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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The Financial Triple Play: 3 Reports…

How to Keep Cost Cutting From…

9 Essential Types of Insurance for…

Understanding Spousal IRAs: A Smart Retirement…

How working in the gig economy affects your taxes

May 20, 2025

The gig economy offers flexibility, autonomy and a way to earn income, but it also comes with tax obligations that can catch many workers off guard. Whether you’re driving for…

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The tax rules for legal awards and settlements: What recipients should know

May 13, 2025

If you’ve recently received a settlement or award from a lawsuit, or you’re expecting one, you may be wondering how the IRS views this money. Will you need to pay…

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IRS clarifies theft and fraud loss deductions

May 7, 2025

The Tax Cuts and Jobs Act (TCJA) significantly limited the types of theft losses that are deductible on federal income taxes. But a recent “advice memo” (CCA 202511015) from the IRS’s…

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Still have tax questions? You’re not alone

May 6, 2025

Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions we hear each spring. 1.When…

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The “wash sale” rule: Don’t let losses circle the drain

April 29, 2025

Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable brokerage firm account, the good news…

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6 inventory management tips in an uncertain tariff landscape

April 25, 2025

With new tariff structures looming and global trade relationships in flux, businesses face rising uncertainty in supply chain costs and inventory planning. As countries iron out the details of future…

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