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...
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....
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...
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...
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...
In September, Haynie & Company hosted Open Houses in Salt Lake City and Phoenix for students from numerous universities in Utah and Arizona. At Haynie, we know starting a career...
Haynie & Company Flagstaff was proud to be a sponsor at the Hold Strong 'Oh My Garage' Cornhole Tournament. Haynie is privileged to support Hold Strong in their efforts to help officers suffering...
Register Now The new lease accounting standards (ASC 842) present significant business implications and complex financial reporting requirements. To successfully comply, your company needs to be proactive in understanding the new lease...