News Articles

DHW Celebrates 35 Years

DHW Celebrates 35 Years

Davidson, Holland, Whitesell & Co., PLLC (“DHW”), a leading provider of accounting, tax, and strategic advisory services, is proud to celebrate its 35th anniversary in business this year.  Since its founding in 1990, the firm has remained committed to delivering...

Are you looking to review or enhance your small business tax strategy?

Are you looking to review or enhance your small business tax strategy?

You’re in luck. DHW Principal, Tim Reynolds, and Tax Manager, Matt McKinney, recently presented a webinar for the Small Business Center Network at the North Carolina Community College System. The hour-long webinar discussed a basic overview of common questions many...

PPP Income Tax Changes

PPP Income Tax Changes

The North Carolina Department of Revenue has announced that expenses that were funded with forgiven PPP loans are now deductible. This means that all recipients, both corporate and individual, that paid income tax on the loan in tax year 2020 are able to file an...

PPP Loan Deadline Extended Through May 31

PPP Loan Deadline Extended Through May 31

The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, 2021, extending the deadline to apply for a loan by an extra 60 days, from March 31 to May 31, 2021. The law also gives the Small Business Administration (SBA) an additional 30 days...

Q & A: The $10,200 Unemployment Tax Break

Q & A: The $10,200 Unemployment Tax Break

Generally, unemployment compensation received under the unemployment compensation laws of the United States or a state is considered taxable income and must be reported on your federal tax return. However, a new tax break - in effect only for the 2020 tax year - lets...