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.
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.
Can You Claim a Tax Credit for an Electric Vehicle Purchase?
If you’ve been wondering how the EV tax credit works, our experienced Raleigh CPAs from Steward Ingram & Cooper PLLC are helping North Carolina residents explore the world of electric vehicle tax credits. Join us as we explore answers to your question, “how does the EV tax credit work in NC?”
Marriage Tax Benefits: What You Need to Know
Marriage is an important decision in anyone’s life, but what couples don’t always consider is just how much this can affect their . Surprising as it may be, it is largely untrue that getting hitched will result in higher taxes. There are several marriage tax benefits to consider that may make saying “I do” all […]
How Far Back Can The IRS Audit?
We’re sharing a timeline on how far back the IRS can audit you.
8 Reasons the IRS Will Audit You
If you are being audited by the IRS, here are 8 possible reasons why this could be happening.