According to an annual report, the Medicare Part A Trust Fund will be depleted by 2026. This is a two year improvement over last year’s forecast. The authors of the report credit the improvement to lower projected spending in most service categories, especially skilled nursing facilities.
Langdon & Company LLP provides services to many long term care providers in the southeast. In addition to cost report preparation and consultation, services include audit, accounting, financial reporting, tax planning and preparation.
Governor McCrory signed one of the most sweeping NC state tax overhauls in years into law Tuesday.
The changes will go into effect in 2014. The law cuts personal and corporate income taxes to the lowest levels of neighboring states. It also limits future state spending by more than $2 billion in the next five years. Continue reading →
Langdon & Company LLP is a Raleigh accountant firm providing professional accounting services based on clients needs, capabilities and budget. According to a recent study, nearly half of Americans who pay income tax will take their information to an accountant and have them fill out the paperwork.
It appears that Americans feel they will receive a bigger tax refund by having an accountant work on their taxes. Moreover, another fraction of taxpayers will take their taxes to friend or family, meaning most Americans do not do their own taxes, according to a Workanomix survey.