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,...
Paycheck Protection Program – December 2020 Changes The Consolidated Appropriations Act changes the PPP Loan Program primarily in three ways. First, the Act allows new PPP loan applications to be submitted...
Austin, TX is filled with amazing and inspiring non-profits. It has been our privilege to connect with and volunteer alongside some of these organizations in 2020. One of our Winter 2020...
On Dec. 22, 2020, Congress passed the latest COVID-19 Relief Bill. This is the largest bill ever passed by Congress at over 5,500 pages. It contains over $900 billion of...
(authored by RSM US LLP) Last minute negotiations pave way for Congress to pass second major COVID-19 stimulus package with tax law changes and tax extenders....
(authored by RSM US LLP) After negotiations go to the 11th hour, Congress passes tax fix for PPP, changes to loan forgiveness and establishes second-draw program....
The Haynie & Company office in The Woodlands, Texas is bringing a little Christmas cheer to local senior citizens. Seniors have been hit especially hard this year by the pandemic....