The DMJPS Digest: A CPA Blog
Insights and musings from the desk of DMJPS professionals.
Financial Accounting Blogs for Businesses & Individuals
Are you perplexed by new tax laws and need advice on how to comply with the latest regulations? Do you want to improve your financial literacy so you can run a more efficient and profitable business? You’ve come to the right place. DMJPS PLLC’s accounting blog provides the latest insights and expert knowledge to help your business navigate a complex and ever-evolving industry.
DMJPS’ team of highly-experienced specialists provides expert advice and in-depth analysis of the latest news, trends, practices, and regulations to help you stay up-to-date on the most current developments. DMJPS’ accounting blog covers the most important financial reporting issues that affect many individuals, businesses, and organizations.
What It Means to “Be Greater”: Reflections from the Future of Our Profession
At DMJPS CPAs + Advisors, our internship program is about more than learning how to prepare tax returns or navigate accounting software—it’s about helping the next generation of professionals grow into who they want to become. This spring, our interns not only...
Personal Provisions of the 2025 Tax Act- The Big Beautiful Bill
On July 4, 2025, the 2025 Tax Act was enacted with the President’s signature. Formerly and commonly referred to as the One Big Beautiful Bill (hereafter, the Act), the Act passed the legislative bodies on a party-line vote of 51-50 in the Senate and 218-214 in the...
Business Provisions of the 2025 Act- The Big Beautiful Bill
On July 4, 2025, the 2025 Tax Act was enacted with the President’s signature. Formerly and commonly referred to as the One Big Beautiful Bill (hereafter, the Act), the Act passed the legislative bodies on a party-line vote of 51-50 in the Senate and 218-214 in the...
North Carolina Economic Report – 2025 First Quarter
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...
Public Markets and Private Values
Key Takeaways Public market trends shape private valuations — not directly, but by influencing perceived risk, buyer behavior, and discount rates. Economic uncertainty drives caution — investors, lenders, and buyers become more conservative, limiting capital and...
Proposed HIPAA Updates Healthcare Organizations Should Know About
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...
IRS Extends Tax Deadlines for North Carolina Storm Victims: What You Need to Know
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...
Special Year-End Audit Considerations for 2025
For many companies and organizations, audits are an important part of mitigating risks, streamlining operations, and keeping business running smoothly. However, if your organization is preparing for a year-end audit, your team should be aware of some potential policy...
New Executive Order: Ends Federal Paper Checks by September 30, 2025
On March 25, 2025, President Trump signed an executive order requiring all federal disbursements to be made electronically by September 30, 2025. This directive impacts a wide range of federal payments, including tax refunds, Social Security and veterans' benefits,...
North Carolina Economic Report – 2024 Fourth Quarter
Highlights: DMJPS is pleased to provide the 2024 fourth-quarter economic update across North Carolina’s fifteen metro areas. Overall, the state’s economic indicators point to continued growth in payroll employment and average wages, sustained low unemployment, and...
Stay in the Know With DMJPS’ Business Accounting Articles
The world of finance and reporting often has many complex regulations that can frustrate even the best in the industry. DMJPS can simplify complicated issues to improve your understanding and help you make informed decisions. Our accounting blogs provide businesses and individuals with a wealth of guidance, insightful content, and actionable solutions to reduce impediments on your path to growth.
If you want to stay ahead of the latest developments and gain the most comprehensive insight into the world of accounting, invest your time in reading our CPA blog. DMJPS’ business accounting articles are written by our team of nationally-acclaimed specialists, offering educational resources, strategic advice, and practical solutions to help you fulfill your most pressing financial and tax obligations.
DMJPS Webinars
WEBINAR: How Organizations Can Leverage Fractional CFO Services
Tuesday, February 11 | 11 AM - 12 PM Presented by Jennifer Billstrom, CPA
WEBINAR: Are you Prepared for your Annual Audit?
Tuesday, January 28 | 11 AM - 12 PM Presented by Laura Hartley, CPA, Partner & Lorin Hartley, CPA, Assurance Supervisor
WEBINAR: 2024 Year-End Tax Planning and Updates
Tuesday, November 19 & Tuesday, December 10 | 10 - 11:30 AM Presented by R. Milton Howell III, CPA, CSEP, Partner & Rollin Groseclose, CPA, CGMA, Partner, Director of Tax Services.
WEBINAR: 2023 Year-End Tax Planning and Updates
Thursday, November 30 & Tuesday, December 5 | 10 a.m. - 12 p.m. Presented by R. Milton Howell III, CPA, CSEP, Partner, Director of Tax Services & Rollin Groseclose, CPA, CGMA, Partner, Director of Tax Services.
Tax Watch
QOZ 2026 Countdown: What to Do Now Before Deferred Gains Become Taxable
The Key Event: Mandatory Gain Recognition in 2026 December 31, 2026 is the date when deferred gains become taxable. The originally deferred gain becomes taxable in 2026, regardless of whether the investment has been sold This gain must be reported on the 2026 tax...
Decision Time is Approaching for Qualified Opportunity Zone Investments
Since its enactment in 2017, many taxpayers have taken advantage of the opportunity to invest in Qualified Opportunity Zone (“QOZ”) investments. If a taxpayer has a capital gain, the gain can be deferred through such an investment. These deferred gains mature on...
Succession and Exit Planning: Make Sure You Can Still Say “No”
When is the worst time to sell a business? The simple answer: when you have to. The best time to sell, of course, is when you don’t have to—when the business is on an upward trajectory, and you have the flexibility to walk away. One of the most powerful negotiation...
Newsletter Sign-up