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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It doesn't matter what business you're in, “cash is king”, and truly knowing your cash flow as opposed to monitoring cash on hand will allow you to better manage your…
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SBA has re-opened the EIDL advance grant applications. The Consolidated Appropriates Act of 2021(CAA) has made the EIDL advance grant a much more attractive option for businesses that may not…
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In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606), which provides guidance for recognizing revenue from contracts with…
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The long awaited 2020 OMB Compliance Supplement addendum was released in December 2020. This addendum is to be used in conjunction with the 2020 Compliance Supplement, released in August 2020.…
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The Consolidated Appropriations Act included several new relief packages for individuals and businesses. As we dissect the current bill, YHB is producing a series of in-depth analysis on the bill…
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