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IRS Waives Failure to Deposit Penalties
IRS Waives Failure to Deposit Penalties

The IRS has announced relief from failure to make employment tax deposits to employers entitled to...

Wells Fargo Backs Out of Paycheck Protection Program
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...

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

Stimulus Bill Passes House, Moves to President's Desk
Stimulus Bill Passes House, Moves to President's Desk

The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act has passed both houses...

Senate Bill Recap
Senate Bill Recap

The US Senate has passed and sent to the House for their consideration a massive Federal financial...

State Tax Deadlines Moved In Response To Coronavirus
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...

South Carolina Businesses Now Eligible for SBA Disaster Assistance Loans
South Carolina Businesses Now Eligible for SBA Disaster Assistance Loans

The SBA is offering low-interest loans to small businesses negatively impacted by coronavirus....

Tax Filing Deadline Extended In Light of Coronavirus
Tax Filing Deadline Extended In Light of Coronavirus

Treasury Secretary Steven Mnuchin announced this morning that tax returns normally due on April...

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

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