One thing you don’t really want showing up in your Coastal Southeastern NC mailbox (besides all of those dental office and windows installation ads) is a collection notice from the IRS. And, for two years, you had a reprieve thanks to the IRS halting many of their collection notices so they could focus on their… Read More
Picture this: You’ve been dabbling in cryptocurrency – Bitcoin, Ethereum, maybe even a few of those meme coins. You’ve made some decent trades, seen some gains. Life is good. But there’s that nagging feeling in the back of your mind – did you handle the taxes on all those crypto transactions the right way? Lately,… Read More
A quick note about the business filing deadline. It is a week and a half away (on March 15th)!! I will submit returns and returns that have come in before cut-off and need information before completing extensions on the 14th. The 15th is on a Friday, and the office is closed. Corporations, S Corporations, and… Read More
A quick reminder for those of you working under a corporate status: we gotta file those returns for you by March 14th — so help us help you. Use the secure portal to upload your documents. The deadline to get items in my office is Thursday at 5 p.m. Anything uploaded after Thursday after that time may… Read More
For a long time, the NFL was hands-off when it came to Las Vegas. They were unwilling to get anywhere close because of the long-time commissioner’s caution about the connections some big NFL names had with well-known mob connections. Commissioner Pete Rozelle and his successors were adamant about their anti-sports betting stance. Major changes in the NFL’s… Read More
The most common money management tips that experts give to people in Coastal Southeastern NC with tax or financial difficulties involve saving, budgeting, and planning. But there’s another money habit that never makes those lists of money management tips, and it’s worth sharing, because it can have a profound effect on your attitude toward money and life… Read More
Most college basketball fans know when March madness happens and they plan for it. Every year. Do you know what else happens every spring? No, not spring training, but that does happen. The March 15 S-corp and partnership filing deadline for 2023 taxes. And about two months from the filing deadline for every other kind… Read More
This weekend we got a chance to see what’s trending in the world of music via the 66th Annual Grammy Awards. But something that wasn’t talked about on stage was the struggles of the music industry right now. A lot of artists are facing difficulties with promoting their music online thanks to Universal’s battle with… Read More
The IRS has started on its promises to ramp up compliance and collection efforts with not only the big hitters on the tax side of things (high-income individuals, complex partnerships, and large corporations). They are also having the computers search for non-filers, non-paying individuals, and soon with the New Beneficial Owners Information report required of LLCs… Read More
Are you ready for some FOOTBALL? Even if you do not watch pro football everyone wants to catch the Super Bowl (Sunday, February 11). It’s probably one of the most watched events in America. Oh and trivia, but I bet you know this one, Dominos sells more pizza than any other time during the year.… Read More