March 19, 2021
Both the South Carolina and North Carolina Departments of Revenue have adopted the extended federal individual income tax filing and payment deadline of May 17, 2021. So […]
March 19, 2021
On March 17th the Treasury Department and Internal Revenue Service extended the federal income tax filing due date for individuals from April 15, 2021, to May […]
March 19, 2021
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 into law to help address the impact of the coronavirus pandemic. In […]
March 19, 2021
Valued Friends and Clients of WR, On March 1st the IRS issued Notice 2021-20 which provides guidance for employers claiming the employee retention credit in 2020 and its […]
February 18, 2021
To view, download, or print the pdf article, please click on the link below: Six Steps to Sales Use Compliance_02.15.2021
February 9, 2021
In our update two weeks ago we let you know about the SBA’s new, easier one-page PPP forgiveness application for loans under $150k; the PPP Loan Forgiveness Application Form […]
February 1, 2021
In our post earlier this month dealing with the SC Legislative Update for 2020 we discussed that SC DOR had a draft ruling clarifying SC’s treatment of IRC§ 163(j). […]
February 1, 2021
To further support clinicians during the COVID-19 public health emergency, CMS has extended the deadline for COVID-19 related 2020 Merit-based Incentive Payment System (MIPS) Extreme and […]
January 22, 2021
Did you purchase commercial property in South Carolina during 2020? With real estate prices skyrocketing, the odds are that you purchased the property for more than […]
January 22, 2021
The SBA has released the new, easier forgiveness application for PPP loans under $150,000. Borrowers eligible to use this one-page application and are not required to […]
January 22, 2021
On January 15, 2021, the Department of Health and Human Services (HHS) announced that the reporting portal is now open for registration only. HHS has delayed the […]
January 22, 2021
The SBA today released information on how to calculate revenue reduction and maximum loan amounts for Second Draw PPP loans, including what documentation to provide with the application. […]
January 22, 2021
The Consolidated Appropriations Act of 2021 (CAA) extended several credits available to employers. One of those is the Work Opportunity Tax Credit (WOTC), which has been […]
January 11, 2021
Paycheck Protection Program (PPP) lending starts back up again on Monday. The SBA has released Top Line Overviews for First and Second Draw Loans, as well […]
January 8, 2021
The South Carolina Department of Revenue has issued its “Tax Legislative Update for 2020” that summarizes all the tax-related legislative changes that were made during the 2019-2020 legislative […]
January 7, 2021
The Consolidated Appropriations Act of 2021 (CAA) was signed into law on December 27th, 2020. If you missed our previous email discussing what was included in the […]
December 22, 2020
The US Senate and House of Representatives passed the $900 billion COVID-19 relief bill last night. The final legislation, the Consolidated Appropriations Act, 2021, had small differences to […]
December 22, 2020
Congressional lawmakers have finally reached agreement on the long-awaited next coronavirus relief package. House and Senate leaders announced all parties have agreed on the $900 billion […]
December 21, 2020
The South Carolina Department of Revenue (DOR) has issued the latest edition of its ReveNews quarterly newsletter: Among the items therein is a reminder of its new […]
October 20, 2020
We are now more than six months into the pandemic and the Department of Health and Human Services (HHS) announced on October 1st, 2020 that the […]
October 19, 2020
As we shared with you in our post last week, the application process for two new SC CARES Act grant programs — the Minority and Small Business […]
October 19, 2020
On October 12th the SC Department of Administration announced the application process for two new SC CARES Act grant programs — the Minority and Small Business […]
September 16, 2020
CMS has released its MIPS scores for your 2019 performance which could affect your payment in 2021. On August 5, 2020, CMS released 2019 MIPS performance feedback and […]
September 16, 2020
Today is the first day of the President’s Employee Payroll Tax Deferral program. While some guidance was put out on Friday last week, we are still left […]
