The Effect Roth Conversions Have on Taxes, Medicare & Social Security
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.
Benefits and Downfalls of Restricted Stock Units–Everything You Need to Know About RSUs
If you work for a company that offers Restricted Stock Units (RSUs) to its employees, join us as we outline how they work in 4 different scenarios – from long-term and short-term capital gain circumstances, to tax break situations.
All You Need to Know About Student Loan Interest Deduction
The last three years have been full of unprecedented events, one being the pause on federal student loan payments, which, after 43 months, has come to an end. Join our CPAs as we discuss 10 ways to claim a student loan interest deduction.
Standard vs Itemized Tax Deduction in North Carolina: Which Yields the Biggest Return
At Steward, Ingram, & Cooper, PLLC, our tax deduction professionals understand the complexities of an itemized vs standard tax deduction. That’s why we are sharing our comparison of standard vs itemized deductions, exploring which approach can yield the biggest return for North Carolina residents.
A Step by Step Guide to Reducing Taxable Income
Our team of experienced professionals have extensive tax planning strategies that can optimize your small business’ financial health. Whether you’re a small business owner, an individual seeking personalized tax advice, or need assistance with advanced tax planning, we have the knowledge to guide you towards optimal financial outcomes.
Revocable vs Irrevocable Trust: What Type of Trust Should You Consider?
When you are contemplating creating a trust but you don’t know what type is best, our Raleigh CPA firm is here to help. In the article, our accountants are sharing the key differences between a revocable trust and an irrevocable trust so you can add your assets to the one that makes the most sense for your needs.
Financial Statement Audit: Types, Stages, and Preparing for a Successful Audit
In this article, our Raleigh CPA firm answers “What is a financial statement audit,” and outlines the types and stages of an audit so you can successfully navigate a small business financial audit.
Top 5 Tips for Financial Planning in a Divorce
When it comes to financial planning during a divorce, working with a trusted accountant who can guide you through the process of having all your documents changed makes for a sound financial future. Learn what tip our accountants have to share in order to make this time that little bit easier.
How to File Business Taxes: Tax Planning and Filing Strategies
From discussing tax planning and filing strategies to making the process as efficient and manageable as possible, our small business accountants want to help you understand tax laws and organize your finances. Whether you’re a seasoned entrepreneur or just starting out, we hope to provide you with valuable insights and practical tips to help you navigate the complex world of business taxes.
Your Guide to Setting up a Qualified Retirement Plan
In this article, our Raleigh CPA Firm is answering, “What is a qualified retirement plan,” and addressing FAQs regarding retirement plans. Before setting up a retirement plan for your business, start here. You’ll get tax-compliant guidance that will serve your business wonders.