Is Charleston the most undervalued U.S. city for housing costs? So says a new analysis from Smart Asset (www.smartasset.com). As quoted in today's Post and Courier, "We estimate, given the quality of life available in the Holy [...]
We're starting to receive some calls about the Trump tax plan and what it means for our clients. The short answer is, we don't know. It is highly unlikley that the bullet-point plan that President Trump released [...]
Just an FYI for all the expats out there: the foreign bank account reporting "FBAR" (Form 114) is no longer due on June 30 as in past years. It is now due on the same date as [...]
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 residents pay $4,685 [...]
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 ranks #25, which [...]
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 return does not [...]
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 account, you may [...]
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 businesses opened up [...]
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 aware of: April [...]
Under the Affordable Care Act, employers have generally been prohibited from reimbursing employee health insurance costs. However, beginning in 2017, employers can once again use pre-tax funds to reimburse employee health costs, including insurance. Such Health Reimbursement [...]
