Author Archives: CPA Charleston

Jarrard, Nowell & Russell adds two to Charleston office

Charleston, S.C. — Jarrard, Nowell & Russell, LLC, a Charleston-based accounting and business advisory firm, has added two to its downtown Charleston location. Chase M. Berry comes onboard as staff accountant, and Travis Levan joins the team as bookkeeper.

 

As staff accountant, Berry will fulfill a variety of duties, ranging from general bookkeeping to tax return preparation. He holds both a master’s and bachelor’s degree in accounting from the College of Charleston and is a member of the American Institute of CPAs (AICPA). Berry currently resides in W. Ashley.

 

 

 

 

In his role as bookkeeper, Travis Levan will provide bookkeeping services and assist with quarterly payroll and tax returns. Prior to joining Jarrard, Nowell & Russell, Levan served as an accountant and builder with Charleston Dock and Wall and prior to that as an accounts payable specialist at Carter Lumber. A native of Tallmadge, Ohio, Levan earned a bachelor’s degree in accounting from Walsh University in Norton Canton, Ohio. He currently lives on James Island.

 

 

Jarrard, Nowell & Russell, LLC, is a certified public accounting and business advisory firm based in Charleston, S.C., utilizing significant experience in corporate financial management and public accounting. From offices in downtown Charleston, Summerville, North Charleston and Moncks Corner, the firm serves clients in the Lowcountry and throughout South Carolina, including Columbia and the Midlands. Drawing on extensive, executive-level financial management experience with international Fortune 500 corporations, the firm counsels business and individual clients with a comprehensive and strategic approach, placing emphasis on long-range financial goals and business planning. They are a member of the BDO Alliance USA, among the industry’s largest associations of accounting, consulting, and professional service firms. For more information, visit www.jnrcpas.com

WHAT TO EXPECT FROM THE IRS AS THE GOVERNMENT SHUTDOWN CONTINUES

January 2019

Summary
Due to the lapse in appropriations that began midnight December 22, 2018, the federal government is in its third week of a partial shutdown, which includes much of the Internal Revenue Service (IRS). Indeed, although the IRS is working with a skeleton staff of excepted employees, most employees are not working during the shutdown. While we expect the IRS to be handling some matters and investigations, there are many more visible functions that are generally suspended during the closure.

Details
Telephone service. IRS customer service and Practitioner Services lines are not operating during the shutdown; any inquiries or follow up by telephone must wait until the IRS reopens. While taxpayers may write in to the IRS, it is likely a response will not be received until after the IRS has reopened and is fully staffed.

Exam and appeals. IRS exam and appeals staff appear to be furloughed during the shutdown. For those taxpayers with active examinations or appeals, while communication can be made in writing, it is likely that most exam and appeals staff will not be reachable until after the closure.

Return and remittance processing. First, taxpayers should keep in mind that due dates have not changed as a result of the shutdown. While taxpayers are free to send in paper returns with paper checks, it appears the IRS is not processing the mail at this time. Returns cannot be e-filed until the annual tax filing season officially reopens, which is scheduled for January 28, 2019. Electronic payments, however, do appear to be operating. It has been reported that the IRS will provide refunds; however, this does contradict earlier reports that suggested refunds would cease while the IRS is closed. Finally, as is always the case this time of year, the IRS is going through one of its “dead cycles,” during which the posting of some account transactions will be delayed.

Businesses must learn the new tax law or pay the price in 2019. News article from The Post and Courier

Very informative article from The Post and Courier about the new tax law and how it could affect your business. If you need any help tax planning or have questions about the new tax law and your business we are just a phone call away.

https://www.postandcourier.com/business/businesses-must-learn-new-tax-law-or-pay-the-price/article_a7984f76-edb3-11e8-959c-8bda667b3c64.html

Jarrard, Nowell & Russell LLC Adds Two New Members

Charleston, S.C. — Jarrard, Nowell & Russell, LLC, a Charleston-based accounting and business advisory firm, has added Alex Rosenbaum as accountant and Sheryl L. Gooch as office manager.

Working out of the firm’s downtown office, Rosenbaum will prepare corporate, estate, partnership, and individual tax returns, and bookkeeping. He first started at Jarrard, Nowell & Russell as a staff assistant. Prior to joining the firm, he worked as a staff assistant for Dixon Hughes and Goodman, and before that as a staff assistant for Thomas and Thomas CPAs in Mt. Pleasant. Rosenbaum is a 2016 graduate of the Citadel, where he earned a bachelor’s degree in business administration with a concentration in accounting. He currently resides in West Ashley.

 

In her new role, Gooch will manage Jarrard, Nowell & Russell’s North Charleston office. Prior to joining the firm in June, Gooch worked there as a contract employee via staffing agency Robert Half Associates. She previously spent some time in 2017 as a contract staff member at the Moncks Corner location. Gooch and her husband currently reside in Moncks Corner, where she is an active volunteer with the Ducks Unlimited Berkeley Chapter.

 

 

Jarrard, Nowell & Russell, LLC, is a certified public accounting and business advisory firm based in Charleston, S.C., utilizing significant experience in corporate financial management and public accounting. From offices in Charleston, Summerville, North Charleston and Moncks Corner, the firm serves clients in the Lowcountry and throughout South Carolina, including Columbia and the Midlands. Drawing on extensive, executive-level financial management experience with international Fortune 500 corporations, the firm counsels business and individual clients with a comprehensive and strategic approach, placing emphasis on long-range financial goals and business planning. They are a member of the BDO Alliance USA, among the industry’s largest associations of accounting, consulting, and professional service firms. For more information, visit www.jnrcpas.com.

