As a refresher, the CARES Act is allowing a maximum $300 deduction on your 2020 tax return, for those who DON'T itemize deductions (those...

You may have heard by now the certain NC taxpayers will receive a $335 check from the state, designed to help parents with pandemic...

Just an FYI for those individuals who have filed their 2019 tax returns by the new original due date of 7/15/2020: You should expect...

As a tax preparer, I'm always interested to see how the IRS will change the next year's Form 1040. With all of the new tax "stuff" issued...

Hi all, Back on April 2, which was a CRAZY time in the tax world, I wrote a lengthy blog piece on the then COVID-19 relief provisions...

The term "decoupling" is used in the state tax world, to describe when a state does not agree with the federal tax treatment of a certain...

I've had a few people recently ask for help with their W-4 to make sure they're completing it in the best way possible. The W-4 has...

Yes, here I am again, sorry if you are TIRED of hearing about the PPP. For those that have received it, it is critical that you keep up...

In a not-too-highly publicized change....certain people are now receiving their economic impact payments (stimulus) in the form of a...

Were you successful in securing a PPP loan recently ? Remember, the biggest benefit of the PPP loans was the potential forgiveness of it...

I've been getting pretty burnt out on following the ever changing COVID-19 relief provisions, but still plan to report what I feel are...

The long anticipated IRS database to ensure that they have your details to send you your "stimulus" payment has arrived ! However, as...

Note that the details and practical application of all of the recent relief programs and provisions are changing daily; therefore, it is...

By now, most of you may be familiar with the recently released "Coronavirus Aid, Relief, and Economic Security" Act (CARES ACT). More on...

Dear Friends and Clients, I just learned that Buncombe County is ordered to stay at home (locked down) starting tomorrow and lasting for...

As updates are being issued daily for tax and business practice mandates and relief, I am continuing to try to keep you informed and...

Hi again, to keep you updated on further tax guidance for relief provided in the tax arena, note that the IRS has clarified that not only...

Dear Clients and Friends, In case you haven't heard, the Treasury Secretary has announced today that tax payments that normally would be...

For those that have certain retirement accounts and are nearing 70 years old, I'm sure you're familiar with the term "RMD". Your RMD...

Hi everyone, getting back to a bit of state tax with this post. As a refresher, under what is now known as the "Trump Tax Reform", the...