If you earn income as a freelancer, independent contractor, or from a side gig, you'll likely do so as a sole proprietor or single-member LLC and report your income on...
The IRS issued Revenue Ruling 2023-02, which clarifies the treatment of assets in irrevocable grantor trusts for tax purposes. This ruling aims to curb potential abuse of the stepped-up basis...
The 2023 MRT Readers' Choice Awards nominations are here! Residents in the Permian Basin area are eligible to vote. Nominate your favorite businesses April 3 - May 1, 2023. Each year...
If you were looking to make a few home improvements, you might save some money on your projects under the Inflation Reduction Act, if you make your home more energy...
Once you get above a certain age, you start hearing about a magical thing called a credit score. You hear that everybody has one and that you need to do...
✅ Key Takeaways: Identity Verification Process with the IRSIRS identity verification letters are triggered by suspicious return patterns or inconsistencies in filing.Common triggers include changes in address, refund amounts, dependents,...
Authored by: W. Dale Westenskow, CPA, Haynie & Company Partner Is It Time For A Roth Conversion? It looks like the wealthy are on track for a tax increase under President Joe...
Haynie & Company is honored to be a 2023 Best of SLC nominee. We’d like to thank all of our clients who voted to nominate us. Only ten Accounting firms...