Cheryl L. Borum, CPA, PA

Cheryl L. Borum, CPA, PA This is the page for Cheryl L. Borum, CPA, PA.

01/11/2025

Best tax deduction allowed is contributing to a retirement account. This allows you to keep your money by saving for your future retirement needs.

01/11/2025

2025 business standard mileage rate is $.70 per mile.

01/11/2025

If you register a business at SC Secretary of State's office, you must file a beneficial owner report at fincen.gov within 30 days.

11/15/2022

SCDOR is issuing rebates and expects them to be received by the end of the year. This is for individual tax filing only. The rebate is capped at $800. This means that if your 2021 SC income tax after credits was $800 or more, your refund will be $800. If your 2021 SC income tax after credits was less than $800, your refund will be the smaller amount of tax liability minus credits.

The amount is found on your 2021 SC1040, page 3, line 15.

07/10/2022

Business mileage rate starting 7/1/2022 is .625.

01/29/2022

Businesses get 100% meals tax deduction for 2021 and 2022.

01/29/2022

If you do not itemize, there is still a charity deduction. Up to 300 deduction for cash/check to charity for singles & up to 600 for married filing joint. Household items to Goodwill not included in this deduction.

01/28/2022

Business standard mileage rate for 2022 is 0.585 per mile.

01/21/2021

Standard mileage rate in 2021 for business driving drops to 0.56.

01/21/2021

Businesses will get 100% deduction for meals in 2021 and 2022 to encourage restaurant dining.

Address

862 South Pleasantburg Drive Ste E
Greenville, SC
29607

Opening Hours

Monday 9am - 3pm
Tuesday 9am - 3pm
Wednesday 9am - 3pm
Thursday 9am - 3pm

Website

Alerts

Be the first to know and let us send you an email when Cheryl L. Borum, CPA, PA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Cheryl L. Borum, CPA, PA:

Shortcuts

Share