Individual Tax Scams
Scam artists seem to come out of the woodwork when there’s money involved — and taxes are no exception. Fortunately, by becoming familiar with common tax scams and understanding what...
06 November, 2020
Author: Don Breckenridge
Tax Relief for Businesses – CARES Act
To provide tax relief to businesses suffering during the COVID-19 pandemic, the CARES Act temporarily relaxes the limitation on deductions for business interest expense. This article explains the rules that...
06 November, 2020
Summary on Meal and Entertainment Tax Deductions
On Sept. 30, 2020, the IRS issued final regulations that provide guidance for meal and entertainment deductions under section 274 of the Internal Revenue Code. The following is a general...
03 November, 2020
COVID-19 Year-End Tax Planning
If you are reading this, that means you’ve survived what will be one of the most interesting years in your life! This year has brought changes to the way we...
03 November, 2020
Haynie Supports Meals on Wheels
Haynie & Company was a proud sponsor at the October 30th Great Pumpkin Shoot event. The Great Pumpkin Shoot is a key fundraiser for Meals on Wheels Montgomery County. This...
02 November, 2020
SBA Publishes Loan Necessity Questionnaire for PPP Borrowers
(authored by RSM US LLP) Borrowers (and affiliates) that have PPP Loans of $2 million or greater should be prepared to provide additional information to SBA....
02 November, 2020
IRS Releases 2021 Retirement Plan Limitations
(authored by RSM US LLP) Many limitations, including the 401(k) elective deferral limit for employee contributions, remain unchanged from 2020 levels....
28 October, 2020
Are You Paying Too Much Interest on Your Home Mortgage?
Interest rates are currently at an all-time low, and it may be time for you to consider refinancing your existing home mortgage to take advantage of these lower rates. Doing...
26 October, 2020