News and Events

The Internal Revenue Service (IRS) has recently updated the online tool to track information regarding stimulus checks and direct deposits. Potential recipients can go online at www.irs.gov and click on the link “ Get My Payment ” for updated information concerning stimulus benefits. Taxpayers will need their social security number, date of birth, and mailing address on […]

Congress passed $310 billion of additional funding with the second round of Payroll Protection Program (PPP) monies for small businesses. The Small Business Administration (SBA) resumed funding on Monday, April 27, 2020 at 10:30 a.m. EDT. The entire package totaled $484 billion with an additional $310 billion of funding for the PPP. The first round of $349 billion […]

Once again, you checked your bank account online, and you didn’t see a deposit for your stimulus payment. Now what? The Internal Revenue Service recently launched a website where you can check the estimated arrival date of your payment. Please click here to track your payment at “Get My Payment.” Source: Internal Revenue Service

We are still working, but we remain closed to the public. What does that mean? We are working in the office with a limited staff while a majority of our staff are working remotely.  We are diligently trying to make sure that everyone is receiving any feedback they need regarding questions, etc. related to the […]

Lutchia has a Bachelor’s Degree in Accounting from Gardner Webb and a Master’s in Psychology with a concentration in Industrial-Organizational from the University of Phoenix.  She comes to us from Transportation Insight where she served as a Processing Analyst almost 7 years.  Lutchia and her two sons live in Morganton. Lyrek age 19 currently attends NCCU pursing […]

Probably…  While we hope that everyone is staying well and taking measures to be safe, Congress has been busy passing new laws that most likely will affect many, many individuals and businesses. The two most recent pieces of legislation are: •   FFCRA – Families First Coronavirus Response Act (Employer Expanded Family and Medical Leave Requirement) […]

Monday, we let you know the IRS may extend the tax deadline due to COVID-19.  Tuesday, Treasury Secretary Steven Mnuchin announced the payment deadline would be extended to July 15th; however, this announcement did not extend the filing deadline beyond April 15th.  Today, Treasury Secretary Mnuchin announced the filing deadline has also been extended to […]

In most recent news, the American Institute of Certified Public Accountants believes that the Treasury and the Internal Revenue Service will announce this week an extension of the April 15 deadline by as much as 90 days and a waiver of penalties and interest for most taxpayers. We are hopeful that a confirmation will come this […]

This is a friendly reminder that on January 1, 2018, the North Carolina Annual Reports filing process was changed. The State of North Carolina now requires that all reports be filed directly with the Secretary of State. The annual reports can no longer be part of the income tax filing process. Please click on the link above to read […]

Martin Starnes & Associates, CPAs, P.A. is proud to announce the promotions of Ko Tang Cha-Moses and Matthew Braswell to Senior Manager, Justin Allen to Manager, and Claire Chase, Morgan Coley, Yeng Klipp and Cameron Lackey to Senior Accountant.  Open the attached document for more information on our recent promotions!