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.
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.
How to File a Tax Extension
If you can’t make the April 15th tax deadline, you can request a tax extension which gives you until October 15th to file your taxes. Our CPAs will guide you through the process of requesting a tax extension as well as the pros and cons of requesting an extension versus failing to pay the IRS money you owe from your tax return.
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.
Will the Existing Income Tax Code Ever Be Replaced with a Flat Tax?
Every so often, an article or speech will make the rounds about how it would benefit all Americans to replace the current income tax structure with a flat tax. Our CPA firm is exploring what the flat tax is, its advantages and disadvantages over the existing code, and whether we believe a flat tax will […]
Sign Your E-File Authorization Form
When completing a manual or paper tax return, you know how important it is to sign and date the document before mailing it in in order to make it legally binding. What about electronic filing – is signing still important? Our CPAs are breaking down why you need to sign your e-file authorization form and […]
Tax Planning for Beginners: What You Need to Know
We are sharing some simple steps you can take to plan your finances in a way that will minimize your tax burden and leverage tax breaks.
Should Couples Choose Married Filing Separately or Jointly?
What’s the difference between married filing separately and married filing jointly, and which should you choose? We’re breaking down the difference.
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.