News and Events
Would You Like to Win a Brand New Car?
If it is 8:30 a.m. on a Thursday, it must be time for the weekly United Way drawing to see who the next finalist is for a chance to win a BRAND NEW CAR!! Every week, Sylvia Long, from United Way, appears at our office with more Fair Share Donor cards to be added to […]
Welcome to the MSA Team De!
De Jonas has joined our firm as our new Information Technology (IT) Manager bringing a vast knowledge and background in the world of IT. She has an associate’s degree in Business Computer Programming and has worked in information technology for over 30 years. Her most recent experience was working as a Technology Analyst for a […]
MSA Ranked Best Mid-Sized Firm in the Nation!!!
Martin Starnes & Associates, CPAs, P.A. (MSA) recently received the honor of being named as the 2020 Best Accounting Firms to Work for , ranking #1 among mid-sized firms across the nation employing between 50 and 249 employees. Accounting Today has partnered with Best Companies Group to identify companies that have excelled in creating quality […]
PPP Forgiveness Simplified for Loans of $50K or Less
On Thursday, October 8, 2020, the U.S. Treasury and Small Business Administration released information for recipients of the Paycheck Protection Program loans of $50,000 or less regarding a simplified application that can be used for forgiveness. To read more about this simplified application, please click here. Click on the link below to view the form. […]
NC Legislature Passes Coronavirus Relief Act 3.0
On September 4, 2020, the North Carolina (NC) Legislature passed the Coronavirus Relief Act 3.0. Included in this new law is the Extra Credit Grant program, which makes available a $335 grant to eligible NC taxpayers. The grant is designed to provide economic support for childcare costs and virtual learning expenses incurred during the COVID-19 pandemic by […]
MSA Teams Take Time Out for a Little Golf
A few of our employees enjoyed some time away from the office with friends for a friendly game of golf last week. Two teams participated in The Chamber of Catawba County’s 31st Annual Golf Classic that took place at Lake Hickory Country Club at Catawba Springs where MSA was a Premier Sponsor. It was a […]
Did You Extend Your Individual Tax Return?
Did you file an extension for your 1040 tax return? If so, it is very critical that we have all of your important paperwork to assist our tax professionals in finalizing your return. Please take a few minutes to help us, help you, during this busy time by making sure you have done your part […]
Treasury Department and IRS Issue Payroll Tax Deferral Guidance
On Friday, August 28, 2020, the Department of Treasury and Internal Revenue Service issued the awaited guidance (Notice 2020-65) regarding payroll tax deferral ordered by President Trump on August 8, 2020. This notice will allow employers to defer withholding and payment of the employee’s portion of the Social Security tax “OASDI (Old Age, Survivors and Disability)” […]
Quarterly Estimated Tax Payments are Due Today – 9/15/2020
Don’t forget to pay your third quarter taxes on or before September 15, 2020. Check out the link below to see the options you have to pay these taxes. Click here to read more about this guidance. Source: Internal Revenue Service
Did You Have Taxes Withheld from the Unemployment Compensation You Received?
During the pandemic, Americans across the nation received unemployment monies authorized under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Did you realize that by law, this benefit is taxable and will be expected to be reported as income on your federal income tax return for 2020? If you received this benefit, you […]