FAQ

Frequently Asked Questions

Everything you need to know before getting started with Elite Pro-Tax & Financial Services

Why should I choose a local Greenville tax preparer instead of a national chain?

Local tax preparers like Elite Pro-Tax offer personalized service, direct access to your preparer (not a rotating staff), knowledge of South Carolina-specific tax laws, year-round availability, and lower overhead costs passed on as savings to you. National chains often use seasonal workers with minimal training. Our clients trust us year after year — see our 93+ Google reviews.

What areas does Elite Pro-Tax serve in the Greenville area?

We serve clients throughout the Upstate South Carolina region including Greenville, Simpsonville, Mauldin, Greer, Taylors, Travelers Rest, Fountain Inn, Easley, Piedmont, and surrounding areas. We also serve clients nationwide through virtual appointments. Visit our office or schedule a virtual meeting. Learn more about us.

Does Elite Pro-Tax offer virtual or remote tax preparation?

Yes! We offer fully virtual tax preparation services — upload documents securely through our client portal (TaxDome), review and approve your return via video call, and e-sign from anywhere. This is perfect for busy professionals, out-of-state clients, and anyone who prefers remote service. Schedule a virtual appointment.

What South Carolina-specific tax deductions and credits should I know about?

SC-specific tax benefits include: retirement income deduction (up to $10,000), two-wage earner credit, tuition tax credit, SC Earned Income Tax Credit, property tax exemptions for homeowners 65+, and various business incentives for job creation. Our Greenville tax preparation team ensures you claim every state-specific benefit. Learn more about maximizing deductions.

How do property taxes work in Greenville County, SC?

Greenville County assesses property at: 4% of fair market value for owner-occupied homes, 6% for other real property. The millage rate varies by municipality and school district. Homeowners can claim a homestead exemption. Property taxes are deductible on your federal return (up to $10,000 SALT cap). Our tax preparation services ensure proper deduction of property taxes. Contact us with questions.

What tax considerations do Greenville rental property owners need to know?

Rental property owners must report rental income and can deduct: mortgage interest, property taxes, insurance, repairs, depreciation (27.5-year schedule), property management fees, HOA fees, and travel to properties. Passive activity loss rules may limit deductions. Our tax preparation and tax planning services help rental property owners maximize returns and minimize taxes.

What are the tax implications of the growing Greenville real estate market?

Greenville's booming real estate market creates tax opportunities: (1) Capital gains exclusion ($250K single/$500K married) on primary residence sales, (2) 1031 exchanges for investment property, (3) Opportunity zone investments in designated Greenville areas, (4) Cost segregation for commercial properties. Our tax planning team helps real estate investors navigate these strategies. Schedule a consultation.

Do I need to file a Greenville city business license?

Yes — all businesses operating in the City of Greenville must obtain a business license, renewed annually. The fee is based on gross income. Greenville County also has licensing requirements. Operating without a license can result in fines. Our business formation services include guidance on all local licensing requirements. Contact us before launching your business.

What industries are booming in Greenville and how does Elite Pro-Tax support them?

Greenville is thriving in manufacturing, healthcare, tech startups, restaurants/hospitality, real estate, and professional services. Each industry has unique tax considerations — manufacturer R&D credits, healthcare compliance, startup deductions, restaurant tip reporting, real estate depreciation. Our tax preparation and tax planning services are tailored to each industry. Learn about all our services.

How does Elite Pro-Tax help gig economy workers and side hustlers in Greenville?

Gig workers (Uber, DoorDash, Instacart, freelancers) have unique tax needs: tracking business mileage, deducting phone/equipment, managing quarterly estimated payments, and reporting all platform income. Many miss thousands in deductions. Our tax preparation services specialize in gig economy returns and ensure you deduct everything legally. Read our self-employment deductions guide.

Important Tax Deadlines to Remember

Staying on top of key tax deadlines is essential to avoid penalties, interest, and unnecessary stress. Below are the most important filing dates to keep in mind throughout the year.

March 15

Deadline to file partnership and S corporation tax returns or request an extension.

April 15

Deadline to file personal, C corporation, and calendar year estate or trust tax returns or request an extension.

* Returns must be submitted or postmarked by this date. If you owe taxes, payment is still required by April 15 to avoid penalties and interest, even if an extension is filed.

May 15

Deadline to file tax exempt organization returns or request an extension.

September 15

Final deadline to file partnership and S corporation tax returns if an extension was filed.

Late filing penalties may apply for each month the return is past due.

October 15

Final deadline to file personal and C corporation tax returns if an extension was filed.

November 15

Final deadline to file tax exempt organization returns if an extension was filed.

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