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.

The Employee Retention Credit Explained by a CPA

As a small business owner, taking advantage of tax credits that help your business are crucial. In this article, our CPAs are sharing key deadlines and guiding you through the application process of receiving the employee retention credit.

Important Tax Deadlines to Remember

Bookmark this article so you can reference this year’s main tax deadline as well as other important tax deadlines. From non-profits to individuals, & corporations, there are 9 tax deadlines to be aware of, and they extend into October!

IRS Increases 401(k) Limits

The increase to 401(k) limits has been made to allow employees to save more pre-tax dollars into retirement accounts. Join our Raleigh and Durham CPAs as they provide numerical figures for limits to retirement plan contributions in 2024.

Your Guide to Recording Digital Assets as Taxable Income

At Steward Ingram & Cooper PLLC, a trusted Raleigh-based CPA firm, our tax prep and tax planning professionals recognize the importance of understanding the tax implications of digital assets. Join us as we navigate the complex tax landscape of digital assets so you remain compliant. 

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?”