Bonus Depreciation Phase-Out Begins January 2023
100% Bonus depreciation is a tax provision that allows businesses to deduct the cost of certain qualifying property in the year it is placed in service rather than having to...
09 March, 2023
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Year-End Estate & Gift Planning Considerations
The end of the year is fast approaching, and with it comes the opportunity to reassess your tax and financial circumstances. Learn about strategies to help minimize your taxes for...
09 March, 2023
USDA Announces Pandemic Assistance Revenue Program for Farmers
The USDA released a new program called the Pandemic Assistance Revenue Program (PARP) to provide additional assistance to farmers that suffered at least a 15% loss in gross revenue in...
28 February, 2023
Key Provisions of the SECURE 2.0 Act for Employers
The SECURE 2.0 Act aims to improve retirement savings by making it easier for employers to offer retirement plans to employees and for individuals to increase their retirement savings. This...
27 February, 2023
Does Your Company Need an Employee Benefit Plan Audit?
An employee benefit plan audit is a periodic and independent examination of a company’s benefit plans that are subject to ERISA. If your company currently offers or plans to...
27 February, 2023
Expired and Expiring Tax Provisions That May Impact You and Your Business
The Tax Cuts and Jobs Act of 2017 made several sweeping changes to the tax code. However, many provisions contained a “sunset” or expiration date. This article will review several...
24 February, 2023
Updated Guidance on the Clean Vehicle Tax Credit Program
Since the Inflation Reduction Act of 2022 was signed into law, there has been confusion surrounding some of the new requirements for the Clean Vehicle Credit. This article will provide...
20 February, 2023
Alternative College Funding Opportunities
Authored by Haynie & Company Partner Bernard Abercrombie, CPA Many of our clients approach us each year about the ever-increasing costs of college education for their children. Most of our client's children...
17 February, 2023