by Samantha Suozzi | Nov 5, 2024 | Business Consulting, Manufacturing & Distribution, Tax Watch
On October 25, 2024, the NC Department of Revenue issued Directive TA-24-1. Part II allows taxpayers in eligible counties to request relief from the assessment of interest on unpaid taxes due to Hurricane Helene. Also eligible are those taxpayers whose tax preparer,...
by Samantha Suozzi | May 23, 2023 | Tax, Tax Consulting, Tax Watch
Health savings accounts (HSAs) are an often overlooked tax planning tool that can not only save you taxes now but can also be used for wealth-building and retirement planning. If you are eligible to contribute to an HSA there are many benefits, some of which are often...
by Samantha Suozzi | Jul 15, 2022 | COVID-19 Services, Tax, Tax Consulting, Tax Watch
When the Coronavirus Aid, Relief and Economic Security Act (CARES Act), was released, it provided taxpayers with the ability to defer an employer’s portion of Social Security taxes, as well as some self-employment taxes. For most employers, these taxes are reported on...
