By law, employers are required to file copies of their Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by January 31. However, since January 31 falls on a Sunday in 2021, the deadline is the next business day, Monday, February 1. The IRS […]
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Coronavirus-Related Distributions/Loans from Retirement Plans
If you believe you may be eligible for benefits or relief under your retirement plan in regards to COVID19, please find more information as released by the IRS here. […]
COVID-19 – Small Business Relief
– Paycheck Protection Program Loan Forgiveness – Updated Forms and Instructions are linked here – $10,000 Emergency Cash Grant and Economic Injury Disaster Loans – apply online here – Paycheck Protection Program Loans – check with your lender as this will need to be applied for through an SBA approved financial institution; generalized information and […]
COVID-19 – Individual Economic Impact Payments
If you have received an Economic Impact Payment by mistake, the IRS has released information on how to go about returning those payments here. If you do not normally file a tax return, but believe that you are eligible for the Economic Impact Payment, you can enter your information here. If you are trying to check […]
COVID-19 – Deadlines/Extensions
In addition to the Federal and SC Income Tax Payments due April 15th being extended to July 15th, the 1st and 2nd Quarter Federal and SC Estimated Tax Payments due April 15th and June 15th have also been extended to July 15th. We will continue monitoring the effects of COVID-19 on the various deadlines. Please […]
4th Quarter 2019 Estimated Tax Payment Due
If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, get them postmarked by January 15, 2020 tax deadline. […]
