The 2026 IRS Business Mileage Rate, Rules, & Deductions
The 2026 IRS business mileage rate increased to 70 to 72.5 cents per mile. Learn how to calculate your mileage deduction, how it affects your record keeping, factors that influence the rate, and when the standard rate may not apply to you.
4 Types of Trusts and Their 6 Core Benefits
From avoiding probate and reducing estate taxes to maintaining privacy and having greater control, learn the main benefits of setting up a trust. Then, explore the 4 types of trusts to learn which is right for your family.
Importance of Keeping 401k Beneficiaries Current
Explore the importance of 401k beneficiary designations, beneficiary rules, tax consideration, and answers to common questions regarding survivors.
The Key Differences Between Bookkeeping and Accounting
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.
What are Digital Assets for Tax Filing Purposes
Learn what digital assets are, including business files, cryptocurrencies, stablecoins, NFTs, and tokenized assets. This guide also explains key IRS reporting rules, tax implications, and recordkeeping considerations.
How to File a Tax Extension
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.
Inherited IRAs: New Tax and Distribution Rules for 2026
Discover the updated inherited IRA tax rules and distribution requirements for 2026 with insights from Steward Ingram & Cooper, PLLC. Learn how withdrawals are taxed with practical examples, navigate the 10-year rule, and explore strategies to minimize your tax burden. Our Raleigh area CPAs are here to guide you through managing your inherited IRA.
A Guide to Restricted Stock Units (RSUs)
Restricted Stock Units (RSUs) are a common form of equity compensation. Learn what RSUs are, how vesting works, and what to expect at tax time.
Average Cost of Tax Preparation by CPA
Join the CPAs at Steward Ingram & Cooper as they share the average tax fees you can expect to pay when you work with a CPA. Here you’ll find a breakdown of fees for individual and business tax preparation services.
How Roth Conversions are Taxed
In this post regarding Roth conversions, our CPAs explain how you can convert a traditional IRA to a Roth IRA and explain the tax benefits, implications on social security, and effects on your Medicare when you do seek out a Roth conversion.