 

 

Jarrard, Nowell & Russell LLC Promotes Jay Gibson and Aaron Gaspar

Charleston, S.C. — Jarrard, Nowell & Russell, LLC, a Charleston-based accounting and business advisory firm, has promoted both Jay Gibson and Aaron Gaspar to senior accountants.

 Gibson, who has been with the firm since January of 2014, prepares business, tax exempt, fiduciary, sales, and personal tax returns in addition to providing bookkeeping, payroll, and audit and attest services. Gibson is a native of Macon, Georgia, and holds a bachelor’s degree in accounting from Middle Georgia State College. He currently resides on James Island.

 

 

 

Gaspar, who joined the firm as a staff accountant in September of 2014, earned his master’s degree in accountancy from Purdue University Calumet and his bachelor’s degree in management from Purdue University. In his role as senior accountant, he prepares personal, corporate, and non-profit income tax returns, as well as sales and payroll tax returns. He also provides financial analysis and bookkeeping services. Originally from Hammond, Ind., he now lives on James Island.

 

 

Jarrard, Nowell & Russell, LLC, is a certified public accounting and business advisory firm based in Charleston, S.C., utilizing significant experience in corporate financial management and public accounting. From offices in Charleston, Summerville, North Charleston and Moncks Corner, the firm serves clients in the Lowcountry and throughout South Carolina, including Columbia and the Midlands. Drawing on extensive, executive-level financial management experience with international Fortune 500 corporations, the firm counsels business and individual clients with a comprehensive and strategic approach, placing emphasis on long-range financial goals and business planning. They are a member of the BDO Alliance USA, among the industry’s largest associations of accounting, consulting, and professional service firms. For more information, visit www.jnrcpas.com.

 

Will Russell to speak at the Charleston Regional Business Journal Workshop

Will Russell will be a speaker for the CRBJ workshop on March 6, 2018 from 3 to 5 p.m. to discuss Cash Management and Working Capital: Making your Business Flow.  Please see below for more information and to register.

http://crbjbizwire.com/cash-management-and-working-capital-making-your-business-flow-2/

 

 

Chris Nowell interviewed by News 2 on Gas Tax Rebate Program

Charleston, SC – Chris Nowell,  of Jarrard, Nowell & Russell LLC, a Charleston based certified public accounting and business advisory firm, was interviewed  by The Investigators of New 2.  Below is a link to the article.

Is the gas tax rebate program worth your time?

Will Russell interviewed by News 2 on tax fraud tips

Charleston, SC – Will Russell of Jarrard, Nowell & Russell, LLC, a Charleston-based certified public accounting and business advisory firm, was interviewed by The Investigators of News 2. Below is a link to the video.

CONSUMER ALERT: You’ll soon know if you’re a victim of tax fraud

Jarrard, Nowell & Russell adds new bookkeeper

Justine Lovell joins Jarrard, Nowell & Russell as bookkeeper

Charleston, S.C. — Jarrard, Nowell & Russell, LLC (JNR), a Charleston-based accounting and business advisory firm, has added Justine Lovell as bookkeeper and accounts manager at the firm’s North Charleston office.
Lovell previously served as bookkeeper for Donald R. Stephens, CPA, and prior to that as account manager for Strategic Risk Solutions in Charleston, S.C. She holds a bachelor’s degree in accounting and finance from the University of Southern Indiana. Lovell currently resides in Moncks Corner with her husband and two children.
Jarrard, Nowell & Russell, LLC, is a certified public accounting and business advisory firm based in Charleston, S.C., utilizing significant experience in corporate financial management and public accounting. From offices in Charleston, Summerville, North Charleston and Moncks Corner, the firm serves clients in the Lowcountry and throughout South Carolina, including Columbia and the Midlands. Drawing on extensive, executive-level financial management experience with international Fortune 500 corporations, the firm counsels business and individual clients with a comprehensive and strategic approach, placing emphasis on long-range financial goals and business planning. For more information, visit www.jnrcpas.com.

Jarrard, Nowell & Russell adds staff accountant

Robin Bellin 4x5x300-1290649Charleston, S.C. — Jarrard, Nowell & Russell, LLC (JNR), a Charleston-based accounting and business advisory firm, has named Robin Bellin staff accountant at the firm’s North Charleston office.
Bellin, who holds an associate degree in accounting from Trident Technical College, brings over 20 years of experience to the firm. She previously worked as an accountant for Don Stephens. A native of Joppatowne, Maryland, Bellin currently resides in Cross, S.C., with her husband.
Jarrard, Nowell & Russell, LLC, is a certified public accounting and business advisory firm based in Charleston, S.C., utilizing significant experience in corporate financial management and public accounting. From offices in Charleston, Summerville and Moncks Corner, the firm serves clients in the Lowcountry and throughout South Carolina, including Columbia and the Midlands. Drawing on extensive, executive-level financial management experience with international Fortune 500 corporations, the firm counsels business and individual clients with a comprehensive and strategic approach, placing emphasis on long-range financial goals and business planning. For more information, visit www.jnrcpas.com.