Insights & News

TJT Audit Partner Kristen Hoyle, CPA was a recent guest on CAPTRUST Mission + Markets podcast hosted by Heather Shanahan. This this episode, Kristen and

Congress recently passed the Inflation Reduction Act which has wide ranging implications for healthcare and climate change. It also has several provisions with the potential

 Jeff Brovet, Managing Partner for TJT, spoke with Invest: and discussed what he sees regarding the future of hybrid work models. He also touched upon

In response to higher gas prices and overall higher vehicle costs, the IRS recently adjusted the optional standard mileage rate for the final six months

Our firm is seeing quite a few notices from the IRS stemming from not correctly applying payments made under the spouse’s social security number.  This

Recently, the North Carolina Department of Revenue issued guidance clarifying that certain Covid related income sources for businesses would not be taxable for state income

The Auditing Standards Board (“ASB”) of the American Institute of Certified Public Accountants (“AICPA”) issued Statement on Auditing Standards (“SAS”) No. 136, Forming an Opinion

A recent North Carolina legislative change (Senate Bill 105) allows certain pass-through entities (Partnerships and S-Corporations) to pay and deduct North Carolina state income taxes

In these times of high stock prices and low bond yields, investors might be thinking about rental property. Such investments can pay off in the

Thomas, Judy and Tucker, in conjunction with Weston Banks Wealth Partners, will be hosting a free seminar on “Making the Most of Your Social Security

Among the business related provisions of the American Taxpayer Relief Act of 2013, the work opportunity tax credit (WOTC) was extended retroactively, for 2012, and

Should you buy or rent your home? This decision can include financial as well as nonfinancial factors. Even if the nonfinancial aspects are extremely important,

If you intend to name a family member to succeed you in running your company, you have some advantages. The person you’ll name (probably your

The PATH Act’s many provisions also include a permanent increase in the amounts allowed under IRC Section 179, which permits rapid deduction (expensing) of funds

We here at TJTPA know how important families truly are and we are doing everything we can to show our love, appreciation and concern for

In the last years it has been noticed that the number of new businesses is rapidly enlarged. Despite the bad conditions of the global economy,

In 2013, the annual gift tax exclusion increased from $13,000 to $14,000. That is, each individual can give up to $14,000 worth of assets to

Many people save money for retirement in a traditional IRA. The funds might have come from annual IRA contributions, or from rolling over an employer

TJT audit partner Kristen Hoyle was interviewed for an article on nonprofit evaluation tools. The article was co-written by TJT audit associate Andrew Slatter as

The North Carolina General Assembly recently passed Session Law 2016-6 which stated that the North Carolina corporate and individual income tax laws generally follow the

Retirees often need money from their investment portfolio, if they have little or no earned income. For many seniors, tax- efficient withdrawals require two levels