News and Events
Expect to Withhold More Dollars for Social Security Tax in 2022
The long-awaited report from the feds detailing the 2022 Social Security projected taxable wage base has been released. Data from the 2021 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance reflects that we will be expected to withhold more Social Security tax in 2022. Please […]
Should Your Business be Filing in Other States?
What is Nexus? Nexus is a type of connection with a state or a type of factor presence within a state. This physical, economic or factor presence, or registration, allows someone to do business within a state. Nexus is required for a state to enforce an income, franchise, or gross receipts tax on a taxpayer […]
Welcome to MSA Ethan!!!
Ethan Bumgarner spent the summer working at MSA as a part-time employee and has now officially joined our team as a Staff Accountant. He obtained his Bachelor of Science and Master of Science in Accounting from Appalachian State University. If this avid sports fanatic is not watching, he is playing many sports. Ethan enjoys playing basketball, […]
What Do You Want Out of Retirement?
Do you know what you really want when you retire? Answering these three questions may help you with some of the planning: Will you run out of money in retirement? Are you concerned about being able to pay for long-term care? How much of your money do you want to leave to your family? To […]
Are You Prepared for a Natural Disaster?
September is National Preparedness Month – Are you ready for a natural disaster? It is that time of year when hurricanes are more prevalent. Do you have an emergency preparedness plan in place? Now is the time to create or update a solid plan before a disaster comes your way! Please click here to learn […]
NC Pressing Tax Issues for 2020 Returns – PPP Expense Treatment and Taxability of Unemployment Benefits
According to the North Carolina Association of Certified Public Accountants (NCACPA) Director of Advocacy, Robert Broome, CAE, this past week, the North Carolina (NC) legislature is still working on the proposed changes for Payroll Protection Plan (PPP) expense deductibility. The NC House and NC Senate have yet to work out a compromise related to their versions […]
Congratulations are in Order!
Martin Starnes & Associates, CPAs, P.A. is proud to announce the promotions of Cassie Wilson to Senior Manager, Claire Chase to Senior Staff Accountant II, Beau Hildebrand, Maria Gray and Lauren Larsen to Senior Staff Accountant. Cassie Wilson, CPA, joined the firm in March 2012. Her concentration at the firm is in governmental auditing. Cassie graduated with […]
Welcome to the MSA Team Evan & Chris!
Evan Lohrman, a native of Bethlehem, recently joined our team as a Senior Accountant. He previously worked in the Piedmont-Triad area auditing within numerous industries, after graduating from Appalachian State University with both his Bachelor of Science in Business Administration with a concentration in Accounting and Masters in Accounting. He enjoys working on cars, spending […]