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...
(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....
(authored by RSM US LLP) The final regulations issued by the IRS provide guidance for meal and entertainment deductions under section 274....
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...
Those who inherited IRAs and 401(k)s have until September 30, 2020 to make beneficiary designations that could have big implications for the accounts’ long-term growth potential and taxes.This year the...
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...
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...
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...