News and Events

The Tricky Terrain of Backdoor Roth IRAs: Three Common Mistakes

In the world of retirement planning, a backdoor Roth IRA is often touted as a useful strategy for high-income earners to save more tax-free money for their golden years. However, while this method can be highly beneficial, it also carries potential pitfalls that could lead to unnecessary tax complications and financial penalties. Below are three major […]

Should You Be Paying Estimated Tax Payments?

What are estimated tax payments? Do you need to make estimated tax payments? How much should your estimated tax payments be? These are common questions an individual may ask their tax advisor.   Click here to read more about estimated tax payments. Submitted by: Frank Williams Sources: https://jmtaxlaw.com/article-on-estimated-tax-payments-by-denver-tax-attorney/ and

Welcome Tommy and Lily!

We welcome Tommy Harkey aboard as a staff accountant. After graduating from high school, he joined and served in the Marine Corps. Tommy graduated from Lenoir-Rhyne University in May of 2023 with a bachelor of finance and business management. He and his beautiful wife, Makayla, have been married for a little over 3 years. They attend […]

Updates to the Standard Mileage Rates

Do you use your car for business, medical, moving or charitable purposes? If so, you’ll want to be aware of the updated standard mileage rates. The IRS adjusts these rates annually, reflecting changes in the cost of operating a vehicle. Remember, you have the option to use the standard mileage rates or actual expenses to […]

Mid-Year Tax & Financial Review

KEY POINTS FOR YOUR CHECKLIST     June marks the midpoint of the year, a perfect time for a comprehensive “mid-year tax checkup”. By evaluating your financial and tax situation now, you can make the necessary adjustments to minimize surprises come April. This approach also enables you to benefit from potential tax-saving strategies that might […]

The Tricky Terrain of Backdoor Roth IRAs: Three Common Mistakes

In the world of retirement planning, a backdoor Roth IRA is often touted as a useful strategy for high-income earners to save more tax-free money for their golden years. However, while this method can be highly beneficial, it also carries potential pitfalls that could lead to unnecessary tax complications and financial penalties. Below are three major […]

Should You Be Paying Estimated Tax Payments

What are estimated tax payments? Do you need to make estimated tax payments? How much should your estimated tax payments be? These are common questions an individual may ask their tax advisor.   Click here to read more about estimated tax payments. Submitted by: Frank Williams Sources: https://jmtaxlaw.com/article-on-estimated-tax-payments-by-denver-tax-attorney/ and https://turbotax.intuit.com/tax-tips/small-business-taxes/estimated-taxes-how-to-determine-what-to-pay-and-when/L3OPIbJNw

Welcome Jeff and Cody!

Joining our team as an Information Technology (IT) Assistant, Jeff Carter is from White Lake, Michigan, but has been in the south for the last eight years. Jeff previously worked as a help desk associate for a local company. His training is in security administration, cyber security, and software. Jeff’s passion for IT came from […]

Are You Prepared for a Natural Disaster?

Do you have an emergency preparedness plan in place? The Internal Revenue Service has preparedness tips to share during a natural disaster. Below are some valuable topics: Click here to read more about preparing for a natural disaster. Source: Internal Revenue Service

Stacee Rash is the Newest Board Member of NCACPA

We are proud to announce one of the newest members to the board of directors of the North Carolina Association of Certified Public Accountants (NCACPA), Stacee Rash, partner at Martin Starnes & Associates, CPAs, P.A. (MSA).  It is a significant honor to be selected and to learn from others in the accounting profession. The NCACPA works […]