CARES Act Expands Donation Deductions
In most cases, charitable gifts are deducted by taxpayers who itemize. Those donations are claimed on Schedule A of their annual tax return. However, this year, the Coronavirus Aid, Relief...
18 September, 2020
Uncategorized
What You Need to Know About Health Savings Accounts
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health...
18 September, 2020
COVID-19 Foreclosure Tax Issues
As part of the CARES Act, Congress provided temporary relief for homeowners with federally backed mortgages who were financially impacted by COVID-19. For those unable to keep up with their...
18 September, 2020
How to Maintain High Employee Morale in Remote Teams
Times have changed, and many teams around the world are finding themselves in a new telecommuting ecosystem that has brought various challenges that go along with it. Whether your employees...
18 September, 2020
Economic Impact Payment Update – Sept. 2020
The Internal Revenue Service has announced it will reopen the registration period for federal beneficiaries with children who didn't receive a $500 per child Economic Impact (stimulus) Payment earlier this...
18 September, 2020
5 considerations if your client files for bankruptcy
(authored by RSM US LLP) Companies must minimize financial exposure and maximize their potential recoveries if their business clients face bankruptcy....
14 September, 2020
Meet The Firms
Each Fall, Haynie & Company staff look forward to meeting with accounting students at local university's career events. It's a great way for us to share career insight and introduce...
11 September, 2020
Will I Receive a Tax Refund Interest Payment?
Authored by the Internal Revenue Service: IR-2020-183, August 18, 2020This week the IRS will send interest payments to about 13.9 million individual taxpayers who timely filed their 2019 federal income...
04 September, 2020