June 2019
SC Per-Capita Tax Bill Among Nation’s Lowest
The Associated Press has calculated each state's per-capita federal tax bill (federal income, payroll, and estate tax) using data from IRS and population estimates from the Census Bureau. The result shows that South Carolina [...]
Startup Economy Index Ranks Charleston Highly
The Post and Courier reports that TechNet, a Washington-based innovation advocacy group, has released a "startup economy index" based on the proportion of job postings in a region that uses the word "startup." The Lowcountry [...]
Tax Filing Deadline is April 18 for Individuals and Trusts
As a result of a federal holiday, taxpayers have until Monday, April 18, this year to file individual and calendar-year fiduciary income tax returns. As a reminder, an extension of time to file a [...]
Deadline Approaching for Reporting Foreign Bank and Investment Accounts
A hot button issue for IRS is the reporting of foreign bank and investment accounts by U.S. citizens and resident aliens. If you own an interest in or have signature authority for a foreign [...]
Charleston New Business Formations Keep Pace
According to a recent article in the Post & Courier, the number of new businesses formed in Charleston since the 2008 recession has outpaced most of the nation. According to U.S. Census data, 1,700 [...]
Expatriate Tax Deadlines
Accel has many expatriate clients (both U.S. residents living abroad and foreign nationals living in the United States). If you are one of them, here are the important 2017 U.S. tax deadlines to be [...]