PPP Forgiveness and Expenses: State Tax Implications
(authored by RSM US LLP) States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income....
15 January, 2021
Author: Don Breckenridge
10-Day Challenge
The Haynie Team recently took a 10 Day Mindfulness Challenge. This was part of the Growth Group Empathy and Mindfulness Series. Employees were sent a daily practice and reflection question....
15 January, 2021
Ogden Office Flood
Ogden Office Flood: New Tax Document Drop Off Location The Haynie & Company Ogden office experienced a flood on January 1, 2021. We store all our documents electronically, so no personal...
14 January, 2021
PPP Reopening for First Draw borrowers Jan. 11; Second Draw Jan. 13
(authored by RSM US LLP) Treasury Department and SBA announce reopening dates for Paycheck Protection Program - Jan. 11, 2021 and Jan. 13, 2021....
08 January, 2021
Treasury Issues Millions of Second Economic Impact Payments by Debit Card
Authored by the IRS | January 7, 2021Starting this week, the Treasury Department and the Internal Revenue Service are sending approximately 8 million second Economic Impact Payments (EIPs) by prepaid debit...
07 January, 2021
Middle Market Trend Watch: Remote Work for the Foreseeable Future
(authored by RSM US LLP) Until a significant amount of the population is vaccinated, widespread remote work will continue to be a standard practice for businesses....
07 January, 2021
Game-changing updates to the Employee Retention Credit
(authored by RSM US LLP) Paycheck Protection Program (PPP) loan recipients may now qualify for the employee retention tax credit based on new legislation signed....
07 January, 2021
Dec. 2020 Stimulus Payments
Recovery Rebate Stimulus Payments and Credits December 2020 Stimulus PaymentsThe bill provides a refundable tax credit in the amount of $600 per eligible family member. The credit is $600 per...
06 January, 2021