SBA Disaster Loans and Paycheck Protection Program (PPP) Loans Explained Haynie & Company and NOW CFO teamed up to educate and discuss with business owners and leaders how to apply for relief funds and what to do in the meantime. The webinar recording is now available:...
IR-2020-64, April 2, 2020 The Internal Revenue provided the following advice to taxpayers on April 2, 2020: Be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft. "We urge...
Paycheck Protection Program (PPP) On April 2, 2020 the SBA issued Interim Final Rules for the PPP. This summary has been adjusted from its earlier version to reflect the Interim Final Rules as published. The Paycheck Protection Program (PPP) was signed into law on March 27, 2020....
What Does the Stimulus Package Mean for You? The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes many tax and financial breaks for individuals. For many households, the most important provision will be the individual cash payments, called Recovery Rebates. Below we break down...
The COVID-19 outbreak is affecting every facet of our lives – including our taxes. Check here for all your tax related FAQ to see how you may be impacted. Q: Since the deadline for filing and paying my taxes is now July 15th, is there any...
Payroll Tax Deferral for Employers The CARES Act economic stimulus package, passed on March 27, allows companies to defer paying their portion of Social Security payroll taxes (6.2%). Companies will still be withholding from paychecks and remitting the employee portion to the IRS. Only the employer...
The President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law today. The CARES Act provides historic stimulus for small businesses. Most importantly, a portion of the loans available can be forgiven - turning them into grants. While some of these loans...
Our Virtual Offices are Open! Haynie & Company is proud to have secure technology in place that enables our team to serve you well from any location. Although our physical office buildings are closed until further notice, our virtual office is open and thriving. Haynie employees...
