More tax law changes were made for 2019. Changes for returns at the federal level include modifications on limits for retirement account and Health Savings Accounts (HSAs). In 2019, the IRA allowed you to put away more money in various types of retirement accounts. Contributions that you made last year for these accounts could be […]
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DON’T RUSH
Don’t rush to meet your tax deadlines! Begin preparing now. As we start the new year, the time for filing your personal taxes is four months away. You may also need to be ready if you own a business and if you need to file both returns. It is not too early to start working […]
TAX LAW CHANGES
The new year brings new tax law changes. Both the North Carolina state regulations and federal tax changes can affect your taxes and how you do business and allocate your funds as an individual. We present results of some of this new legislation here. Let’s begin with North Carolina. Senate Bill 557 addresses several tax […]
HOLIDAY RUSH
We are now in the holiday rush time of the year. With just over two weeks until Christmas, many of us are scurrying around. We are getting gifts and planning parties with family and friends. December is also a favorable time to reflect back on the year. Now is a time to review what we […]
