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…
Read Article
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,…
Read Article
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…
Read Article
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…
Read Article
The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at the start of 2018. It brought sweeping changes to various aspects of…
Read Article
The deadline for most not-for-profits to file Form 990 with the IRS (May 15, 2024) has come and gone. Assuming your organization operates on a calendar-year tax basis and filed its Form 990…
Read Article