Oct 15 Deadline Extended for Disaster Zones
Tax deadlines have been very fluid in 2020! The original April 15th deadline was pushed to July 15th. Now, the October 15 tax deadline has been extended for many taxpayers...
05 October, 2020
2020 Tag
Oct PPP Loan Forgiveness Update
October 5, 2020 - The SBA’s PPP loan was likely a lifesaver to your business, and the next step is to apply for loan forgiveness with the bank that processed...
05 October, 2020
Utah Governor Announces Small Business Grant
On October 1, 2020, Utah Governor Herbert announced the launch of a new $2 million “Small Business Quarantined Employee Grant” for small businesses in Utah.The grant was created using federal...
05 October, 2020
SBA Guidance for PPP Loans in M&A Transactions
(authored by RSM US LLP) SBA procedural guidance provides answers on how to navigate PPP loan changes in ownership; deals can now move forward with certainty....
05 October, 2020
IRS Issues Final Regulations on Meals and Entertainment Deductions
(authored by RSM US LLP) The final regulations issued by the IRS provide guidance for meal and entertainment deductions under section 274....
01 October, 2020
Top Workplaces Culture Awards for Haynie & Company
Top Workplaces recognized Haynie & Company’s outstanding culture. Our Salt Lake City team was recently surveyed by Energage as part of the Salt Lake Tribune Top Workplaces competition. The overall...
29 September, 2020
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
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