Category Archives: Tax and Money Tip of the Week

TMTW# 280- Thank You Clients! Another Successful Tax Season

Tax and Money Tip this Week: Thank You Clients! Another Successful Tax Season April 13, 2016 | No. 280 The Week After Tax Season Aaah…..the week after tax season is the best week in a CPA’s life each year! We met a … Continue reading

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TMTW# 279- Inheriting an IRA: Failing to Take Required Distributions

Tax and Money Tip this Week: Inheriting an IRA:Failing to Take Required Distributions April 6, 2016 | No. 279 Owners of traditional IRAs must start taking required minimum distributions when they turn 70 1/2. Nonspouse beneficiaries of any age who want … Continue reading

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TMTW#278- Reap Tax Breaks on Securities Sales

Tax and Money Tip this Week: Reap Tax Breaks on Securities Sales   March 30, 2016 | No. 278 Click here to read the article by Business Management Daily Questions or Comments? You can add comments on the blog, call 919-847-2981, or visit … Continue reading

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TMTW # 277- It is “OK” to File for an Extension

Tax and Money Tip this Week: It is “Ok” to File for an Extension  March 23, 2016 | No. 277 Please take notice of our office closing date. Our office will be closing at 6:00pm on Friday, April 15th and will … Continue reading

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TMTW # 275- Pay Tax Sooner on Installment Sale?

Tax and Money Tip this Week: Pay Tax Sooner on Installment Sale?  March 9, 2016 | No. 275 Click here to read a great article published in the ‘Business Management Daily’ Questions or Comments? You can add comments on the blog, call … Continue reading

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TMTW #274- The IRS Will Rob Your Heirs…Unless You Do This…

Tax and Money Tip this Week: The IRS Will Rob Your Heirs…Unless You Do This… March 2, 2016 | No. 274 Click here to read a great article published in the ‘Bottom Line” Questions or Comments? You can add comments on … Continue reading

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TMTW # 273- Don’t Wait on Your 1099 or K-1

Tax and Money Tip this Week: Don’t Wait on Your 1099 or K-1 February 24, 2016 | No. 273 In our CPA practice, we find that many clients want to hold all of their tax information until they have received that final Form … Continue reading

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TMTW #272- Tax Deadline Coming UP- Don’t File Late

Tax and Money Tip this Week: Tax Deadline Coming Up- Don’t File Late! February 17, 2016 | No. 272 It is never a good idea to file a tax return late.  The IRS and the State of North Carolina will assess … Continue reading

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TMTW # 271- Push to Restore Medical Expense Deduction Succeeds

Tax and Money Tip this Week: Push to Restore Medical Expense Deduction Succeeds February 10, 2016 | No. 271 Article from Lumina News on restoring medical deductions for 2015 Click Here to read the article Questions or Comments? You can add … Continue reading

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