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SC Department of Revenue Reminds Taxpayers of New Office Location

Columbia, SC (February 8, 2013) — Whether picking up tax forms or meeting with a representative, the Department of Revenue is reminding taxpayers to visit the agency’s Main Office location at 300A Outlet Pointe Boulevard in Columbia. In December 2012, the Department of Revenue’s Main Office in Columbia opened its doors to the public at […]

Tax professionals are asked to encourage electronic filing

Tax On Wheels, LLC received the following message from the South Carolina Department of Revenue and we pass it along for your consideration. Tax Professionals: Encourage Electronic Filing This Tax Season The South Carolina Department of Revenue places the highest priority on safeguarding taxpayer information entrusted to it by all taxpayers. The electronic filing of […]

SC Department of Revenue Announces Program to Securely Process Tax Returns

Security safeguard measure implemented to aid in the prevention of tax fraud Columbia, SC (February 11, 2013) — New for 2013, the SC Department of Revenue (DOR) has implemented a security safeguard measure to help prevent fraud-related individual income tax filings. Through the security program, income tax returns filed in 2013 will be processed by […]

Eight Tax Benefits for Parents

Your children may help you qualify for valuable tax benefits, such as certain credits and deductions. If you are a parent, here are eight benefits you shouldn’t miss when filing taxes this year. 1. Dependents. In most cases, you can claim a child as a dependent even if your child was born anytime in 2012.   For […]

Taxable and Nontaxable Income

Most types of income are taxable, but some are not. Income can include money, property or services that you receive. Here are some examples of income that are usually not taxable: Child support payments; Gifts, bequests and inheritances; Welfare benefits; Damage awards for physical injury or sickness; Cash rebates from a dealer or manufacturer for […]

IRS To Accept Tax Returns with Education Credits, Depreciation Next Week

Its official. WASHINGTON — The Internal Revenue Service announced today that taxpayers will be able to start filing two major tax forms next week covering education credits and depreciation. Starting Sunday, Feb. 10, the IRS will start processing tax returns that contain Form 4562, Depreciation and Amortization. And on Thursday, Feb. 14, the IRS plans […]

IRS to lift delay of certain tax returns

We just received the following flash alert. Effective 9:00 am Eastern time on Sunday, February 10, 2013, the IRS will start processing 2012 returns that contain Form 4562, Depreciation and Amortization. This will include the Form 1040-family tax returns, Form 1065/1065-B, Form 1120-family tax returns and Form 990-family tax returns. On Thursday, February 14, 2013, […]

Horry County Resident Arrested on 12 State Tax Charges

It would appear that the South Carolina Department of Revenue has reconstituted its efforts at arresting those who seem to struggle with following state tax law.   You may recall that the SCDOR was on a bit of a roll locking up tax cheats up until the recent unpleasantness regarding data hacking of private taxpayer information.  […]

SC Department of Revenue Reminds Taxpayers of New Office Location

Columbia, SC (February 8, 2013) — Whether picking up tax forms or meeting with a representative, the Department of Revenue is reminding taxpayers to visit the agency’s Main Office location at 300A Outlet Pointe Boulevard in Columbia. In December 2012, the Department of Revenue’s Main Office in Columbia opened its doors to the public at […]

Missing Your W-2? Here’s What to Do

It’s a good idea to have all your tax documents together before preparing your 2012 tax return. You will need your W-2, Wage and Tax Statement, which employers should send by the end of January. Give it two weeks to arrive by mail. If you have not received your W-2, follow these three steps: 1. Contact […]