Four common tax errors that cost business owners
It’s a new year and the perfect time to get your financial house in order. Business owners have so much on their plates, that staying organized throughout the year is the best way to make sure nothing important falls through the cracks when it comes time to pay taxes. Accidentally failing to comply with tax […]
Mark your calendars for these key tax deadlines
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. October […]
Tax reform can impact quarterly tax payments
Some taxpayers were surprised that their tax refunds this year were not as high as in years past because they had not adjusted their withholdings in response to the Tax Cuts and Jobs Act. The sweeping tax reform law that was passed at the end of 2017 should also prompt those who pay estimated quarterly […]
IRS gives more disaster victims time to make tax payments
Disaster victims in parts of North Carolina and South Carolina will have more time to make some tax payments in the wake of Hurricane Florence. Much of coastal North Carolina and South Carolina are still recovering from massive flooding after Hurricane Florence made landfall on Sept. 14. As a result, the IRS has announced that […]
Hurricane Florence victims in N.C. given more time to file taxes
In the aftermath of Hurricane Florence, the IRS has extended tax filing deadlines for those individuals and businesses in certain parts of North Carolina. Much of coastal North Carolina is suffering from flooding in the aftermath of the storm that made landfall on Sept. 14. Many roads remain underwater or blocked by downed trees. The […]