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.
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 may sound overwhelming, seeing some quick results makes it easier to stick to your goal. To help you get started, our CPA firm is sharing […]
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 your expenses. Most tax payers assume receipts and a log is enough to prove your expenses, but often, the issue is more complicated. To help […]
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 the right amount of tax withheld. What Changes Were Made? The Tax Cuts and Jobs Act (TCJA), tax reform legislation enacted in December 2017, changed […]