843-972-3767 info@TidelineCPAs.com

Tideline CPAS

where quality and personal service converge

Coronavirus Tax Update

Update – Paycheck Protection Program 3-31-2020

Update - Paycheck Protection Program 3-31-2020 Today, more information was released on the application process for the Paycheck Protection Program.  Please see attached PDFs and the link below.  The law indicates you calculate the loan on the 12 months prior to the...

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CARES Act – Individuals

CARES Act – Individuals Recovery Rebates          Eligible individuals are allowed a credit of $1,200 ($2,400 for joint filers), plus $500 for each qualifying child, for the first taxable year beginning in 2020. An eligible...

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CARES Act – Business

CARES Act – Businesses Paycheck Protection Program (PPP) Loan Forgiveness Please see our website for a summary of this provision of the Act.  SBA- Emergency Injury Disaster Loan (EIDL) If you have applied for and received this loan, it can be refinanced as part...

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Paycheck Protection Program Loan Forgiveness

Part of the CARES Act approved and signed on March 27, 2020 Covered loan is a loan guaranteed under paragraph (36) of section 7(a) of Small Business Act. Eligible participants are employers with less than 500 employees including sole proprietors, independent...

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Emergency Family and Medical Leave Act

Paid Leave Act passed March 18, 2020 Emergency Family and Medical Leave Act: Employers with fewer than 500 employees must provide up to 12 weeks of job-protected FMLA leave for a qualifying need related to a public health emergency to employees who have been on...

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Federal income tax from the AICPA

Federal income tax from the AICPA : In a press conference on Tuesday, Treasury Secretary Steven Mnuchin announced that individuals and corporations can delay their tax payments for 90 days due to the coronavirus pandemic. Individuals can defer up to $1 million in...

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March 17, 2020

Congress is working on a tax bill to provide financial assistance with work absences and loss of business. It includes payroll tax credits for emergency sick pay. The bill is currently in the Senate, so we are uncertain of the specifics until it is passed. In addition...

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Tideline CPA Group, LLC is a full-service local accounting firm serving the Greater Charleston Area and beyond. We are here to serve clients and build relationships through our knowledge, integrity and timeliness.

Our services include: Payroll • Bookkeeping • Bookkeeping consulting • Client Bill Pay • Tax Planning • Tax Compliance • Compilation of Financial Statements • Sales tax

Our tax specialty areas include: • Real Estate • Construction Contractors • Professional Services • Restaurant and Hospitality • Closely Held Business • Investment Partnerships • Retail • Manufacturing and Distribution

Please reach out to us for any of your accounting needs. Tideline CPA Group, where quality and personal service converge.

Tideline CPA Group, LLC

1417 Stuart Engals Blvd, #202
Mt. Pleasant, SC 29464

info@TidelineCPAs.com
843-972-3767 office