On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19). The CARES Act is the third round of federal government aid related to COVID-19. We have summarized the top provisions in the new legislation below, with…

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The IRS is moving its national income tax filing day ahead to July 15, three months after the normal deadline for Americans to send in their returns, Treasury Secretary Steven Mnuchin announced Friday. The move is the latest in a series of emergency measures to deal with the financial fallout of the coronavirus pandemic. “At @realDonaldTrump’s…

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Charleston, S.C. — Jarrard, Nowell & Russell, LLC, a Charleston-based accounting and business advisory firm, has added Stephen Eller as staff accountant to its downtown Charleston location.   As staff accountant, Eller will handle a variety of financial procedures, including general ledger entries, bank reconciliations, and tax return preparation.  Prior to joining Jarrard, Nowell & Russell,…

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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…

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