Click here for important information about North Carolina’s annual report filing requirements and upcoming changes to GBM’s services related to these filings. Effective immediately, North Carolina annual reports will no longer be included in GBM’s tax preparation services.
Senate Bills 257 and 595 have passed and include tax changes that may affect individuals, businesses, and general tax compliance.. Read more to find out the potential impacts.
Health Savings Accounts (HSAs) allow individuals to reduce their tax liability while saving for medical expenses. To make the most of these accounts, it is important to understand the eligibility requirements, contribution rules, and tax implications. Learn more.
Are you wondering whether a Trump Account could be a smart opportunity for your child? These new accounts are designed to help families build long-term, tax-advantaged savings for minors.
The IRS is moving toward a fully electronic environment for tax payments and refunds. The direction is clear – paper checks are being phased out. Read the full article to learn more.
Any individual or business owning or possessing personal property used or connected with a business (or other income generating purpose) must file a business personal property tax listing annually. Read more.
While provisions in the One Big Beautiful Bill apply at the federal level, North Carolina has not conformed to the new law, creating notable divergences between federal and state tax treatment. Read the full article to learn more.
Are you confident you are doing everything you can to minimize your income taxes? If not, it may be time for a fresh look. Check out the 2025 Year-End Year-Round Tax Planning Guide.
A new year brings important payroll and 1099 reporting responsibilities for business owners. Read more for some key reminders and checklists to assist with year-end reporting.
Any individual or business owning or possessing personal property used or connected with a business (or other income generating purpose) must file a business personal property tax listing annually. Learn more.
