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…

2023 Community Newsletter

February 10, 2023

To our YHB Community, This letter has become a tradition each year for me. Typically, I start my first draft around Thanksgiving, which always seems like a fitting time of…

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Answers to your questions about 2023 limits on individual taxes

February 7, 2023

Many people are more concerned about their 2022 tax bills right now than they are about their 2023 tax situations. That’s understandable because your 2022 individual tax return is due…

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Private equity deal activity remains resilient despite leveraged loan market

February 7, 2023

ARTICLE | February 07, 2023 Authored by RSM US LLP U.S. private equity 2022 deal flow closed on the second-best year on record in both dollar and volume terms against…

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Common accounting pitfalls for startups to avoid

February 3, 2023

Accounting is a critical element when launching a successful business venture. Unfortunately, it’s also an area where startups tend to make mistakes. Here are some common (and avoidable) errors that…

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Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty

January 31, 2023

Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take an early withdrawal. What’s considered early? In general, it’s when…

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Why you might want to file early and answers to other tax season questions

January 26, 2023

The IRS announced it opened the 2023 individual income tax return filing season on January 23. That’s when the agency began accepting and processing 2022 tax year returns. Even if…

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