In an attempt to alleviate some of the economic pressure created by COVID-19, the government has begun to pause collection activities for some taxpayers.The suspension period will run from April...
The CARES Act includes Pandemic Unemployment Assistance (PUA) provisions that extend and supplement state-provided unemployment insurance and are intended to lessen the financial burdens on individuals who have lost their...
May 2020 Individual Due Dates May 11 - Report Tips to EmployerIf you are an employee who works for tips and received more than $20 in tips during April, you are...
View our April 23 Webinar: Maximizing PPP Loan ForgivenessThough we just got word about the Senate approval of an additional $350 billion dollars in PPP Loan funding, the primary questions...
PPP loan forgiveness questions? Received funds and now what? Learn how to maximize your approval for loan forgiveness!Haynie & Company and NOW CFO teamed up to educate and discuss how...
Article Highlights: • CARES Act Relaxed Restrictions • Contribution AGI Limits • Charitable Contribution Deduction for Non-itemizers • IRA to Charity Transfers • Substantiation Requirements • ScammersTo encourage charitable contributions to deserving qualified charities during these...
Creating an Emergency Fund to Help You Weather a Storm Like COVID-19For years, experts have been saying that everyone - including average citizens - needs to have some type of...
The CARES Act amendments to section 163(j) will allow many taxpayers increased interest deductions in tax years beginning in 2019 and 2020. Section 163(j) in general Section 163(j) limits business interest expense...