YHB News

Feb

Mastering the Statement of Functional Expenses: Overcoming Common Challenges

The Statement of Functional Expenses (SFE) is a cornerstone of not-for-profit accounting, providing transparency and accountability to donors, stakeholders, and regulatory bodies. However, many organizations face challenges when preparing this…

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7 common M&A due diligence pitfalls

Beyond Boomers: How to engage younger…

Financial relief for families: The benefits…

YHB named on Fastest Growing Firms in the United States List

March 5, 2021

YHB has been Named 12th on Accounting Today’s Fastest-Growing Firms in the U.S. — 2021 list! The list is made up of 20 of the industry’s fastest growing accounting firms…

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PPP Loan Forgiveness: Should I wait to apply?

September 4, 2020

Many organizations were fortunate to have received a much-needed financial lifeline earlier this year in the form of a Paycheck Protection Program (PPP) loan. The PPP loan roll-out was a…

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The IRS issues guidance on the executive action deferring payroll taxes

August 31, 2020

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of Social Security tax when wages are below…

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Does someone who has died qualify for the Economic Impact Payment?

May 14, 2020

The bottom line: No. A Payment made to someone who died before receipt of the Payment should be returned to the IRS. The IRS is requiring anyone who received a…

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SBA extends the PPP repayment deadline for self-certification

May 6, 2020

The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to take advantage of the “good faith” self-certification of eligibility option. The…

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Important Guidance & Requirements on Paycheck Protection Program

May 1, 2020

[ Updated May 14, 2020 | 9:12am ] There has been some clarity issued by the Small Business Administration (SBA) concerning the Paycheck Protection Program (PPP) around the requirement of…

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