The Haynie & Company Austin Office volunteered this fall with Community First, a 51-acre master planned community that provides affordable housing and a supportive community for men and women coming...
What word other than “unprecedented” can be used to describe the events we’ve experienced this year? During such times, tax planning is far from top of mind. But it’s still...
If a relative needs financial help, offering an intrafamily loan might seem like a good idea. But if not properly executed, such loans can carry negative tax consequences. This article...
Earlier this year, Congress finally passed legislation that corrects a drafting error related to real estate qualified improvement property (QIP). The correction is part of the CARES Act. It retroactively...
This article explains the requirements and advantages of an S corporation status and what needs to be done to avoid S corporation termination. The proper care and feeding of your S...
The COVID-19 pandemic has been causing havoc in the global markets and the U.S. economy. In these uncertain times, it’s important to stay on top of your financial status, including...
Scam artists seem to come out of the woodwork when there’s money involved — and taxes are no exception. Fortunately, by becoming familiar with common tax scams and understanding what...
To provide tax relief to businesses suffering during the COVID-19 pandemic, the CARES Act temporarily relaxes the limitation on deductions for business interest expense. This article explains the rules that...