News & Events

Update On Wells Fargo Lending Through Paycheck Protection Program

Wells Fargo will soon begin lending again to small businesses negatively impacted by coronavirus through the federal, forgivable loan program known as the Paycheck Protection…

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Partnerships Can File Amended Returns to Get CARES Act Benefits

The IRS has announced it is allowing partnerships to file an amended partnership return for 2018 or 2019 to take advantage of beneficial tax provisions…

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IRS Waives Failure to Deposit Penalties

The IRS has announced relief from failure to make employment tax deposits to employers entitled to the refundable tax credits provided under the Families First…

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Wells Fargo Backs Out of Paycheck Protection Program

UPDATE: APRIL 10, 2020, 10:30 a.m. Wells Fargo will begin lending to small businesses affected by coronavirus through the federal PPP again. Click here for details.…

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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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