September 15, 2020
WebsterRogers has partnered with the SC MGMA to present a virtual fall webinar series focused on topics important to healthcare providers. The series begins next week […]
September 15, 2020
On Monday the US Department of the Treasury and Small Business Administration released a new interim final rule dealing with treatment of owners and forgiveness of certain nonpayroll […]
September 15, 2020
On July 31, 2020, HHS announced that certain Medicare providers would be given another opportunity to receive additional Provider Relief Fund payments. These are providers who […]
September 14, 2020
The second of the four part SC MGMA Fall Webinar Series is coming up on September 16th. The topic of this session is Telehealth and Remote Patient Monitoring Basics […]
August 12, 2020
A lack of broadband internet continues to plague hundreds of thousands of South Carolinians, creating barriers for students trying to learn virtually, employees trying to maintain […]
August 11, 2020
On August 3rd, 2020, the Centers for Medicare and Medicaid Services (CMS) released their proposed rule for the calendar year of 2021. These changes would affect […]
July 29, 2020
The coronavirus (COVID-19) pandemic has quickly transformed our economy, daily lives, and overall health care system. While this crisis has presented our world with record challenges, […]
July 28, 2020
2020 has been a year for the record books and we have only just recently reached the halfway point. As the world continues to grapple with […]
July 28, 2020
Updated news for providers that received either (1) General Distributions from the initial HHS Provider Relief Funds or (2) the second round of funds from the […]
July 25, 2020
On July 20th, 2020, the Department of Health and Human Services (HHS) announced an update to the reporting requirements for healthcare providers who received funds through […]
July 23, 2020
It is coming up on a month since our last PPP update going over the changes made through the PPP Flexibility Act. Since then we have continued […]
June 27, 2020
On Monday evening the SBA and US Dept of the Treasury published a new PPP IFR on Revisions to the Loan Forgiveness IFR. This document modifies the […]
June 26, 2020
This week marked the original 8-week forgiveness covered period end-date for many of our clients as well as the issuance of the two new PPP loan […]
June 25, 2020
On Friday, June 5th the President signed the PPP Flexibility Act (PPPFA) into law. Yesterday, Treasury Secretary Steven T. Mnuchin and SBA Administrator Jovita Carranza issued […]
June 9, 2020
As we suggested in our eblast on Monday, it appears changes to the Paycheck Protection Program (PPP) will be made. The House bill titled “Paycheck Protection Program […]
June 3, 2020
This week marks the end of the 8-week forgiveness period for the first PPP loans issued. Those of you “lucky” enough to receive your PPP loans during […]
May 29, 2020
On May 20, 2020 the Department of Health and Human Services (HHS) reminded providers of an important deadline quickly approaching. Any providers who received funds from […]
May 27, 2020
The SBA and US Dept of the Treasury released two new IFR’s on Friday evening. The Interim Rule on Loan Forgiveness expanded on some of the items found […]
May 24, 2020
The Further Consolidated Appropriations Act, 2020 which became law in December 2019 included employee retention credits related to Hurricanes Florence and Michael. These credits apply to employers that […]
May 22, 2020
Valued Friends and Clients of WebsterRogers, Since the PPP Loan Forgiveness Application was released on Friday, we have spent time going through the calculations. The 11-page […]
May 21, 2020
Late Friday night the SBA and US Department of the Treasury issued the PPP Loan Forgivenss Application. The application contains four parts, three of which are required […]
May 20, 2020
The SBA and US Department of Treasury just released a new FAQ with additional infromation about the good-faith certification of need PPP borrowers must make. Below […]
May 13, 2020
The HHS Provider Relief Fund attestation has been extended to 45 days. The attestation link has been updated to remove the confusing statement regarding “allocation calculation.” CARES Act […]
May 12, 2020
We entered the week hoping for additional guidance on PPP loan forgiveness calculations which, unfortunately, didn’t come. The SBA and US Department of the Treasury did […]