The U.S. Department of Justice (DOJ) has announced a new safe harbor policy that incentivizes companies to proactively identify and disclose criminal misconduct in mergers and acquisition (M&A) transactions. New safe harbor policy, requirements, and deadlines Under the safe harbor…
The IRS has released the 2024 standard mileage rates used to calculate the deductible costs of using a vehicle for business, charitable, medical, or moving purposes. Updated mileage rates for 2024 For business use, the standard mileage rate has been…
As we approach the end of 2023, it’s time to consider how strategic giving can support the causes you care about and provide potential tax benefits. The landscape of charitable giving has evolved, and understanding these changes is key to…
When filing your tax return, you can use the standard deduction or itemize your deductions. For the 2023 tax year, the standard deduction is $13,850 for individuals, $27,700 for married couples filing jointly, and $20,800 for a head of household…
We understand the challenges of managing tax documents and are committed to simplifying your experience. That’s why we’re excited to introduce TaxCaddy, a solution designed to streamline handling your individual tax documents with care. For years, you’ve trusted us for…
The spirit of giving is alive and well at Haynie Dallas as the team came together to support the Salvation Army Angel Tree event. Cheryl Mize and dedicated team members orchestrated a heartwarming initiative to bring joy to the less…
Haynie in Salt Lake City is excited to share the news of our recent achievement: winning the prestigious Silver Best Tax Services Company award from Salt City 2023. We want to sincerely thank the Salt Lake City community for their…
Most distributions from tax-advantaged retirement plans taken before the age of 59 ½ are not just subject to regular income tax but also an additional 10% early withdrawal penalty. And early withdrawals from a SIMPLE IRA may be subject to…
© 2023 Every business owner should have an exit strategy that helps recoup the maximum amount for his or her investment. Understanding the tax implications of a business sale will help the owner plan for — and, in some cases,…
In the spirit of the festive season, for the third consecutive year, our Tempe office is bringing joy and warmth to their community through active participation in the Adopt-A-Family program organized by St. Vincent De Paul. This event has become…
