Once a relatively obscure concept, “income in respect of a decedent” (IRD) may create a surprising tax bill for those who inherit certain types of property, such as IRAs or…
Read Article
Despite the robust job market, there are still some people losing their jobs. If you’re laid off or terminated from employment, taxes are probably the last thing on your mind.…
Read Article
If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it. If you’re…
Read Article
The IRS has announced additional relief for pass-through entities required to file two new tax forms — Schedules K-2 and K-3 — for the 2021 tax year. Certain domestic partnerships and…
Read Article
Fixed-date tax conformity in Virginia will move forward for 2022 after Governor Glenn Youngkin signed an emergency conformity legislation on February 23rd, 2022. This bill (HB 971) will ensure most…
Read Article
In the March issue of the Washingtonian, YHB Principal Krystal McCants is featured as one of DC’s Top Financial Advisors. The Washingtonian narrows down the list to just 375 winners…
Read Article