LBA Haynes Strand, PLLC is excited to announce that we are expanding our firm's presence into the Winston-Salem market.
LBA Haynes Strand is pleased to announce that effective January 1st, 2019, Courtney Ageon has been promoted to Principal. As Courtney joins our principal leadership team, she will remain focused on serving the tax, accounting, and audit needs of our clients in the Triad as well as across the state.
LBA Haynes Strand is pleased to announce that effective January 1st, Chad Stafford has been promoted to Principal. Chad joins our principal leadership team, where he will remain focused on providing tax planning, tax preparation, and tax research for clients of LBA Haynes Strand.
It's the day after tax deadline day, months of hard work and stress have come to an end. Now what should you do? We are sure that you can think of many exciting things, one of which is probably taking a break from worrying about your taxes! Enjoy having the peace of mind that your taxes are completed and filed, and if you are receiving a refund - you can track it here. But you can also begin thinking about how to improve the process for next year!
The Form 990 is a tax document that tax-exempt nonprofit organizations are required to file each year with the IRS. The 990 discloses potential conflicts of interest, regulatory details, governance, compensation of board members and staff, and other details that relate to financial accountability. Filing the Form 990 correctly and in a timely matter, allows your nonprofit organization to maintain its tax exempt status. Once the 990 is filed, it is posted for the public to see. Websites such as Guidestar.com allow anyone to look at any organization's Form 990, in order to get a better understanding of the structure and success of the nonprofit organization.
The NCAA college basketball tournament is always an exciting and often maddening time for all of us. While these teams are looking to play the part of bracket buster, your accountants are working hard to see to it that tax season is not a maddening time of year for you. CPAs thrive on this time of year, and leave it all on the court..I mean...office, to make sure that their clients receive the best possible results.
Tax planning can be the single most important thing you do for your financial stability when entering into a new year. The tax planning process is an intricate one that involves gathering information, organizing numbers and data, creating a comprehensive financial picture and charting the best course forward.
With tax season almost among us, take a look at the tips below – use these as a guideline to help protect your financial interests and ensure a smooth, successful tax year.
The effect of the 2015 Budget Act will impact Medicare premiums and Social Security benefits. Based on our reading of the bill and various other articles analyzing the new law, the following is an understanding of the changes in the 2015 Budget Act impacting Social Security Benefits:
Now that fall has officially begun, it's time to begin your tax planning for 2015 and tie up any loose ends that you may have from 2014. The IRS recently sent out the following reminders and helpful federal income tax-saving opportunities for individuals and businesses:
You've heard it before, and it couldn't be more true: it's never too early to start saving for retirement! No matter how long you've been in the workforce, determining a retirement plan and regularly reviewing your strategies is of vital importance.