YHB Welcomes Alex Fleming and Julie Carper Hay as Partner

Winchester, VA (June 1, 2019) — The shareholders of Yount, Hyde and Barbour (YHB) have voted to admit Alex Fleming and Julie Carper Hay as principals into the Firm effective June 1, 2019. “We are proud to welcome Alex and Julie as partners of YHB. Alex’s tax expertise and strong leadership contributed to the smooth… Read more »

College financing may be an integral part of your estate plan

The staggering cost of college makes it critical for families to plan carefully for this major expense, and in many cases grandparents want to play a role. As you examine the many financing options for your grandchildren, be sure to consider their impact on your estate plan.  Make direct paymentsA simple, but effective, technique is… Read more »

Do As I Say, Not as I “Did”

Summer is upon us, and so comes the time for picnics, reunions, and oh yes, vacations! As I was getting ready for a short trip this weekend (without my family), I was busy making lists of what I needed to pack and the tasks my family would need to take care of at the house… Read more »

Data Flow Diagrams – Mapping Your Way To Better Security

Today’s business landscape is fast paced, and ever-changing. If you are always reactive instead of proactive, generally, you are losing. Despite this, there is one fact that never changes: threat-actors are always looking for a way in. For hundreds of years protecting your business was about physical security, and while still vital, the evolution of… Read more »

Watch out for joint employer rule

There’s no getting around it: Construction is an inherently collaborative enterprise. Many, if not most, projects involve a variety of contributors. But therein lies a danger. Contractors who exercise control over the employees of subcontractors or other parties — or reserve the right to exercise such control — risk being ensnared by the so-called “joint… Read more »

Marketing Your Government Contracting Business

It feels great to solve a prospect or client’s problem, but making new relationships and growing your business brings your satisfaction to a whole new level. I’ve always had a passion for marketing and its underlying concepts. So many of them seem like ‘common sense,’ but we all need reminders on connecting with our target… Read more »

Financing your Government Contracts

How will you meet the demands of that forthcoming task order without an ample supply of working capital? Many small businesses fail because they do not have the proper resources to support their goals. Insufficient capitalization at the company’s inception can haunt your business for years. What are your options? Should you borrow money from… Read more »

Being A Strong Leader | Great Leadership Is An Invaluable Tool

How often do you challenge your personal leadership skills? Why is this important to your organization? Surveys have shown that great leadership is an invaluable tool in retaining top talent. What is Leadership? Leadership involves motivating a group of people to pursue a common goal, or to accomplish a shared task. We frequently think about… Read more »

SOC for Cybersecurity Q&A

“You cannot endow even the best machine with initiative; the jolliest steamroller will not plant flowers.” Walter Lippmann In 2017 the AICPA announced a new attestation engagement called SOC for Cybersecurity. DeTech wrote about the technical aspects of the engagement soon after its announcement (see that article here). We have since completed the AICPA’s coursework… Read more »

Final pass-through deduction regs offer welcome guidance

In January, the IRS issued final regulations under Internal Revenue Code Section 199A. Owners of construction companies organized as pass-through entities should take a close look at the regs with their CPAs. This article recaps the pass-through deduction and offers up some highlights of the regs that are of interest to contractors. In January, the… Read more »