We are looking forward to the bright future of Holcombe, Holtzclaw & Ravan LLC!
Danny Holcombe (Managing Partner) shares a story of success and announces the exciting news.
LATEST NEWS & UpDATES
Steer clear of the wash sale rule if you’re selling stock by year end
Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so, it’s important not to run afoul of the “wash sale” rule. IRS may disallow the loss Under this rule, if you sell stock or...
Taking distributions from a traditional IRA
Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and SIMPLE-IRA), it’s even more critical that you plan for withdrawals from these tax-deferred retirement vehicles. There...
Tax responsibilities if your business is closing amid the pandemic
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist you in any way we can, including taking care of the various tax obligations that must be met. Of course, a...
Why your nonprofit must make time for accountability
“Accountability” may seem like one of those popular management concepts you know would be nice to implement if your not-for-profit had the time and budget. But not only is accountability essential to your nonprofit’s health and efficacy —...
Minority and Small Business Relief Grant Program
South Carolina has announced a “Minority and Small Business Relief Grant Program.” This program is designed to provide grants to minority and small businesses to reimburse qualifying expenditures for providing services or revenue loss due...
Tax implications of working from home and collecting unemployment
COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common situations. 1. Working from home. Many employees have been told not to come into their workplaces due...
Business Valuation Certification and Training
Danny M. Holcombe, CPA and Lisa R. Frye, CPA have earned their Certified Valuation Analyst (CVA) credential from the National Association of Certified Valuators and Analysts. The CVA designation assures the business, professional, and...
2020 Q4 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us...
We are excited about the future of HHR CPA Firm
We are looking forward to the bright future of Holcombe, Holtzclaw & Ravan LLC! Danny Holcombe (Managing Partner) shares a story of success and announces the exciting news.
Consulting & Support Services
Holcombe, Holtzclaw & Ravan LLC offers a range of business support services to meet the diverse needs of our clients in Spartanburg, SC who own and manage businesses. We have four QuickBooks Pro Advisors on staff, all ready and able to help.
Professional Tax & Accounting Services
Accounting Resources
We have listed a few accounting and tax websites that you will find helpful and informative.