✅ Key Takeaways: Identity Verification Process with the IRSIRS identity verification letters are triggered by suspicious return patterns or inconsistencies in filing.Common triggers include changes in address, refund amounts, dependents,...
Our offices are closed on Fridays now through August, as well as in, November and December. We affectionately call these days off Haynie Fridays. This break allows our team to...
Self-employed individuals may be entitled to tax credits related to COVID-19. A self-employed individual who regularly carries on a trade or business, and would have been eligible for qualified sick leave...
Tax Season is here. Before you gather and submit your 2020 tax information, here are a few things you need to know. Below is an overview of key provisions in...
ACTION REQUIRED! We strongly recommend all individual taxpayers apply for an IRS issued Identity Protection Personal Identification Number (IP PIN). This should be done before the IRS opens up e-filing...
Recovery Rebate Stimulus Payments and Credits December 2020 Stimulus Payments The bill provides a refundable tax credit in the amount of $600 per eligible family member. The credit is $600 per...
This may be one of the most important sections of the December 2020 Tax Act for Businesses. It may provide significant tax credits on Forms 941 and 944. Original Employee Retention...
Bonus Depreciation for Qualified Improvement Property – Technical Error Fixed Due to a technical error in the December 2017 tax act, qualified improvement property placed in service after December 31, 2017,...