Holcombe, Holtzclaw & Ravan LLC

Certified Public Accountants and Advisors

Serving Spartanburg and Upstate SC

COVID-19 Operations Update and Client Information

Corona Virus Updates

Is your nonprofit’s tap running dry?

Is your nonprofit’s tap running dry?

The novel coronavirus (COVID-19) crisis has put enormous financial stress on many not-for-profits — whether they’re temporarily shut down or actively fighting the pandemic. If cash flow has dried up, your organization may need to do more...

Answers to COVID-19 related tax questions

Answers to COVID-19 related tax questions

The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now. My employer closed the office and I’m working from home. Can I deduct any of the related expenses?...

Time to team up: Nonprofit partnerships

Time to team up: Nonprofit partnerships

Limited staff and financial resources during the novel coronavirus (COVID-19) pandemic may have your not-for-profit looking for new ways to achieve your mission. Partnering with a like-minded organization potentially enables you to pool...

The CARES Act liberalizes net operating losses

The CARES Act liberalizes net operating losses

The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous tax law. Here’s a look at how the rules for claiming certain tax losses have been modified to...

COVID-19: IRS announces more relief and details

COVID-19: IRS announces more relief and details

In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their health and financial well-being. To help with the impact facing many people, the government has provided a range of relief. Here are some new...

Cash payments and tax relief for individuals in new law

Cash payments and tax relief for individuals in new law

A new law signed by President Trump on March 27 provides a variety of tax and financial relief measures to help Americans during the coronavirus (COVID-19) pandemic. This article explains some of the tax relief for individuals in the...

The new COVID-19 law provides businesses with more relief

The new COVID-19 law provides businesses with more relief

On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and employers. Here are some of the tax-related provisions in the Coronavirus Aid, Relief, and Economic...

How the Treasury Department is Taking Action

How the Treasury Department is Taking Action

WHAT TREASURY IS DOING The Treasury Department is supporting American workers and businesses who are impacted by the coronavirus. In February, Secretary Mnuchin was appointed to the President’s Coronavirus Task Force, where he meets daily...

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

We are here not only to provide high quality, timely and pro-active tax, audit and accounting services but also to play a role as your lifetime advisor.

Accounting Resources

We have listed a few accounting and tax websites that you will find helpful and informative.