Top 10 Issues: Impact of Regulatory Changes

By Chris Frye, CPA Large and small businesses alike face a myriad of challenges when conducting their day-to-day operations.  Changing market conditions, increased competition, and rising costs are just a few of the issues that keep business owners and managers up at night.  In addition to these inherent challenges that have tested business models for… Read more »

YHB Bank Clients Lead State Organization

We’ve noticed a pattern – it appears that our community banking clients make great leaders. Three of our clients  have been appointed by their peers to lead the Board of the Virginia Bankers Association. Just recently, the VBA said thank you to outgoing Chairman Jeffery M. Szyperski, who is the President and CEO of Chesapeake… Read more »

Top 10 Issues: Business Succession

By David Henning, CPA, CGMA What do you want to be when you grow up?  A doctor?  A teacher?  Your own boss?  For me, my answer always was, and still is, “Retired.”  I knew that I wanted to be an accountant as far back as high School, but even then that was not my end… Read more »

Just a Typical Day at the Office…

Guess who some of our Richmond staff got to meet last week while supporting one of our nonprofit clients… A girls night out included advancing the Ellen Shaw de Paredes Breast Cancer Foundation, a client of YHB, with breast cancer survivor Sheryl Crow.  Just a typical Richmond gig… Richmond Partner Elsie Rose with Sheryl Crow… Read more »

Top 10 Issues: New IT Systems

This is the first in YHB’s series on the Top 10 Issues Facing CPAs’ Clients.  Bryan Newlin explores the steps and considerations when planning for a new IT system. By Bryan Newlin, CPA, CISA, CITP Question—how do you make tax season even more stressful? Answer: Take an entire firm of accountants, give them a whole… Read more »

YHB Interns Get Involved in the Community

YHB has offered a summer internship program for more than 10 years.  As part of this program, we not only offer them the technical experience to become a great public accountant, but we also instill our philosophy as a community leader and express our core value as a partner and advisor to our clients and community… Read more »

Getting Married? Here Are Some Tax Tips for Newlyweds

Late spring and early summer are popular times for weddings. Whatever the season, a change in your marital status can affect your taxes. Here are several tips from the IRS for newlyweds. • It’s important that the names and Social Security numbers that you put on your tax return match your Social Security Administration records. If… Read more »

Top 10 Issues Facing Clients

At YHB, we think our clients are great. Like, really great.  To make sure we’re meeting their needs, and to stay ahead of the curve, we recently sent some of our folks to the AICPA’s Practitioners Symposium and TECH+ Conference in Las Vegas to learn what the leading firms are doing for management, marketing, and… Read more »

FASB and IASB Issue a Revised Exposure Draft on Lease Accounting

by Chris Frye, CPA Manager It has been a long seven years since the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) took on the daunting task of revising the accounting standards for lease transactions.  After substantial public outcry in response to its first two exposure drafts, the joint task force… Read more »

Richmond Office Conquers Corporate 4-Miler

Eight YHB team members participated in the Connects Federal Credit Union Corporate 4-Miler in Innsbrook on Thursday, June 6.  It was a great opportunity to get involved in the community, support a client’s event, and it served as a good team building event.  The race was a great bonding experience and fun for all involved.  Elsie Rose, YHB Principal… Read more »