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.
Are Your Holiday Employee Gifts Tax Deductible?
When are holiday gifts for your employees considered tax-deductible? Our NC CPAs help plan for your holiday employee gift-giving and what types of gifts are tax deductible.
Can You Deduct Tax Preparation Fees?
With April 15th rapidly approaching, you’re probably in the midst of gathering receipts and records, looking for ways to minimize your tax burden, and debating how your taxes will get […]
8 Quick Tips to Save Money Fast
Whether you want to create an emergency fund, start a Roth IRA, or start putting aside a down payment for a house, you need to start saving money. While it […]
Understanding Deductible Expenses After PPP Loan Forgiveness
If you received a forgiven loan as part of the Paycheck Protection Program (PPP), it’s important to understand how this may affect your 2020 taxes, particularly your deductions. The IRS […]
Are Receipts Enough to Prove Tax Deductions?
When you are doing your taxes, you probably have a folder of receipts or a digital drive of scanned copies, a log for travel mileage, and other ways to prove […]
Tax Guide on Home Office Deduction
If you use part of your home for business, you may be able to deduct expenses for a home office. This year, due to the COVID-19 pandemic, many people are […]
Understanding Tax Preparation Fees
With tax time just around the corner, you’re probably about to start getting your paperwork in order, tracking down receipts, and doing everything you can to minimize any tax payout […]
Using The IRS Withholding Calculator to Determine Amount Withheld
Following the biggest set of tax law changes in over 30 years, the IRS continues to remind taxpayers to do a Paycheck Checkup to help make sure they are having […]
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.