Steward Ingram & Cooper Announce New Durham Location

We are excited to announce that, effective January 1st, we have expanded into Durham by joining forces with Minor Anglin & Associates, P.A. Conveniently located between Durham and Chapel Hill, the location’s objective is to provide high-quality service to our clients in the Durham area. We are proud to have Dan Minor, Kim Anglin and […]

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.

4 Advantages to Creating a Trust

Trusts may seem like some vague financial dealing reserved for the extremely wealthy, but that’s actually not the case. Trusts can be a financially advantageous part of your estate planning to ensure your assets and property are divided how you see fit. To help provide clarity on this complex financial matter, our CPAs are sharing […]

Are Receipts Enough to Prove Tax Deductions?

When you are doing your taxes, you probably have a folder of receipts or a digital drive of scanned copies, a log for travel mileage, and other ways to prove your expenses. Most tax payers assume receipts and a log is enough to prove your expenses, but often, the issue is more complicated. To help […]

What Are The Limitations Of An Accounting Audit?

Audits have become a common theme across a wide variety of different business sectors as they allow an independent entity to analyze a company’s accounting and financial records to make sure everything is in order. This allows businesses to improve their financial strategies as well as to make sure they are conforming to the Generally […]

Using The IRS Withholding Calculator to Determine Amount Withheld

Following the biggest set of tax law changes in over 30 years, the IRS continues to remind taxpayers to do a Paycheck Checkup to help make sure they are having the right amount of tax withheld. What Changes Were Made? The Tax Cuts and Jobs Act (TCJA), tax reform legislation enacted in December 2017, changed […]

Why Should I Be Checking My Federal Income Tax Withholdings?

Over the last few weeks, the IRS has been issuing news releases stating that employees should check their withholding…soon. There seems to be a lot of urgency in these notices, don’t you think? While it’s always good to check your withholdings from time to time, the IRS almost seems nervous about 2018 withholdings. Find out why.