LATEST NEWS & UpDATES
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...
Answers to questions about the CARES Act employee retention tax credit
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50% of wages paid by eligible employers to certain employees during the COVID-19 pandemic. The employee retention...
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
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...
CARES Act and What It Means For You
Now and again, our country can show up forcefully isolated; separated by ages, by left and right, by our disparities, and even by the political parties. Once in a while, conditions emerge that force us to either ascend as one or be...
HHR Corona Virus Procedures
In response to our present state of crisis, I felt the need to communicate with you regarding our method of operations for the near future. For us, the restrictions that are now in place pose some added difficulties with them occurring...
Coronavirus (COVID-19): Small Business Guidance & Loan Resources
Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy....
(Updated) Payment Deadline Extended to July 15, 2020
(Updated: The filing date has also been extended to July 15) March 18, 2020 The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak....
Do you run your business from home? You might be eligible for deductions
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.
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Accounting Resources
We have listed a few accounting and tax websites that you will find helpful and informative.