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…

Data Governance Program | Executive Summary

January 13, 2022

Welcome to the revolution, the digital revolution that is. Today’s global marketplace means that the competition to sell goods and services is higher than ever. Sticking to your market niche,…

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How will revised tax limits affect your 2022 taxes?

January 11, 2022

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures…

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New Features with IRS Online Account

January 6, 2022

An IRS online account allows individuals to access account information including tax records, balances, and more. You can now control who can represent you before the IRS or even view…

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Are you eligible for a medical expense tax deduction?

January 4, 2022

You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not easy. Medical expenses can be…

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Virginia Raises Minimum Wage

January 4, 2022

Virginia’s state minimum wage has increased to $11.00 per hour effective on January 1, 2022, which is $3.75 more than the Federal $7.25 minimum wage. Virginia last saw an increase…

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Gig workers should understand their tax obligations

January 3, 2022

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans…

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