Fraud Considerations in the Paycheck Protection Program
(authored by RSM US LLP) Given the lack of due diligence executed for each PPP application, it’s likely there will be a number of violations uncovered in the future....
21 October, 2020
covid-19 pandemic Tag
Haynie Gives Back: Junior MINTS School Volunteer
The Austin Office of Haynie & Company has a wide reach in the state of Texas! One of our staff members, Tyne Reyburn, CPA, Audit Manager, works remotely for Haynie...
14 October, 2020
Simpler PPP Forgiveness for Loans of $50,000 or Less
On October 8, 2020, The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or...
12 October, 2020
Oct PPP Loan Forgiveness Update
October 5, 2020 - The SBA’s PPP loan was likely a lifesaver to your business, and the next step is to apply for loan forgiveness with the bank that processed...
05 October, 2020
Utah Governor Announces Small Business Grant
On October 1, 2020, Utah Governor Herbert announced the launch of a new $2 million “Small Business Quarantined Employee Grant” for small businesses in Utah. The grant was created using federal...
05 October, 2020
SBA Guidance for PPP Loans in M&A Transactions
(authored by RSM US LLP) SBA procedural guidance provides answers on how to navigate PPP loan changes in ownership; deals can now move forward with certainty....
05 October, 2020
CARES Act Expands Donation Deductions
In most cases, charitable gifts are deducted by taxpayers who itemize. Those donations are claimed on Schedule A of their annual tax return. However, this year, the Coronavirus Aid, Relief...
18 September, 2020
Economic Impact Payment Update
The Internal Revenue Service has announced it will reopen the registration period for federal beneficiaries with children who didn't receive a $500 per child Economic Impact (stimulus) Payment earlier this...
18 September, 2020