North Carolina Legislative Updates (July 2026)
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.
529 Plan Benefits
Education costs are among the largest expenses that families face. Whether for college or private Kâ12 schooling, a 529 plan offers unique tax advantages that can help ease the financial burden. Learn more about 529 plan benefits.
Understanding Health Savings Accounts (HSAs): Eligibility, Deductions, and Key Rules
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.
Child and Dependent Care Tax Credit
The Child and Dependent Care Tax Credit is a tax credit that helps offset the cost of caring for children or other dependents so the parent or caretaker can work or look for work. Learn more.
Children & Taxes – Does Your Dependent Child Need to File an Income Tax Return?
A child who is claimed as a dependent on a tax return may be required to file their own federal income tax return if their income exceeds certain limits. Learn more by reading the full article.
Trump Accounts: What Families Should Know Before Opening One
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.
What Executive Order 14247 Means for Taxpayers: The Internal Revenue Service (IRS) Is Going Fully Electronic
The IRS is moving toward a fully electronic environment for tax payments and refunds. The direction is clear â paper checks are being phased out. Read the full article to learn more.
SafeSend Organizers
As you begin to gather your 2025 personal income tax documents, we want to remind you about our SafeSend Organizer. You can use SafeSend to answer your organizer questionnaire and safely and quickly digitally upload your tax documents.
Gift Taxes â What are annual exclusion gifts?
Are you thinking of gifting cash, securities, property, or other assets to a family member? Gift taxes can add extra complication to your yearly tax filing obligations. Learn more.
Tips for Preparing Business Personal Property Tax Listings
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.