June 2020 Due Dates
June 2020 Individual Due Dates June 1 - Final Due Date for IRA Trustees to Issue Form 5498 Final due date for IRA trustees to issue Form 5498, providing IRA owners with the...
28 May, 2020
Author: Don Breckenridge
Economic Impact Payment Prepaid Debit Card
It's not junk mail! Millions of people will get their Economic Impact Payment by prepaid debit card. Don't throw yours away thinking it is just another credit card solicitation! Nearly four...
27 May, 2020
PPP Loan Forgiveness Application Details
PPP Loan Forgiveness Application-At Least Some Guidance! On May 15, 2020, the SBA issued a PPP Loan Forgiveness Application which provided clarifications to several outstanding questions. Many questions are still outstanding,...
21 May, 2020
PPP Loan Forgiveness Application and Updates
On May 15, 2020, the SBA released the PPP Loan Forgiveness Application. This brings more clarification to some unanswered questions.The application and instructions include the following:Options for borrowers to...
19 May, 2020
Lynne Abercrombie, CPA Leading Women at the PrimeGlobal Conference
Haynie & Company Partner Lynne Abercrombie, CPA was a guest speaker during the PrimeGlobal Woman’s Conference in June. Lynne’s experience and leadership is a valuable addition to the conference. She...
18 May, 2020
Advice for Small Businesses from CPA Bernard Abercrombie
Bernard Abercrombie, CPA has over 40 years of experience serving Montgomery County and The Woodlands, Texas area. Bernard was recently the featured guest on Montgomery County Hispanic Chamber's Business Builders...
15 May, 2020
How to Return an Economic Impact Payment?
Some taxpayers have received Economic Impact Payments in error for deceased family members or for other reasons. On May 11, 2020 the IRS updated instructions on how to return a...
14 May, 2020
Safe Harbor for PPP Loans Under $2 Million
All PPP borrowers must certify in good faith that “current economic uncertainty makes this loan request necessary to support the ongoing operations.” According to the SBA guidance issued May 13,...
13 May, 2020