How to Get Employee Retention Credits (ERC)
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...
17 October, 2022
News & Events Tag
Haynie Gives: Copper Star Sponsor at Kinetic Kids
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...
17 October, 2022
How to Repay Deferred Social Security Tax
How Self-Employed Individuals and Household Employers Repay Deferred Social Security Tax The Coronavirus Aid, Relief, and Economic Security Act allowed self-employed individuals and household employers to defer the payment of certain...
17 October, 2022
Depreciation
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...
12 October, 2022
1031 Exchange
A Section 1031 exchange (also known as a like-kind exchange) allows commercial or investment real estate owners to avoid capital gains tax when selling the property by swapping qualifying properties....
12 October, 2022
IRS Fights Employee Retention Tax Credit Fraud
In March 2022, the IRS identified 11,096 suspicious returns claiming more than $2 trillion in Employee Retention Tax Credits. The full extent of the fraud has yet to be...
03 October, 2022
Improperly Forgiven PPP Loans Are Taxable
On August 19, 2022, The IRS Office of Chief Counsel released a memorandum saying that when a taxpayer’s loan is forgiven based upon misrepresentations or omissions, the taxpayer is ineligible to exclude...
03 October, 2022
Haynie Gives: World Record to Fight Hunger
Haynie & Company Dallas loved participating in this years Tango Charities: Breaking a World Record Event on September 17, 2022. The event broke the Guinness World Record for the longest line of sandwiches with...
27 September, 2022