Tag Archives: North Carolina CPA

TMTW#291- Happy 4th of July

Tax and Money Tip this Week: Happy 4th of July June 29, 2016 | No. 291 Wishing you and your family a happy and safe 4th of July! Questions or Comments? You can add comments on the blog, call 919-847-2981, or visit our web … Continue reading

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TMTW#290- Navigate Tax Rules for Mortgage Interest

Tax and Money Tip this Week: Navigate Tax Rules for Mortgage Interest June 22, 2016 | No. 290 Click here for the strategy and tip on boat “mortgage interest” from Business Management Daily Questions or Comments? You can add comments on … Continue reading

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TMTW #289- Charitable IRA Distributions

Tax and Money Tip this Week: Charitable IRA Distributions June 15, 2016 | No. 289 As you probably know, a person must take a Required Minimum Distribution (RMD) from their IRA each year once they reach age 70.5.  For many years, there … Continue reading

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TMTW #288- Ramp Up Energy Credits at Home

Tax and Money Tip this Week: Ramp Up Energy Credits at Home June 8, 2016 | No. 288 Get the most out of your energy credits. Read about options in the article below from Business Management Daily. CLICK HERE TO READ … Continue reading

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TMTW #287- NC Senate Passes Tax Cut With Democrats’ Support

Tax and Money Tip this Week: NC Senate Passes Tax Cut With Democrats’ Support June 1, 2016 | No. 287 Raising the standard deduction…read all about it here in the article from The News & Observer  Questions or Comments? You can … Continue reading

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TMTW #286- Path Act Part 3- Five Things to Know About Substantiating Donation

Tax and Money Tip this Week: Path Act Part 3- Five Things to Know About Substantiating Donations May 25, 2016 | No. 286 There are virtually countless charitable organizations to which you might donate. You may choose to give cash or … Continue reading

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TMTW #284- Series on New Tax Law-Path Act Part 1

Tax and Money Tip this Week: Series on New Tax Law- Path Act Part 1 May 11, 2016 | No. 284 Like many taxpayers, you may have been expecting to encounter a few roadblocks while traversing your preferred tax-savings avenues. If so, tax … Continue reading

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TMTW #282- Inheriting an IRA: Not Dividing the IRA Among Heirs

Tax and Money Tip this Week: Inheriting an IRA: Not Diving the IRA Among Heirs April 27, 2016 | No. 282 Be sure to advise your beneficiaries to split the IRA, especially if they have a wide age difference. If the … Continue reading

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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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