News & Events

IRS Postpones Date For Filing Gift, Generation-Skipping Transfer Taxes

The IRS has announced it is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15, 2020,…

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Stimulus Bill Passes House, Moves to President’s Desk

The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act has passed both houses of Congress and is heading to the president’s desk. For…

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Senate Bill Recap

COVID-19 FEDERAL FINANCIAL RELIEF By:  Blaine HawkinsDownload Printable View The US Senate has passed and sent to the House for their consideration a massive Federal…

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State Tax Deadlines Moved In Response To Coronavirus

In an effort to align with guidance issued by the IRS, many states are also extending their deadlines for tax filing and payment.  Information for…

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South Carolina Businesses Now Eligible for SBA Disaster Assistance Loans

The SBA is offering low-interest loans to small businesses negatively impacted by coronavirus. South Carolina was recently added to the list of eligible disaster areas.…

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Tax Filing Deadline Extended In Light of Coronavirus

Treasury Secretary Steven Mnuchin announced this morning that tax returns normally due on April 15th will not be due until July 15th this year. U.S.…

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President Signs Coronavirus Response Act, Changes Made To Paid Leave Mandate

President Trump has signed the final version of the Families First Coronavirus Response Act. The revised bill changes significantly the original proposal for FMLA for…

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North Carolina Businesses Now Eligible For SBA Disaster Assistance Loans

The SBA is offering low-interest loans to small businesses negatively impacted by coronavirus. North Carolina was recently added to the list of eligible disaster areas.…

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High Deductible Health Plans to Cover Coronavirus Testing

The IRS has announced that high-deductible health plans can pay for COVID-19 (coronavirus) -related testing and treatment without jeopardizing their status. This also means that…

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IRS Introduces Gig Economy Tax Center

  The IRS has launched the Gig Economy Tax Center aimed at helping freelancers in the gig economy understand and meet their tax obligations. Gig…

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