October is right around the corner. So is the October 15th extension deadline. And so is the fourth quarter for your business. As we approach Q4, be mindful of the usual year-end accounting needs and reporting requirements that will be popping up. We’ll keep you informed of changes coming, but please do reach out proactively… Read More
Happy Earth Day. The day we celebrate this little blue marble we all enjoy living on. I found this fascinating as I was reading about it this morning — there are so many elements that make up the scenario of a thriving Planet Earth. Less threats because we’re in the sticks of the Milky Way.… Read More
The 2024 federal tax season has reached its end… well, unless you joined the other 19 million taxpayers and filed for an extension. That’s something we anticipate every year here at Century Accounting and Tax Services, Inc.. And we’ll be working away the next few months on the extensions we filed for our clients… albeit after a… Read More
I’ve had plenty of clients over the years come to me in a terrible position with their taxes because they trusted the wrong person’s advice or fell prey to a scam… or both. In fact, the third most commonly reported fraud is tax refund fraud, and every year millions of suspicious tax season activities are reported. The… Read More
Lots going on this week. Namely… The tax filing deadline is Monday, April 15th. For any of our Coastal Southeastern NC business clients who haven’t yet reached out to us, we can still take you on by filing an extension on your behalf and then managing the filing after. But, remember, you still have to pay… Read More
Well, the U.S. government has decided it can go on spending money – 1.2 trillion dollars to be exact. That means the departments of State, Defense, Labor, Health and Human Services, and Homeland Security are funded, through next September anyway. So the shutdown standoff has ended, for now. “Tax season” is also nearing its end. But… Read More
Double-checking is a motto we live by here at Century Accounting and Tax Services, Inc.. It’s just good sense when you’re dealing with complicated tax code and people’s returns. No one situation is quite the same with our clients. And you can be sure we’re giving your tax filing a couple of different checks before… Read More
Remember that frantic scramble to file your taxes on April 15th? Procrastination happens, especially with taxes. But a rushed job often leads to a botched job. Why? Because there’s no time to double check to make sure everything is right. Small mistakes can be a big deal on a tax return. Then, a letter from the IRS… Read More
Well, since we’re in full deja vu mode right now with the presidential election bid and this year’s Super Bowl outcome… let’s talk about the Employee Retention Credit… again. Because this week is the deadline for withdrawing ineligible claims — March 22. That’s FRIDAY. If you claimed and received the ERC, but were ineligible and need… Read More
No business management technique is sacred anymore. And rightly so. In my world, there’s been a trend in recent years with businesses moving away from traditional, fixed budgets towards more flexible approaches. I think that could be said for most tasks within business management. The ever-changing market landscape, economic uncertainties, rapidly developing technology, and the… Read More