On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R.748). The law is the third phase of a comprehensive federal government effort to address concerns arising...more
The new Tax Cuts and Jobs Act provides a 20% non-itemized deduction for “qualified business income” (business income received by an owner of a pass-through entity) beginning in 2018.
Such pass-through income - reduced by...more
Haynsworth Sinkler Boyd recently hosted our annual Corporate Law for Accountants Seminars across South Carolina. These complimentary seminars covered three main topics: (1) operating agreements, (2) employment law and (3)...more
1/26/2018
/ CPAs ,
Department of Labor (DOL) ,
EEO-1 ,
Federal Contractors ,
Independent Contractors ,
Limited Liability Company (LLC) ,
Local Taxes ,
Misclassification ,
Operating Agreements ,
Partnerships ,
State Taxes ,
Tax Exemptions
For tax years beginning after December 31, 2017, a new centralized audit regime for partnerships and LLCs will take effect. Currently, audit adjustments made by the Internal Revenue Service for partnerships (LLCs) are made at...more