Cost Recovery, Losses and R&D
(authored by RSM US LLP) This roundup of developments in the tax accounting methods and periods realm covers rulings and advice regarding cost recovery and losses....
08 August, 2023
Tax Planning Tag
Pass-through entity elections are here to stay: What you need to know
(authored by RSM US LLP) Pass-through entity elections are creating tax planning complexity. This article explains what you need to know and what you should do next....
16 June, 2023
Are You Liable For “Nanny Taxes”?
If you employ a household employee of any kind — which may include nannies, babysitters, housekeepers, cooks, gardeners, health care workers, and other employees — it’s important to understand your...
30 May, 2023
Is 2024 the Year to Consider a Roth Conversion?
Authored by: W. Dale Westenskow, CPA, Haynie & Company Partner Is It Time For A Roth Conversion? It looks like the wealthy are on track for a tax increase under President Joe...
31 March, 2023
Planning For Your 2022 Tax Return
Authored by Haynie & Company Partner Bernard Abercrombie, CPA With the new year comes the necessity to start thinking about filing your tax returns for 2022, whether you prepare it yourself or...
09 January, 2023
Large Capital Gain in 2022 – What Can I Do?
Authored by Haynie & Company Partner Bernard Abercrombie, CPA Over the last few years, many of our clients have found themselves with large taxable capital gains. Though there are lower capital gains...
20 December, 2022
What Your Accountant Needs to Prepare Your Tax Return
What does your CPA need from you? The following is a list of general information that should be gathered for your income tax returns. Tax Information Needed Individual income tax returns: ...
04 December, 2022
Work Opportunity Tax Credit
Business owners who need to hire should be aware of a valuable tax credit that’s available to employers hiring individuals from one or more targeted groups. The Work Opportunity Tax...
22 November, 2022