Category: Yearly Reminders

Mileage rates for 2025 – for taxes filed in 2026 Effective January 1 through Dec. 31, 2025, the standard mileage rates are as follows:

Important Deadlines: Timely submission of your information is essential to avoid penalties or late filings. If you have questions or need assistance, please contact our office as soon as possible. If you received a property tax listing form, please review it carefully. If you need assistance completing the listing, notify our office as soon as…

As we approach year-end, we would like to remind you of the 2025 Form 1099 filing requirements and upcoming deadlines. Timely and accurate reporting is essential to avoid penalties, so please review the information below carefully. Key 1099 Deadlines What We Need From You To ensure timely filing, please provide: If you are unsure whether…

As we approach the end of the 2025 tax year, we want to remind S-corporation owners of the important rules that apply to health insurance benefits for shareholders who own more than 2% of the corporation. Proper payment, reporting, and timing are essential to ensure the deduction is allowed. Important Deadline ReminderTo qualify for the…

Mileage rates for 2024 – for taxes filed in 2025  Effective January1 through Dec. 31, 2024, the standard mileage rates are as follows:  Mileage Rate through 2024 (for Taxes filed in 2025)  Purpose     For business use   70 cents per mile For medical care and for moving active-duty members of the Armed Forces…

This is to remind you that the Partnership/LLC/ Scorp/Corp annual report is due.  Determine your company’s due date and fees (these vary by entity type).NC corporations (foreign and domestic) and partnerships (LLPs and LLLPs) must file an annual report by the 15th day of the 4th month after fiscal year end. The filing fee for…

4th quarter estimates will be due on January 15, 2025.  Federal and state estimates are required for Schedule C filers, c-corporations and on pass-through entities such as s-corporations or partnerships since the tax structure is a pay-as-you-go system. Estimates may also  be required if you have had any substantial taxable transactions where tax was not withheld…

3rd quarter estimates will be due on September 16, 2024.  Federal and state estimates are required for Schedule C filers, C-corporations and on pass-through entities such as S-corporations or partnerships since the tax structure is a pay-as-you-go system. Estimates may also be required if you have had any substantial taxable transactions where tax was not withheld,…