North Carolina Tax Blog

Bookkeepers Help You Get Back to Business

July 21, 2021

Finding the right bookkeepers for your small business makes a tremendous difference in productivity and your bottom line. Bookkeepers record all the financial transactions and reconcile your company’s accounts on a monthly basis. Below is a brief list of the services offered by Murray Moyer, PLLC’s bookkeepers for small businesses: Record Keeping and Reconciling Using…

Read More

Failure to Pay Taxes – What Happens Next

June 7, 2021

Wrapping up another tax season has some taxpayers owing more than expected this year resulting in a failure to pay taxes. Those taxpayers may have filed their taxes by the May 17, 2021 deadline, but without the funds to pay all they owe, may finds themselves in a situation where they cannot pay. There is…

Read More

Common Tax Prep Mistakes for 2020 Filing

March 8, 2021

As the tax filing deadline quickly approaches, each tax return preparer should take note of the following mistakes commonly found in this year’s tax preparation. Mistake #1: Stimulus Checks Many tax return preparers list the income received from government stimulus checks as ordinary income. These stimulus checks are NOT taxable income and do not need…

Read More

5 Tips to Prepare for Tax Filing Season

January 29, 2021

Now is the time to start reviewing your financials and getting your affairs in order to prepare for tax filing season. There has been a learning curve with the Tax Cuts and Jobs Act of 2017 for many tax preparers and filers alike. The IRS is now accepting 2019 tax returns with a filing deadline…

Read More

End of Year Tax Preparation Tips

December 9, 2020

As we finish up Q4 of an extremely unusual year, it is time to ensure your documents are organized and ready for tax preparation. We often advise our clients that tax preparation is a full-time, year-round endeavor in collecting and organizing records, receipts and other important documentation. The tax preparation professionals at Murray Moyer, PLLC…

Read More

IRS Targeting Taxpayers Who Failed to File Tax Returns

November 12, 2020

For those who failed to file tax returns, the IRS may be reaching out to you soon. Due to new and improved technology and processes, the IRS is actively focusing on taxpayers who have not filed their return(s). This is an increased effort by the IRS to compel compliance and enforce tax laws. The ultimate…

Read More

Tax Audit Help – Preparation is Key

October 8, 2020

The best way to resolve a tax audit is to be prepared. Preparation is key for both IRS and North Carolina Department of Revenue tax audits. All items under audit must be substantiated and proven in a clear and concise manner. Do not attempt to go at this alone – hiring the right tax audit help…

Read More

IRS Audit Help – What to Expect from an Audit

September 9, 2020

A NC tax attorney discusses what to expect from an IRS audit. Getting IRS audit help early in the process is key.

Read More

IRS Tax Liens and Levies: Part 2

August 10, 2020

In depth look at the various types of IRS tax levies and how to avoid having your property seized by the government.

Read More

IRS Tax Liens and Levies: Part 1

July 14, 2020

IRS Tax Liens  In this two-part series, we are going to take a closer look at IRS tax liens and levies. Let’s start by differentiating between an IRS tax lien and a local property tax lien. Property owners must pay property taxes to their local government to generate money for schools and public services. When…

Read More