JYE Financial, LLC

JYE Financial, LLC JYE Financial, LLC is a full-service Certified Public Accounting firm licensed in VA. All our CPA's hold valid VA State CPA Certificates. James A.

JYE Financial, LLC is licensed in VA and specializes in business accounting, tax preparation and planning, financial planning, investment management, and insurance products. Young, CPA, CFA, MBA
The founder of JYE, I've been a CPA since 1997. I have a Bachelor of Science in Accounting from Norfolk State University and an MBA from Old Dominion University. I'm currently working on a Master of Scienc

e in Accounting at Old Dominion University. In 2016, I earned the Chartered Financial Analyst (CFA) designation from the CFA Institute. I'm also a Quickbooks Online ProAdvisor and a Virginia Notary Public. I believe these qualifications position me to provide your small business, individual, and non-profit organization with the professional knowledge and standards you deserve.

A mission statement is a concise, formal declaration of a business’s core purpose. The right one can serve as a rallying...
06/03/2026

A mission statement is a concise, formal declaration of a business’s core purpose. The right one can serve as a rallying cry for employees and a powerful marketing tool that attracts customers and drives revenue. So, whether you’re writing one for the first time or revising it during a rebrand, craft yours carefully. It can have a surprising impact on your bottom line. Please call us at 757 236-4546 for help aligning your company’s core purpose with its financial parameters and strategic objectives.

If you’re thinking about relocating, don’t choose a new state based only on climate, cost of living or proximity to fami...
06/02/2026

If you’re thinking about relocating, don’t choose a new state based only on climate, cost of living or proximity to family. Also review the tax implications.
For example, some states don’t have a personal income tax, and some that do have one offer tax breaks for pension payments, retirement plan distributions and Social Security payments. Also be aware that a state with no personal income tax may impose high property, sales or estate taxes.
Before making a move, contact us at 757 236-4546 to review the potential income, property, sales and estate tax implications. We can help you minimize potential negative tax consequences and make the most of any tax advantages offered by the new state.

Are tax problems weighing on you? If you’re facing IRS notices, unfiled tax returns or mounting tax debt, acting quickly...
06/01/2026

Are tax problems weighing on you? If you’re facing IRS notices, unfiled tax returns or mounting tax debt, acting quickly can make a difference. We can help you evaluate resolution options and work with the IRS to possibly reduce the burden. Call us at 757 236-4546 to discuss your situation and explore next steps.

F**A taxes on W-2 wages are split equally between employee and employer. For self-employment income, you pay both halves...
05/30/2026

F**A taxes on W-2 wages are split equally between employee and employer. For self-employment income, you pay both halves, but the “employer” half is deductible. If you own and work in a business structured as a partnership, the income passing through to you for income tax purposes generally is also subject to self-employment taxes, even if it isn’t distributed to you. If your income exceeds certain levels, you also could be subject to the 0.9% additional Medicare tax. Call us at 757 236-4546 to review your situation.

Does your business own commercial real property? A closer look at your building costs could change how quickly you can d...
05/28/2026

Does your business own commercial real property? A closer look at your building costs could change how quickly you can deduct those expenses.

Business buildings generally have a 39-year depreciation period. A cost segregation study separates various building components, such as electrical systems and flooring. It then allows these components to be reclassified and deducted over a much shorter period, thereby deferring taxes and boosting cash flow. Recent tax law changes enhanced these benefits by increasing first-year depreciation write-offs.

Call us at 757 236-4546 to discuss whether this strategy is right for your business. We can determine reasonable cost allocations to help withstand IRS scrutiny.

While the thresholds for the 3.8% net investment income tax (NIIT) have remained unchanged since the NIIT went into effe...
05/27/2026

While the thresholds for the 3.8% net investment income tax (NIIT) have remained unchanged since the NIIT went into effect in 2013, taxpayer incomes have generally grown significantly. So more taxpayers are getting hit with this additional tax. The NIIT applies to the lesser of your net investment income or the amount by which your modified adjusted gross income exceeds the applicable threshold. And it kicks in long before the top short- and long-term capital gains rates apply. We can help you manage potential NIIT exposure. Contact us at 757 236-4546.

Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual liability ...
05/26/2026

Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual liability — either too much or too little was withheld from their paychecks. Keeping withholding aligned with expected tax liability can help you enjoy better cash flow during the year and avoid unwelcome surprises at filing time.
If you received a large refund or owed a lot of tax when you filed your 2025 return, it may be beneficial to fine-tune your withholding for 2026. Adjustments may also be a good idea if you experience a major life event, such as having a child.
We can help you review your withholding (and estimated tax payments, if applicable) and make any needed changes. Call us at 757 236-4546 to get started.

It’s almost never too late to start planning for retirement. Whether you already have large 401(k) or IRA balances or ar...
05/25/2026

It’s almost never too late to start planning for retirement. Whether you already have large 401(k) or IRA balances or are starting from scratch, we can help craft a strategy that reflects your personal situation and addresses your goals. So start thinking about what’s important to you: Building a big nest egg, reducing income tax liability, something else … We’re here to help make it possible!

Filing an extension (Form 4868) for your 2025 federal income tax return can provide breathing room to file accurately an...
05/23/2026

Filing an extension (Form 4868) for your 2025 federal income tax return can provide breathing room to file accurately and protect you from the failure-to-file penalty (assuming you file by the extended Oct. 15 deadline). But it doesn’t extend your deadline for paying tax owed. So you should project and pay any amount due as soon as possible to minimize interest and late payment penalties. Have questions about your situation? Need help estimating your tax liability? Call us at 757 236-4546. We can help you stay compliant and minimize penalties and interest.

C corporation shareholders usually owe tax on gains from selling stock. But qualified small business (QSB) stock sales m...
05/21/2026

C corporation shareholders usually owe tax on gains from selling stock. But qualified small business (QSB) stock sales may qualify for a special gain exclusion. To be eligible for this break, certain requirements must be met.

QSB stock acquired after Sept. 27, 2010, may be eligible for a 100% gain exclusion if it’s held for at least five years. Under recent tax law changes, QSB stock acquired after July 4, 2025, may be eligible for a partial gain exclusion if it’s held for at least three years.

Call us at 757 236-4546 to learn whether this tax-saving strategy is right for your business. We can help structure your business to unlock the potential tax savings and navigate the complex rules.

Address

900 Granby Street, Suite 132
Norfolk, VA
23510

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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