Tax-loss Harvesting: Capital Gains and Losses
Tax-loss harvesting is a strategy that enables a taxpayer to reduce taxes by using losses to offset gains or income. While taxpayers often wait until the end of the year...
01 September, 2022
Author: Don Breckenridge
Lessee Accounting Guide Update
(authored by RSM US LLP) A guide to lessee accounting under ASC 842 has been updated to incorporate guidance from the ASUs issued by the FASB....
26 August, 2022
COVID Tax Relief: Penalty Relief for 2019 and 2020 Returns
Authored by the IRS | August 24, 2022 COVID tax relief: IRS provides broad-based penalty relief for certain 2019 and 2020 returns due to the pandemic; $1.2 billion in penalties being...
24 August, 2022
Estate Tax Portability Update
Authored by Haynie & Company Senior Tax Manager Greg Ward, CPAEstate tax is not an annual concern for most taxpayers. However, without adequate planning the transfer of wealth from one generation...
22 August, 2022
Real Estate Like-Kind Exchange
Authored by Haynie & Company Senior Tax Manager Greg Ward, CPA Taxes on Real Estate Sales For taxpayers that invest in real estate or use real property in a business, gain recognition...
22 August, 2022
The New Corporate Minimum Tax: Overview and Highlights
(authored by RSM US LLP) The Inflation Reduction Act of 2022 imposed a new 15% alternative minimum tax on large corporations. Notably, the tax is based on a corporation’s financial...
22 August, 2022
Haynie Gives: Climbing For Kids 2022
Haynie Colorado is proud to support Climbing for Kids for the second consecutive year. Our team summited Mt. Bierstadt to support Children’s Hospital Pediatric Mental Health Institute. Haynie & Company...
19 August, 2022
RSM U.S. Supply Chain Index: Back to Normal For First Time Since Pandemic Hit
(authored by RSM US LLP) The U.S. Supply Chain Index in July was back above neutral for the first time in nearly three years, suggesting substantial relief coming from the...
18 August, 2022