The Dreaded Tax Notice – What To Do Next

The relief of filing your tax return can be short lived if a tax notice is received. Technology and additional filing requirements have increased the amount of data the IRS and your home state has to compare to your tax filing. Although your tax filing may not be wrong, it may not match up to… Read more »

New Tax Law Impacts Gold Star Families

An unintended consequence of a provision in the Tax Cuts and Jobs Act (TCJA) that went into effect last year was the heavy increase in the taxation of military survivor benefits received by a child of U.S. service member who died while serving in a conflict (Gold Star family member).   Below I will explain… Read more »

YHB Represents Community Banks in Washington, DC

In May of 2019 YHB Principals, Kim Belcher, Justin Crowder and Jesse Meadows, had the pleasure of representing community banks across the  country on a panel for the American Bankers Association (ABA). Also, on the panel were representatives from each banking regulatory agency. The panel intended to address questions and concerns related to CECL practice both from… Read more »

Tax Tips for Your Child’s Summer Job

One of the rights of passage for many high school and college students is a summer job. Not only does it put a little extra cash in their pockets and teach them work ethic, it provides them with their first opportunity to make some tax decisions. This article will provide a little guidance and some… Read more »

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 »