Get tips and advice about bookkeeping, taxes, and charitable donations from our Raleigh CPA firm.
equesting a federal tax extension may be a helpful step if you need more time to gather records or handle a complex financial situation. This process can help you move your filing deadline to October, though it is useful to remember that any taxes owed should still be estimated and paid by the original April due date to potentially minimize interest and penalties.
From inheritances to employer-provided health insurance and even profits from selling your home, our Raleigh CPAs at Steward Ingram & Cooper PLLC are sharing common types of non taxable income so you can claim all you need to (and nothing you don’t) on your upcoming tax return.
One of the key differences in bookkeeping vs accounting is the shift from record-keeping to financial analysis. Learn the key principles that dictate when you should be using bookkeeping vs accounting for your records.
