Leasing Company Cars
Among consumers, leasing cars is increasingly popular. According to Experian Automotive, a data provider, a record 27.5% of new cars financed in the first quarter
Year End Tax Planning for Retirement
For most workers, contributing to an employer sponsored retirement plan usually is a good idea. In 2013, since passage of ATRA, making full contributions to
Supreme Court Bolsters Beneficiary Rights
A 2013 decision by the U.S. Supreme Court illustrates the importance of updating beneficiary forms regularly. If you don’t, your desired heirs can lose a
Firm Recognition and New Hires
Jeff Brovet, audit partner, was awarded the William P. Eyerman Award by the Triangle Commerical Association of Realtors at their Frontier Awards held on February
Summary of NC Tax Law Changes
The North Carolina Department of Revenue recently added a resource document that provides a brief summary of the tax law changes made by prior General
How Inherited Assets Differ From Gifts
When someone gives you cash or other valuable assets, do you owe income tax? No. The same is true if you receive an inheritance. The
Written Capitalization Policies Must Be In Place by January 1, 2014
The IRS issued the final repair regulations on September 13, 2013, that clarified a lot of capitalization rules for taxpayers. As the year-end is quickly
Changes to your taxes and deductions for 2013
Keep in mind that the Social Security Payroll tax holiday expires at the end of 2012. Starting in January of 2013, the employee’s share of
Bad Eggs: The “Dirty Dozen” Scams for 2012
Each year the IRS lists its “Dirty Dozen” tax scams for taxpayers to watch out for. What’s on the list for 2012? Here is a