Due to the coronavirus pandemic, the FASB pushed back the effective date for the new lease accounting standard (ASC 842) for companies who have not yet adopted the standard to...
Article Highlights:Keeping home improvement records Home gain exclusion amounts Records may be required to avoid tax Individuals who meet the 2-out-of-5-year use and ownership tests can exclude up to $250,000...
Authored by RSM US LLP SBA releases additional PPP guidance/opens lender forgiveness portal. On Aug. 10, 2020 the Small Business Administration (SBA) Paycheck Protection Program (PPP) Forgiveness Platform went live. This...
Whether your company sells product or services, QuickBooks Online can help you track them.If you sell one-of-a-kind products and can see all of them at a glance, tracking your inventory...
The IRS announced residents of Utah will qualify for tax relief due to the earthquakes and aftershocks that took place on or after 3/18/2020. This relief will automatically be applied...
Notice 2020-51, issued on June 23, 2020, provides additional flexibility for individuals to decide how to deal with any required minimum distributions (RMDs) they took from 401(k)s or other employer-sponsored...
At Haynie & Company we strive to provide a work environment that focuses on growth, family, trust, and service. These are the same principles that guide our client relationships. Find...
The Taxpayer Certainty and Disaster Tax Relief Act of 2019 extended the Work Opportunity Tax Credit (WOTC) allowing employers who are willing to help disadvantaged individuals to benefit from a...