Archive for Uncategorized

Can one designate voluntary payments from the sale of corporate assets to pay the trust fund portion of delinquent taxes?

  • February 14th, 2019
  • David Greene
  • Comments Off on Can one designate voluntary payments from the sale of corporate assets to pay the trust fund portion of delinquent taxes?

Thank you for your question.  The answer is, yes you can designate to which taxes the money you pay to the IRS will be applied as long as it is a “voluntary” payment and not one paid due to forced…

Can I be taxed in retirement? How?

  • October 31st, 2018
  • David Greene
  • Comments Off on Can I be taxed in retirement? How?

There are six primary ways you can be taxed in retirement: (1) Traditional IRA or 401(k) withdrawals – this money is always taxed when taken out, no matter at what age; (2) Social Security benefits – whether or not taxed…

Do reimbursements from my employer need to be included in my income?

  • October 24th, 2018
  • David Greene
  • Comments Off on Do reimbursements from my employer need to be included in my income?

Under the 2017 Tax Cuts and Jobs Act reimbursements for moving expenses paid by an employer for most employees is to be included in income starting in 2018. This makes these amounts taxable for most employees, except for active-duty members…

Does the new tax code affect my withholding because I have dependents?

  • October 16th, 2018
  • David Greene
  • Comments Off on Does the new tax code affect my withholding because I have dependents?

Because the law expanded and made significant changes to the Child Tax Credit, it also suspended the deduction for personal exemptions. The IRS has recommended that parents and caregivers should do a “paycheck checkup” to determine how these changes could…

How important is it to have a durable Power of Attorney?

  • May 1st, 2018
  • David Greene
  • Comments Off on How important is it to have a durable Power of Attorney?

It is very important! A durable Power of Attorney (POA) is simply legal authorization for someone else to act on one’s behalf. This usually only occurs if the grantor of the POA is incapacitated, but it can be useful in many…

What is the Fresh Start progran for those who owe delinquent taxes?

  • August 15th, 2017
  • David Greene
  • Comments Off on What is the Fresh Start progran for those who owe delinquent taxes?

The Fresh Start program helps many taxpayers but not all. It is designed to help those with smaller amounts owing in delinqueat taxes. Basically the program provides a simple way for taxpayers owing less than $25,000 in delinquent taxes to…

Successful seminar

  • January 25th, 2016
  • David Greene
  • Comments Off on Successful seminar

Hope everyone had a good time in the snow. We had a great Estate Planning seminar and meal last Thursday evening before the snow. Some very good questions were asked, which showed that the attendees were involved and interested.  We…

Page 1of 2: 1 2

Office Location

11 McGee Street
Greenville, SC 29601

Phone: (864) 271-7940
Fax: (864) 370-3413
Toll Free: 1-800-216-1116