In an effort to combat money laundering, Congress passed the Corporate Transparency Act in early 2021, and the Department of Treasury issued regulations on September 29, 2022. Beginning in 2024,…
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The 2022 mid-term election has shifted the scales in Washington, D.C., with the Democrats no longer controlling both houses of Congress. While it remains to be seen if — and…
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If you’re a parent, you may be confused about the rules for claiming the Child Tax Credit (CTC). The rules and credit amounts have changed significantly over the last six…
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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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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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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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