Watch Out for ‘Ghost’ Tax Return Preparers!
Unfortunately, the list of tax scams one must be wary of during tax season is fairly lengthy. And, though you should watch out for all the scams on that list, there’s one that is particularly prominent and sneaky, and has subsequently victimized many: ghost tax return preparers. Whether you’ve already finished your taxes this year […]
How to Identify and Prevent A Phishing Attack During Tax Season
Each year, the IRS releases its’ “Dirty Dozen,” which is a list of the top 12 tax scams to watch out for. And, this year, the scheme that made the top of the list is certainly one that has fooled many: phishing attacks.
How to Protect Yourself from Tax Scams this Tax Season
Each year, while in the midst of tax season, taxpayers in North Carolina are warned to be wary of criminals posing as tax agents that carry out different scams. However, with every tax season comes increasingly sophisticated tax schemes, resulting in more and more reports of tax scams each year. In fact, according to a […]
6 Reasons Small Business Owners Need to Hire a CPA this Tax Season
Each year, millions of taxpayers around the country take it upon themselves to navigate through the complexities of tax preparation. However, attempting to prepare one’s taxes without assistance is very similar to attempting to perform surgery on oneself without proper training. This does not apply as much to individuals with simple income tax returns and […]
Beware Criminals Posing as the IRS
Scammers posing as the IRS are making threatening phone calls and using email scams to scare taxpayers. Learn how you can tell the difference between a scam and something legit.
Being Realistic About Your Retirement Age
Building a formal retirement plan around a certain age may cause you to make drastic changes if something goes wrong. Learn how to plan for the unexpected.
Choosing a Successor for Your Family Business
If your retirement is approaching, it’s time to consider who you may choose as a successor. It can be a daunting decision because of the amount of trust that you are placing in the person you choose. If you run a family business, it is important to separate your opinions as a family member from […]
4 Steps to Improve Profitability
For a company, stagnant or declining profits are obvious indicators that trouble is on the horizon, but even if profits are rising, there is always room for improvement. Here are a few steps you can take to get on the road to improved profitability.
North Carolina Annual Reports Change
Effective January 1, 2018, North Carolina annual reports must be filed directly with the Secretary of State. Prior to 2018, North Carolina corporate annual reports could be attached to the income tax return. Payment of the annual report fee now has to be sent to the NC Secretary of State rather than the NC Department of Revenue.
401(k) Planning Increased Limits in 2018
There have been some changes to the retirement plan contribution limits for 2018. These changes allow for higher contributions and we encourage you to take advantage.