YHB Launches Wealth Advisory Firm

Winchester, VA (February 15, 2018) — Yount, Hyde and Barbour (YHB) is proud to announce the creation of a new subsidiary, YHB Wealth Advisors. “We are very excited to be able to offer financial planning and portfolio management services through YHB Wealth to clients,” said Scott Moulden, President of Yount, Hyde & Barbour. “This past… Read more »

Back to the Basics: User Access Management

Ok, so I’m terrible at sports analogies. Forgive me. But with the ever-increasing business risks that come with plugging a computer into a network it often feels as though you’re leading your organization down the gauntlet. I picture American Gladiators circa 1990 with Nitro shooting a tennis ball cannon at us while we try to… Read more »

Related Party Transactions

As calendar year-end audit season moves into full swing, you can expect to receive a request from your audit firm for your related party listing. Related parties can sometimes be a topic of confusion and gray area.  While judgment may still be required when applying the standards to your entity, hopefully the overview below will… Read more »

What nonprofits need to know about the new tax law

The number of taxpayers who itemize deductions on their federal tax return — and, thus, are eligible to deduct charitable contributions — is estimated by the Tax Policy Center to drop from 37% in 2017 to 16% in 2018. That’s because the recently passed Tax Cuts and Jobs Act (TCJA) substantially raises the standard deduction…. Read more »

Back to the Basics: Protecting Mobile Devices

The RAS team recently came up with the idea to go over some general cybersecurity topics at the ten thousand foot level as part of our “Back to the Basics” series. Something that impacts 99.99% of our readers is mobile device security practices, so we wanted to take a moment to talk about why we… Read more »

Will C Corporations be the Comeback Kid of 2018?

Business owners are curious about the decrease in the C corporation income tax rate to a flat 21%, which begins in 2018 as a result of The Tax Cuts and Jobs Act, signed into law in late 2017.  Prior to 2018, C corporations paid a maximum federal tax rate of 35%.  This decrease in the… Read more »

Tax Cuts & Jobs Act Expands Benefits of 529 Savings Plans

The Tax Cuts and Jobs Act was signed into law on December 22, 2017, which brings about the largest tax reform since 1986. While most of the focus has been on the changes to corporate and personal tax rates and deductions, the plan also includes many other small provisions that tend to be overlooked. One… Read more »

2000 Years | The Terracotta Army & YHB

2017 was a big year for YHB: we celebrated our 70th anniversary.  Throughout the year we had various events culminating with our Richmond event at the Virginia Museum of Fine Arts (VMFA).  To celebrate our continued success we are helping to sponsor the VMFA’s exhibit: Terracotta Army: Legacy of the First Emperor of China.  We… Read more »

Should You Modify your Decree? | Impact of Tax Law Changes on Alimony

The Tax Cuts and Jobs Act (TCJA) has made changes to the tax treatment of alimony for divorces and legal separations after 2018 and, by election, legally modified separation or divorce decrees.  You will need to take into consideration these changes if you are in the process of considering a divorce.  You will also want… Read more »

Exploring the many facets of an ESOP

Contractors can differ widely in the services they provide. But most construction company owners have one thing in common: someday he or she will want to retire. Also, just about every contractor is looking for ways to improve employee engagement and retention. One ambitious and somewhat complex way to do it all is by offering… Read more »