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.
A Step by Step Guide to Reducing Taxable Income
Our team of experienced professionals have extensive tax planning strategies that can optimize your small business’ financial health. Whether you’re a small business owner, an individual seeking personalized tax advice, or need assistance with advanced tax planning, we have the knowledge to guide you towards optimal financial outcomes.
Financial Statement Audit: Types, Stages, and Preparing for a Successful Audit
In this article, our Raleigh CPA firm answers “What is a financial statement audit,” and outlines the types and stages of an audit so you can successfully navigate a small business financial audit.
Top 5 Tips for Financial Planning in a Divorce
When it comes to financial planning during a divorce, working with a trusted accountant who can guide you through the process of having all your documents changed makes for a sound financial future. Learn what tip our accountants have to share in order to make this time that little bit easier.
Your Guide to Setting up a Qualified Retirement Plan
In this article, our Raleigh CPA Firm is answering, “What is a qualified retirement plan,” and addressing FAQs regarding retirement plans. Before setting up a retirement plan for your business, start here. You’ll get tax-compliant guidance that will serve your business wonders.
What is Form 990 for Nonprofits? A Guide to Filing Requirements
What is Form 990? It’s used by nonprofits to report their financial information & verify their tax-exempt status. In this article, our CPA firm reveals the due date of Form 990 and will help you determine which version of Form 990 you need to file.
Required Minimum Distribution (RMD): Updates & Changes
Are you in your 70s and not sure how to begin the process of withdrawing from your Required Minimum Distribution accounts? Are you past the age of 72 and worried that you’ve already missed your first RMD withdrawal date? There is no need to panic! The CPAs at Steward Ingram & Cooper PLLC can help.
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 […]
What is a General Ledger and Why Do You Need One?
Keeping careful track of all of the financial transactions associated with your business is vital for a healthy organization. As a business owner, though, you may find yourself overwhelmed by the sheer number of accounts, credits, debits, income, and more that you hear about all day long. A general ledger is the place to start […]
How to Report Self-Employment Income Without a 1099
Make sure your taxes are accurate and learn how to report self-employment income, even if you didn’t receive a 1099 for your work.