The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017. For example, you can no longer deduct any of the...
If your business is planning to buy, build or substantially improve real property, a cost segregation study can help you accelerate depreciation deductions, reducing your taxes and boosting your cash...
If money is held too long in a Section 529 college savings plan, there could be tax consequences. This article describes alternatives for savers who have overfunded their accounts. Oops, you...
If a business engages independent contractors to address staffing needs, it needs to be careful that these workers are properly classified for federal tax purposes. This article reviews the general...
Haynie & Company won the 2021 Salt Lake Tribune Top Workplaces award! Look for us in the Salt Lake Tribune. We also received this award in 202o. Haynie & Company is...
(authored by RSM US LLP) Bipartisan infrastructure bill passes House with bipartisan vote. President Biden expected to sign by end of next week....
ACTION REQUIRED! We strongly recommend all individual taxpayers apply for an IRS issued Identity Protection Personal Identification Number (IP PIN). This is an extra step to help prevent tax fraud....
(authored by RSM US LLP) Widespread labor shortages are hampering companies’ ability to capitalize on an expanding economy as the country recovers from a pandemic....