Inherited IRAs: New Tax and Distribution Rules for 2025
Discover the updated inherited IRA tax rules and distribution requirements for 2025 with insights from Steward Ingram & Cooper, PLLC. Learn how withdrawals are taxed with practical examples, navigate the 10-year rule, and explore strategies to minimize your tax burden. Our Raleigh area CPAs are here to guide you through managing your inherited IRA.
Your Guide to Paying Inheritance Tax
To help you better understand how to reduce your tax on inheritance, our inheritance tax consultants are sharing all you need to know when it comes to tax on inheritance.
Taxable vs Non Taxable Income: Your Guide to Reporting on Taxes
From inheritances to employer-provided health insurance and even profits from selling your home, our Raleigh CPAs at Steward Ingram & Cooper PLLC are sharing common types of non taxable income so you can claim all you need to (and nothing you don’t) on your upcoming tax return.
IRS Increases the Standard Mileage Rate for Business Use in 2025
The IRS has announced an increase in the standard mileage rate for business use in 2025 from 3 cents to 70 cents per mile. Learn how this affects you.
What 1099 Form Should You Fill Out?
We’re explaining the 6 types of 1099 forms to help you decide what 1099 form you should fill out based on your occupation.
Tax Tips: Strategies for Credits, Deductions, and More
As tax season approaches, many individuals and business owners seek ways to optimize their tax returns and reduce their liabilities. Understanding the complexities of tax law and leveraging key strategies can make a significant difference when it comes to maximizing deductions. For those in the Raleigh-Durham area of North Carolina, proactive tax planning is essential. […]
The Foundations of Small Business Bookkeeping
Explore the foundations of small business bookkeeping with our comprehensive guide, offering practical tips for entrepreneurs.
Understanding Tax Preparation Fees
Join the CPAs at Steward Ingram & Cooper as they share the average tax fees you can expect to pay when you work with a CPA. Here you’ll find a breakdown of fees for individual and business tax preparation services.
How Long Should You Keep Tax Returns and Business Records?
The general rule for both personal and business purposes is to keep tax returns for 3 years. However as you likely guessed, the period you should keep tax returns depends on your unique situation — especially if your return isn’t straightforward. Learn how long you should keep your return based on several scenarios.
How to File Your Business Taxes
From discussing tax planning and filing strategies to making the process as efficient and manageable as possible, our business accountants are here to offer valuable insights and practical tips that will help you file your business taxes in 4 easy steps.