Did You Overlook Something on a Prior Tax Return?
It is not uncommon to discover that an item of income was overlooked, a deduction was not claimed, or that an amended tax document was received after the tax return...
20 July, 2020
Author: Don Breckenridge
Tax Effects of a Business Making a Charitable Contribution
Charitable contributions are generally allowed as part of an individual’s itemized deductions on his or her income tax return, while a business expense deduction generally isn't allowable for a contribution...
20 July, 2020
Big Tax Break for Adoptive Parents
If you are an adoptive parent or are planning to adopt a child, you may qualify for a substantial income tax credit. The amount of the credit is based on...
20 July, 2020
From Campus to CPA lecture series
Haynie & Company is proud to launch a new virtual lecture series for Accounting students. This is our chance to give advice to future CPAs. Students can learn from our...
06 July, 2020
Payroll Tax Relief for Employers Impacted by COVID-19
In response to COVID-19, Congress created four payroll tax relief programs for employers via the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Families First Coronavirus Response...
06 July, 2020
PPP Automatic Forgiveness for Loans Under $150,000
There have been 50 major changes to the PPP Loans since it first passed. The latest bill provides for automatic forgiveness of a paycheck protection loan that is $150,000 or...
30 June, 2020
PPP Loan Forgiveness Updates
On June 17, the SBA released a new EZ version of the PPP forgiveness application. The EZ application requires fewer calculations and less documentation for eligible borrowers. View the EZ...
24 June, 2020
Tips to Keep Your Business Afloat During COVID-19
COVID-19 has had an unprecedented impact on all aspects of American businesses, but perhaps none have been as severely affected as small business owners. Surviving this disaster will require more...
22 June, 2020