How To Correct A Mistake On Your Tax Return: Amended Returns Explained
- David Greene
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In this article, you can discover… How to amend your tax return in South Carolina. The types of mistakes that can be fixed with an amended tax return. How an experienced tax attorney can help you file an amended return….
Last-Minute Tax Tips For South Carolina Residents
- David Greene
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In this article, you can discover… The key deadlines to be aware of as a South Carolina taxpayer. Last-minute tax breaks that many South Carolina residents overlook. When to hire a tax professional, and how they can help. What Are…
What Is An Offer In Compromise, And Do You Qualify?
- David Greene
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In this article, you will discover: What an Offer in Compromise is, and how to know if you’re eligible How the IRS evaluates an Offer in Compromise The documents necessary to support an Offer in Compromise What Is An Offer…
Misconceptions About Gifting And Taxes In Estate Planning: Considerations For The Holidays
- David Greene
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In this article, you will discover: When you have to pay taxes on the gifts you receive Whether gifts are tax-free for recipients Whether there are different tax implications for gifting cash versus assets Do I Have To Pay Taxes…
Can I Claim An Elderly Parent As A Dependent In South Carolina?
- David Greene
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Here is a summary of the important points covered in this guide: The requirements for claiming an elderly parent as a dependent in South Carolina. Whether claiming an elderly parent affects your taxes or Medicaid. Common mistakes people make when…
Debunking The Top 5 Myths About IRS Tax Refunds
- David Greene
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Tax season often brings anxiety and uncertainty for many Americans. While some concerns are legitimate, others are fueled by persistent myths and misconceptions. Let’s set the record straight on some common misunderstandings, including: Several misleading myths about how to get…
How South Carolina Families Can Plan Their Post-Holiday Finances
- David Greene
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In this article, you can discover… The benefits of viewing your finances at the start of a new year. How to be prepared for the upcoming tax season. How estate planning can factor into your New Year’s plans. Why Is…
What is the Trust Fund Penalty
- David Greene
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The Trust Fund Penalty (TFP) is not really a penalty added to delinquent tax but is instead a portion of the payroll taxes a company is required to collect from employees and pay to the IRS. It only applies to…
Can I Leave Money For My Pet In South Carolina?
- David Greene
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In this article, you will discover: Why you should establish a trust for your pet’s care after your death How to establish a trust for your pet How to plan for any leftover pet trust funds What Options Are Available…
What Is The Stepped-Up Basis Rule In Estate Planning?
- David Greene
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In this guide, you will learn the following: What the stepped-up basis rule is, and why it is important. The assets that are eligible for a stepped-up basis adjustment in South Carolina. How the stepped-up basis affects capital gains taxes….