Disaster relief payments help employees and can save taxes
In the aftermath of Hurricanes Florence and Michael this fall, employers are asking how they can help their employees during these difficult times. One option that employers have is to make disaster relief payments to their employees. A disaster relief payment is any amount paid to or for the benefit of an individual to reimburse […]
IRS gives more disaster victims time to make tax payments
Disaster victims in parts of North Carolina and South Carolina will have more time to make some tax payments in the wake of Hurricane Florence. Much of coastal North Carolina and South Carolina are still recovering from massive flooding after Hurricane Florence made landfall on Sept. 14. As a result, the IRS has announced that […]
Beware of fake charities scams in wake of Hurricane Florence
When disaster strikes, many people feel moved to help their fellow citizens – either by physically pitching in to help with cleanup or by donating to various charities that can help distribute needed resources. Unfortunately, there are opportunists who see these circumstances as fertile ground for making a quick buck by exploiting peoples’ goodwill and […]
Hurricane Florence victims in N.C. given more time to file taxes
In the aftermath of Hurricane Florence, the IRS has extended tax filing deadlines for those individuals and businesses in certain parts of North Carolina. Much of coastal North Carolina is suffering from flooding in the aftermath of the storm that made landfall on Sept. 14. Many roads remain underwater or blocked by downed trees. The […]
Prepare your business now ahead of Hurricane Florence
Millions are preparing for Hurricane Florence, which is scheduled to strike the coasts of North Carolina and South Carolina in the coming days. But what happens after the storm? While no one can control the path and strength of the storm, as a business owner, you can take some steps now that will make it […]