New Internet Sales Tax Rules In Effect

Remote sellers and marketplace facilitators, listen up. New internet sales tax rules for online sellers kicked on October 1, 2019, and more than 40 states…

Tax Benefits of Rental Property

Over the past few years, we’ve seen a huge uptick in the number of clients renting out their homes (or second homes) as vacation rentals.…

What The New Overtime Regulations Mean for Your Business

It’s been a 4-year discussion that we’ve tracked extensively, and now we finally have some answers: New overtime rules will go into effect January 1,…

10 Tax Issues To Address Before End of 2019

It hit me like a ton of bricks the other day: 2019 is almost over. With just over 100 days left in the year, it’s…

Section 1202: The little-known tax rule that could save you big money when you sell your business.

A little-known tax provision dubbed Section 1202, which we’ve covered before, is getting a lot of attention these days thanks to the Tax Cuts and…

NC House Bill Could Change How Restaurants, Bars Purchase Alcohol

Could North Carolina’s ABC stores soon be a thing of the past? A bipartisan measure is making waves in NC, as it would dismantle the…

IRS Ramping Up Enforcement of ACA

A caution to business owners to not rest too easy on the Affordable Care Act (ACA/Obamacare): The IRS seems to be suddenly intensifying efforts to…

Investing in Opportunity Zones: The Top 5 Incentives

I came across a great article this week (subscription required) in the Charlotte Business Journal that discussed the different ways the City of Charlotte is…

How To Spend 529 College Funds

In about a month, our kids will head back to school. For some parents, that means new lunchboxes and character backpacks. For the more seasoned…

Supreme Court Issues Ruling on Taxation of Trusts

The Supreme Court issued a huge win for trusts last month, ruling that a trust beneficiary’s residence is not sufficient on its own for a…