Entries by Tracey Sutley

Paycheck Protection Program (PPP)

This week has seen many rapid changes, and unfortunately much uncertainty remains about how certain relief programs will work. However, due to the rapid pace at which Paycheck Protection Program (PPP) loan applications are being submitted to the U.S. Small Business Administration (SBA), we wanted to send out an update specifically about that program. As […]

CARES Act and SBA Program

CARES Act We have intentionally avoided disseminating information about the relief bill, known as the CARES Act, until it was in its final form. As of Friday March 27th, both the Senate and the House have approved the bill, and President Trump has signed it into law. As such, we can now begin to provide […]

Tax Deadline Extension and COVID-19

Treasury Secretary Steven Mnuchin announced today that the April 15th tax filing deadline for Federal returns has been pushed back to July 15th. We are awaiting announcements from state governments that they are following suit. While our lobby is closed to the public at this time, our staff are continuing to work (most remotely from […]

Tax Cuts and Jobs Act (TCJA) overview

Many of our clients have asked about the recently enacted Tax Cuts and Jobs Act (TCJA) tax package. The links below will direct you to letters that give an overview of some important elements of the new law. Click here for more information on the impact to Individual clients. Click here for more information on […]

New Filing Process for SC Form PT-100

If you file a South Carolina Business Personal Property Tax Return (Form PT-100), the filing process has changed as of August 2016. If you haven’t already, you will receive a letter from the SCDOR with important account information. You will need to provide this letter to your accountant as the letter contains a new file […]

Due Dates for Partnership and C Corporation Returns Revised

P.L. 114-41 was Signed Into Law on July 31, 2015 On July 31, 2015, President Obama signed into law P.L. 114-41, the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015.” This new law includes a number of important tax provisions, including revised due dates for Partnership and C corporation returns. This post provides […]