2022 Tag

2022-2023 Tax Planning Guide Tax planning may be a real challenge this year. Minimizing taxes is never easy. But in times of legislative and economic uncertainty, it can be a real challenge....

The Employee Retention Credit (ERC) is one of several programs the federal government implemented in the wake of COVID-19. This program reimburses businesses through a tax credit—i.e. a lump sum...

10 red flags for IRS audits Even though the overall IRS audit rate is currently low historically, it’s expected to increase as a result of provisions in the Inflation Reduction Act...

Authored by Haynie & Company Partner Bernard Abercrombie, CPA As we approach the end of the year, my clients are asking what tax benefits still exist for charitable giving in 2022....

Did you know that Employee Retention Credits (ERC) from the Cares Act are still available for many businesses filing taxes? The ERC benefit can be significant: up to $5,000 per...

Haynie & Company San Antonio was a proud Copper Star Sponsor at the Kinetic Kids Hootenanny fundraiser. This annual event was on September 30, 2022. The Hootenanny is Kinetic Kid's...

First-year bonus depreciation and Sec. 179 expensing: Watch out for the pitfalls Many companies are eligible for tax write-offs for certain equipment purchases and building improvements. These write-offs can do wonders...