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…
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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…
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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…
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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…
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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…
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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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