CT - Guidance on net deferred tax liability deduction updated
The Connecticut Department of Revenue Services has updated its guidance on the calculation of the net deferred tax liability (DTL) deduction to reflect legislation that extended the installment period...
FL - Guidance issued on catastrophic event property damage
Florida provides guidance on catastrophic event property damage for property tax purposes. Topics discussed include the payment of property taxes, when property taxes are due, reporting destruction or...
GA - Hurricane Idalia related tax relief announced
The Georgia Department of Revenue has postponed the due dates to most tax returns for taxpayers in areas affected by Hurricane Idalia. The postponement relief applies to return filing, tax payment, an...
HI - Wildfire relief FAQs released
The Hawaii Department of Taxation has released frequently asked questions (FAQs) related to 2023 Wildfire Relief concerns. The FAQs offer guidance on relief that is available and how to make relief re...
ME - Interest rates increase
The annual interest rate on overpayments and underpayments of Maine taxes for 2024 will increase to 10%. Interest Rates, Maine Revenue Services, September 7, 2023...
MA - Interest rates increased for fourth quarter of 2023
The interest rates on the underpayment and overpayment of Massachusetts taxes are increased for the period October 1, 2023, through December 31, 2023.The rate for overpayments is 7%.The rate for under...
NH - Interest rates increase
Interest rates on underpayments and refunds will increase for 2024.For 2024, rates are:9% for underpayments; and6% for refunds.Technical Information Release TIR 2023-002, New Hampshire Department of R...
RI - Sales of online programs and computer software taxable
An online education courses provider's (taxpayer's) charges for its online programs and computer software were properly subject to Rhode Island sales and use tax as computer courses that taxpayer sold...
VT - Guidance for alcoholic beverage manufacturers updated
Vermont has updated guidance regarding the application of sales and use tax to transactions engaged in by alcoholic beverage manufacturers. The sales and use tax is imposed, at a 6% tax rate, on alcoh...
Our firm is structured to personally serve smaller and medium-sized clients, which often have as great a need for management consulting and tax services as they do for accounting and auditing services. YS deals almost exclusively with closely held businesses and family businesses, primarily with consulting, non-profits, technology, manufacturing, wholesale, distribution, franchise, service, real estate, construction sectors and employee benefit plans.
The clients we serve are primarily in the New England area. Our employees, besides being members of the Massachusetts Society of CPA's and the American Institute of Certified Public Accountants, also have access to other research and resources as necessary to service you. This enables us to have access to additional support related to keeping current with all accounting requirements.
As many companies deal with increasing costs of overhead expenses, YS will provide you with efficient services that are very cost effective. Out team will provide consistent performance and meet your deadlines. To be effective, we must be responsive to your needs; therefore, everyone in the firm is accessible to meet your demands.
Because of our size and our structure, our goal is to have the client-accounting relationship revolve around our partners. The partners are accessible, and clients can afford to speak with them. YS's goal is to become an extension of our clients’ management team. This involvement assures that we fully understand your business and your objectives and, consequently, are better able to counsel you.
Each client is assigned two or three professionals. This provides all of our clients the ability to reach someone at any time that understands their needs and can answer any questions. This team approach has been one of the firm's keys to success. This philosophy separates us from most other CPA firms, big and small.