Holcombe, Holtzclaw & Ravan LLC

Certified Public Accountants and Advisors

Serving Spartanburg and Upstate SC

HHR is hiring!

Holcombe, Holtclaw and Ravan is seeking a full-time Staff Accountant to join our team.

LATEST NEWS & UpDATES

Plan ahead for the 3.8% Net Investment Income Tax

Plan ahead for the 3.8% Net Investment Income Tax

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are some steps you may be able to take to reduce its impact. The NIIT applies to you only if modified...

An S corporation could cut your self-employment tax

An S corporation could cut your self-employment tax

If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject to both income tax and self-employment tax. There may be a way to cut your tax bill by conducting business as an S...

It may be time to tune up your nonprofit’s accounting function

It may be time to tune up your nonprofit’s accounting function

Many organizations get stuck in procedural ruts because it’s easier in the short term to continue doing things the way they’ve always been done. But it generally pays to regularly review your not-for-profit’s accounting function for...

Who qualifies for “head of household” tax filing status?

Who qualifies for “head of household” tax filing status?

When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing separately, head of household or qualifying widow(er). Who qualifies to file a return as a head of...

Tax advantages of hiring your child at your small business

Tax advantages of hiring your child at your small business

As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll. Here are some considerations. Shifting business earnings You can turn some of your high-taxed income into...

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.