by Milton Howell, CPA | Nov 11, 2025 | Hospitality & Restaurants, Professional Services, Tax Watch
Under the OBBBA (One Big Beautiful Bill Act) of 2025, employees can now get a deduction for some of their tips and overtime for the years 2025 to 2028. While this is an employee tax break (not an employer tax break), employers have reporting responsibilities for 2025...
by DMJPS PLLC | Oct 6, 2025 | Business Consulting, Business Valuation, Cost Segregation, Economic Reports, Hospitality & Restaurants, Manufacturing & Distribution, Mergers & Acquisitions, NonProfit, Professional Services, Real Estate & Construction
Highlights: DMJPS is pleased to provide the second quarter 2025 economic update across North Carolina’s fifteen metro areas. Despite signs of moderating growth in some indicators, the state’s economy continues to show steady expansion, marked by broad-based job gains,...
by Rollin Groseclose | Aug 29, 2025 | Business Consulting, Manufacturing & Distribution, Professional Services, Real Estate & Construction, Tax Consulting, Tax Watch
The 2025 Tax Act, commonly known as the One Big Beautiful Bill (OBBB), reinstated expensing of research and experimentation or development (R&D) costs. For the last three years, all taxpayers have been required to capitalize domestic R&D costs and amortize...
by DMJPS PLLC | Jun 23, 2025 | Business Consulting, Business Valuation, Cost Segregation, Economic Reports, Hospitality & Restaurants, Manufacturing & Distribution, Mergers & Acquisitions, NonProfit, Professional Services, Real Estate & Construction
Highlights: DMJPS is pleased to provide the first quarter 2025 economic update across North Carolina’s fifteen metro areas. The state’s economic indicators indicate continued job growth and consumer spending. Employment gains were recorded across most major...
by Sarah Hayes | Apr 22, 2025 | Healthcare, Professional Services, Tax Watch
All healthcare organizations, including healthcare providers and medical insurance companies, must follow the Health Insurance Portability and Accountability Act (HIPAA) guidelines. However, because HIPAA is updated on occasion, healthcare organizations also have a...
by Rollin Groseclose | Apr 22, 2025 | Business Consulting, Disaster Response & Incentive Advisory, NonProfit, Professional Services, Tax, Tax Watch
The IRS has extended federal tax filing and payment deadlines to September 25, 2025, for taxpayers in FEMA-designated disaster areas. Specifically, this relief is granted due to the lingering effects of Hurricane Helene. The previous postponement to May 1 has been...
