Can You Deduct Tax Preparation Fees?
Join our Raleigh CPAs as they answer one of our asked questions, “When are tax preparation fees deductible?” From business to personal tax deductions, follow along as we uncover factors that affect tax preparation fees, common fee structures, and more.
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.
All You Need to Know About the 2023 Tax Deadline
The tax deadline is April 18, 2023, but do you have all the required documents in order? Read on to determine the documents you or your business needs as well as how to request a tax extension or what to do if you miss the deadline.
Required Minimum Distribution (RMD): Updates & Changes for 2023
Are you in your 70s and not sure how to begin the process of withdrawing from your Required Minimum Distribution accounts? Are you past the age of 72 and worried that you’ve already missed your first RMD withdrawal date? There is no need to panic! The CPAs at Steward Ingram & Cooper PLLC can help.
North Carolina Income Tax Guide
If you live or operate a business in NC it’s important to know all about North Carolina income tax preparation and filing. Our local CPAs have the ultimate guide to what you need to know.
Buying and Selling Stocks — Are Stocks Taxable?
If you are currently active in the stock market whether by your own endeavors or via a retirement plan such as a 401(k), our CPAs are fleshing out when stocks are recorded as taxable income so you can report them as such on your tax return.
TurboTax® vs. a CPA – Why You Should Consider Hiring an Accountant
When it comes to choosing options for tax preparation and filing, you can either do them yourself, use TurboTax® or hire an accountant. Fewer people are choosing to do their […]
How Long Should You Keep Tax Returns and Business Records?
You know it’s important to hang on to your tax returns, receipts, and financial paperwork, but you also know there has to be a point when you can finally clean […]
CARES Act: Key Tax Provisions for Businesses & Individuals
With COVID-19 forcing business closures and massive unemployment, the U.S. government sought to mitigate the negative financial effects as much as possible by passing a stimulus package for individuals, small […]
NC Department of Revenue & IRS Tax Updates due to Coronavirus
The effects of COVID-19 (coronavirus) are widespread. Even those who are healthy are missing work, missing school, and having their lives rearranged. In order to provide relief during this time, […]