Federal Tax
06.15.2020 |
Erik P. Doerring
Many South Carolinians who have been furloughed or laid-off from work have received unemployment benefits from the South Carolina Department of Workforce. These benefits have…
06.12.2020 |
Jeffrey T. Allen
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides individuals with a stimulus payment of $1,200 per adult, plus $500 for each qualifying…
06.1.2020
By Jennifer L. Rath, Enrolled Agent If a taxpayer owes federal taxes, but does not have the financial ability to pay these taxes in full,…
05.19.2020 |
Jeffrey T. Allen
On May 15, 2020 the Small Business Administration (SBA) released a Paycheck Protection Program Loan Forgiveness Application with related instructions. The application and instructions help…
05.7.2020 |
Erik P. Doerring
The Payroll Protection Program (PPP) under the CARES Act can provide eligible businesses with a forgivable loan from the government to be used to keep…
05.1.2020 |
Jonathan H. Nason
Presently, many human resource departments are scrambling to address issues raised by the passage of the Families First Coronavirus Response Act (the “FFCRA”) and the…
04.23.2020 |
Debra Lee Mackey
In response to the COVID-19 pandemic, the Internal Revenue Service and the Pension Benefit Guaranty Corporation extended many deadlines for retirement plans, discussed below. Remedial…
04.22.2020 |
Jeffrey T. Allen
One of the key benefits of a Paycheck Protection Program (PPP) loan is the ability to have all or a portion of the loan forgiven. …
04.20.2020 |
Erik P. Doerring
Payroll Protection Program (PPP) loans under the CARES Act are available not only to small business but to self-employed individuals, too. Banks began accepting PPP…
04.17.2020 |
Erik P. Doerring
Due to the COVID-19 pandemic, many employers have furloughed some or all of their workforce in South Carolina. Furloughed employees may now be entitled to…
