IRS ADVANCE CTC LETTERS MAY BE INCORRECT

January 28, 2022

It’s your favorite CPAs, again, with an update to what our industry is calling “another miserable tax season.” This time it involves Letter 6419 that the IRS began sending last month to reflect the advance payments of the Child Tax Credit. It has been discovered, a bit late in the game, that the amounts on

2022 Tax Credit Available!

January 26, 2022

From our friends at Exceptional SC: 2022 Tax Credit Available! Hello, friend of Exceptional SC:   Due to your generosity and hundreds of other individuals and businesses in 2021, we will be able to provide more support to our special needs children than in the previous 3 years!   In 2022, please continue to think

Congratulations

January 24, 2022

We are excited to announce the promotion of Allen Johnson from Tax Associate to Tax Senior. Allen joined TLG in 2019 and is an invaluable asset to our tax team. Allen is hardworking, diligent, and always eager to lend a hand. Whether it's on the kickball field or at the office, Allen is the kind

Welcome

January 24, 2022

We are pleased to welcome Will Clifton to the TLG team. Will has always loved numbers and is currently studying at College of Charleston. "Everything has a place and it has to add up, so there is a very steady and calculated problem and solution." When Will isn't problem solving at C of C, you

Welcome

January 24, 2022

We are pleased to announce that Jerrica Hamilton has joined the TLG team as a Tax Intern. Jerrica, who fell in love with accounting in high school, is currently studying at College of Charleston. When she isn't crunching numbers, she enjoys fishing, an afternoon on the water, and snuggles with her puppy. Please join us

This pandemic tax filing season is ‘dumpster fire 2.0’

January 12, 2022

Click HERE to see the original article. By  Lynnley Browning January 11, 2022, 10:20 a.m. EST6 Min Read Millions of mass affluent Americans face yet another turbulent tax season this year, as special payments sent out during the COVID pandemic scramble their federal returns — and potentially their refunds. With Jan. 24 the first day to

2021 Tax Credit Available

November 4, 2021

A message from our friends at Exceptional SC.We hope that you will consider joining this important cause to help us transform the lives of thousands of special needs children in our state. Last year, we were able to support 1,500 students’ statewide attending special education programs within private schools.   There were some very important changes signed

News from the House Ways and Means Committee

September 20, 2021

"On September 13, 2021, the House Ways and Means Committee released the proposed tax provisions of the broader budget reconciliation bill that Democrats hope to pass in the upcoming weeks." Click here to view the full article from our friends at UBS.

PLANNING FOR POTENTIAL TAX REFORM

August 17, 2021

PLANNING FOR POTENTIAL TAX REFORM  With all the uncertainty surrounding Biden’s tax policies, we want to be proactive on what could be, yet another, big year for taxes. We know you are hearing the news regarding Biden’s tax proposals and, for some of you, the changes could be significant. We want to assure you that

Do you have questions regarding the Advance Child Tax Credit?

August 2, 2021

Click the following link for up-to-date instructions on how stop payments, return payments, and how to update your information for payments. https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021