On the 2020 Form 1040 we are required to answer this question: “At any time during [the prior year], did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” When is a transaction, not…
An increased child tax credit is part of the March 2021 American Rescue Plan Act stimulus package. Even though the benefit of a tax credit traditionally isn’t available until after the tax return for the year has been filed, for…
Unemployment Benefits We’ve seen numerous changes to unemployment benefits throughout 2020 and 2021. Now, President Biden’s American Rescue Plan that Congress enacted in March of 2021 has extended the additional $300 benefit through September 9, 2021, and increased the number…
On March 17, the IRS extended the normal April 15 individual tax return due date to May 17. Caution: the extension does not apply to Corporations, Trusts or the 2021 estimated tax payment which is still due on April 15,…
Article Highlights: • Economic Impact Payments • High-Income Taxpayer Phaseout • Reconciliation • Dependents • Decedents • Social Security Number Requirements • Non-Filers and IRS Information Site • Should I file my tax return now or later The American Rescue…
The Employee Retention Credit (ERC) was introduced in March 2020 as part of the CARES Act. The ERC is a refundable payroll tax credit against employee wages designed to make it easier for businesses that, despite challenges posed by COVID-19,…
Accounting Today recognized Haynie as the No. 3 Fastest-Growing Firm in the U.S. and as one of the top 4 ‘Firms To Watch’ for 2021. Please join us in celebrating these exciting accomplishments. Our growth rate was over 45%. This…
Meet the Haynie Managers in Phoenix, AZ and Flagstaff, AZ. This group includes a coach, a gamer and a former mail carrier. Find out a few surprising facts about our amazing leaders. Flagstaff, AZ Sarah Jones, CPA, MBA Sarah is…
Who has the most interesting hobby or hidden talent? You decide! Get to know our Texas managers. Help us celebrate the unique qualities each team member contributes. Find out interesting facts and much more about this hard-working team. Austin, TX…
Take a break from tax season to get to know our Utah managers. There’s more than meets the eye with this interesting group. From charity work to great adventures, the life experiences of our leadership team make Haynie a great…
