Misconceptions and Missed Opportunity: The $250,000 tax credit you may be missing.

Qualified small businesses may be eligible to apply up to $1.25 million—or $250,000 each year for up to five years—of the federal R&D credit to…

7 Federal and State Regulations Business Owners Need To Watch In 2020

2020 should be a relatively quiet tax year. While we’ll certainly hear debates over taxes as the election nears, changes to tax law are likely…

SECURE Act Likely To Become Law: How it affects your retirement.

After months of sitting in the Senate, the SECURE Act, which we warned back in June could end “stretch IRAs” and potentially end profit-sharing plans…

Final Thoughts on Opportunity Zone Investing in 2019

Investment in Opportunity Zones in Charlotte and across the nation is in full swing as investors rush to get capital gains invested into Qualified Opportunity…

3 Last Minute Tax Strategies For Small Business

The end of the year is officially upon us, and that means there are just a few weeks left to take proactive steps to lower…

Claiming Casualty Losses After Tax Reform

The southeast coast is no stranger to hurricanes, and this year was no different. Cat-5 Hurricane Dorian made landfall in the Bahamas and eventually made…

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…

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…