View Charitable Giving Tax Planning Guide Giving to charity can provide not only large income tax deductions to help you do well financially but also the satisfaction of doing good. Well-planned...
If money is held too long in a Section 529 college savings plan, there could be tax consequences. This article describes alternatives for savers who have overfunded their accounts. Oops, you...
If a business engages independent contractors to address staffing needs, it needs to be careful that these workers are properly classified for federal tax purposes. This article reviews the general...
ACTION REQUIRED! We strongly recommend all individual taxpayers apply for an IRS issued Identity Protection Personal Identification Number (IP PIN). This is an extra step to help prevent tax fraud....
Year-end tax planning may help you save taxes, regardless of what happens in Congress Many popular tax-planning strategies are in question as Congress debates how to pay for their $3.5 trillion...
Authored by the IRS: IR-2021-171, August 20, 2021 The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update...
Authored by Haynie & Company Partner Bernard Abercrombie, CPA DO YOU NEED A TRUST? Every year we receive questions from clients about whether they should set up one or more trusts. The...
Authored by Haynie & Company Partner Bernard Abercrombie, CPA In February of this year, Texas suffered through an unprecedented winter freeze. Many suffered damage because of the freeze, all the way...