Tax season can be challenging for high income earners due to the complexity of their financial situations. From investments and multiple income streams to tax
Navigating the world of Professional tax services can be like walking through a maze blindfolded filled with twists, turns, and potential pitfalls. From federal tax
IRS issues emergency tax year 2021 extension for FL NC & SC
Every year, the Taxpayer Advocate Service submits a mid-year report to Congress that outlines serious problems facing taxpayers and makes recommendations on how to mitigate those problems. This article outlines the main takeaways from the report and solutions for the next filing season.
Every year, thousands of people across America get a CP2000 letter from the IRS. In this article, we explain what the CP2000 process and how to handle the IRS. We also outline the exact filing steps to combat a CP2000 letter.
Tax season in full swing, Tax Advisor of Cary is fully booked until the April 18th deadline, but that doesn’t mean we can’t help! In this article, we will outline ways to request an automatic extension from the IRS and NCDOR so that we can help at a later date.
CryptoCurrency Tax Basics – Cary Tax Looking to learn the Cryptocurrency tax basics? Crypto currencies are a relatively new feature on the financial landscape. Because
Thinking of Selling Your Home? Tax Considerations Understanding the Home Gain Exclusion when selling your home: One of the largest tax breaks available to most
Identity theft PINs are for 2015 not 2014 If you are one of the unfortunate victims of IRS identity theft you will need a one-time
Home Gain Exclusion: What to Know and Do For those who qualify, a married couple can exclude up to $500,000 ($250,000 for unmarried taxpayers) in
