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Edward T. Yoder, CPA, MSA

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Edward T. Yoder, CPA, MSA

TITLE: Partner
LOCATION: Harrisonburg

Ed Yoder has devoted close to two decades to the profession of public accounting. He has a long-standing affinity for helping clients make sense of their debits and credits, showing how they fit together to tell the organization’s financial story.

Ed appreciates the clarity with which accounting serves as the language of business and relishes the opportunity public accounting provides him to assist clients in both solving everyday problems and getting to the bottom of complex accounting challenges they may be facing.

It was back in high school and college when Ed first found that accounting just made sense to him, and the field has held his interest ever since. He was attracted to the nonprofit niche because of the invaluable services these organizations provide, making our community a better place.  The tremendous variety of not-for-profit entities offers challenging work that keeps him engaged. In addition, he observes that the passionate people that choose to work for nonprofits are high-quality individuals who are a pleasure to work with.

Outside of his professional work, Ed devotes substantial time to supporting various community organizations. He serves as treasurer for the Rockingham County Rotary Club, Valley Baseball League and Crime Solvers of Harrisonburg and Rockingham County. In addition, he is a board member of Massanutten Regional Library and an advisory board member of Shenandoah Valley Children’s Choir.

PROFESSIONAL ASSOCIATIONS:

  • American Institute of Certified Public Accountants
  • Virginia Society of Certified Public Accountants
  • Association of Fundraising Professionals, Shenandoah Chapter

EDUCATION:

  • Associates of Arts from Hesston College in Hesston, Kansas
  • Bachelor of Science in Accounting from Goshen College in Goshen, Indiana
  • Master of Accountancy from the University of South Florida in Tampa, Florida

ARTICLES:

SECURE Act Impacts Retirement Planning

SECURE Act Retirement Plan Changes

President Trump signed the latest federal government spending bill on Friday December 20, 2019. The bill includes many tax law changes and extends several expired provisions. The bill also incorporates the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. Read on for three changes from the SECURE Act that all taxpayers should know.

Repeal of Nonprofit Parking Tax Announced

repeal of nonprofit parking tax

Congress has passed a $1.4 Trillion spending bill to avoid a government shutdown which includes a repeal of the tax on nonprofit organizations that provided qualified transportation fringe benefits, otherwise known as the “parking tax”. Any nonprofit that may have paid tax on the transportation fringe benefits should file an amended 990T to claim a refund of the taxes paid.

December 20, 2019 | Categories: Not-for-Profit | Tags:

Are Nonprofits Required to Pay Taxes for Employee Parking?

Nonprofit CPA Firm

Under the Tax Cut & Jobs Act, nonprofits are required to allocate parking expenses provided to employees and report unrelated business taxable income (UBTI) on the transportation fringe benefit. Learn about the four-step process used to determine the amount of employee related parking expenses subject to UBTI.

Ten Tax Mistakes Ministers Make when Filing Taxes

Clergy Tax Filings - Warrenton CPA

Clergy members carry “dual tax status,” meaning they are considered “self-employed” for Social Security purposes but considered an “employee” for income tax purposes. Because of this dual status, many clergies do not file their taxes correctly and often miss-out on tax benefits. Understanding the following top ten mistakes clergy make when filing taxes will help you file correctly in the future.

September 25, 2018 | Categories: Not-for-Profit | Tags: ,

Tax Reform May Negatively Impact Charitable Contributions

The 2017 Tax Cuts and Jobs Act (the Act) passed by Congress on December 22, 2017 marks the most significant tax law changes in over 30 years. Most taxpayers will see their tax liability decrease. The Congressional Budget Office estimates the Act will reduce tax revenues by $1.455 trillion over the next 10 years. But all is not good for non-profit organizations as there are changes in the Act that may negatively impact charitable contributions.

INDUSTRIES:
Hospitality, Not-for-Profit

SERVICES:
Audit & Assurance, Tax: Business
"Working in public accounting provides an opportunity to solve problems everyday. I enjoy working with clients and helping them overcome the complex accounting challenges they are facing."

 

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2020-01-21T14:38:58-05:00