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.

Required Minimum Distribution (RMD): Updates & Changes

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.

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 out your file cabinet. Is it safe to go ahead and throw out the tax returns from 2012 or should you keep them for a […]

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 businesses, and corporations. The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed the House of Representatives and the Senate, and was signed into law […]