2020 Tag

May 2020 Individual Due Dates May 11 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during April, you are...

View our April 23 Webinar: Maximizing PPP Loan Forgiveness Though we just got word about the Senate approval of an additional $350 billion dollars in PPP Loan funding, the primary questions...

PPP loan forgiveness questions?  Received funds and now what?  Learn how to maximize your approval for loan forgiveness! Haynie & Company and NOW CFO teamed up to educate and discuss how...

Article Highlights: • CARES Act Relaxed Restrictions • Contribution AGI Limits • Charitable Contribution Deduction for Non-itemizers • IRA to Charity Transfers • Substantiation Requirements • Scammers To encourage charitable contributions to deserving qualified charities during these...

The CARES Act amendments to section 163(j) will allow many taxpayers increased interest deductions in tax years beginning in 2019 and 2020. Section 163(j) in general Section 163(j) limits business interest expense...

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...

Paycheck Protection Program Q & A (updated 4/15/20) Paycheck Protection Program (PPP) Information Sheet Paycheck Protection Program (PPP) On April 2, 2020 the SBA issued Interim Final Rules for the PPP. This summary...