but also a negative indicator regarding the overall financial performance…

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Achieving the right balance of working capital

May 15, 2023

Working capital — the funds your company has tied up in accounts receivable, accounts payable and inventory — is a critical performance metric. During times of rising inflation and interest…

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