Tax Services Archives - Page 7 of 7

Tax-Exempt Organizations May 15 Deadline

Pam WilliamsMay 13, 20130 Comment

Just recently, the IRS announced that many tax-exempt organizations have a May 15 deadline that is required by law to file final reports with the IRS. If an organization has not filed their reports for three consecutive years, they may see their federal tax exemptions automatically revoked.

Taxpayers and Their Accountants

Pam WilliamsApril 23, 20130 Comment

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.

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Understanding Estate Tax and Gift Tax

Pam WilliamsApril 19, 20130 Comment

When it comes to paying taxes, the government has several areas in which they take a portion of your assets. You pay taxes on what you earn and then you also have to pay taxes when you give money away.

Taxes can be taken out of gifts regardless of whether you give them when you’re alive or after you pass away as part of your estate. Langdon & Company LLP, a Raleigh CPA firm, will review clients documents to determine whether their stated planning objectives have been met. Below are the basics on how the estate tax and the gift tax work together.

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Certified Public Accountant vs. Tax Preparer

Pam WilliamsFebruary 19, 20130 Comment

It’s income tax season again. Many of us get tense just thinking about filing our tax returns. Rather than stressing over preparing your own tax returns, consider seeking out professional help. There are basically a few options when it comes to completing your tax returns, including: doing it yourself, asking a friend or family member for help, paying a tax preparer or hiring a NC CPA firm. Unless you or your friends and family members are experts in current tax laws, hiring a professional is the best option. Between the tax preparer and CPA, which one should you hire?

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IRS Start Processing 2012 Tax Returns January 30

Pam WilliamsJanuary 16, 20130 Comment

Langdon & Company LLP, provides tax services in the Raleigh area. We provide consultation and tax services to business owners by helping to interpret tax law, raise tax related issues and provide solutions to tax problems.

Just recently The Internal Revenue Service (IRS) has announced that it will open the 2012 tax season beginning January 30, 2013. This announcement comes following the changes made by Congress on January 2, 2013 to the American Taxpayer Relief Act.

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Summary of The American Taxpayer Relief Act

Pam WilliamsJanuary 14, 20130 Comment

On the first day of the year 2013, the United States Congress passed House Resolution 8, better known as the American Taxpayer Relief Act (ATRA) of 2012. Aside from preventing a headlong dive off the proverbial fiscal cliff, ATRA extends some of the Bush-era tax cuts and introduces new provisions that may or may not help to curb the budget deficit and stimulate the American economy.

Langdon & Company LLP have experienced Raleigh tax service professionals available who understand the tax laws and how they may impact individuals or specific businesses.

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Tax Services and Consulting

Pam WilliamsDecember 19, 20120 Comment

Langdon & Company LLP, provides tax services in the Raleigh area. We provide consultation and tax services to business owners by helping to interpret tax law, raise tax related issues and provide solutions to tax problems. Our professionals are experienced and knowledgeable in Federal, Multi-State and International tax laws. Langdon & Company LLP keeps clients up to date with insight on breaking legislation as well as providing innovative strategies.