The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a…
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Creating a comprehensive and actionable succession plan is rarely easy for business owners. It’s certainly a challenge for most contractors, who may find it difficult to step away from the…
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Each year YHB staff nominate their peers to be recognized for their outstanding performance in 5 different categories. This is known to YHB as the E.L.I.T.E. Awards (Exceptional Leadership In…
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Do you invest in mutual funds or are you interested in putting some money into them? If so, you’re part of a large group. According to the Investment Company Institute,…
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If you’re a leader of a private foundation, you’re probably aware of the prohibition against self-dealing transactions between foundations and “disqualified persons.” But what constitutes self-dealing? And who exactly counts…
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Pass-Through Entity Tax (PTET) allows pass-through entities such as partnerships and S corporations to elect to pay state taxes at the entity level. This election can be beneficial as it…
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