by jritter | Dec 2, 2025 | Collections, Tax Center
Now that we made it past the extension filing deadline, we should turn our attention to penalty and interest letters. This post specifically applies to businesses and residents of Haywood County and other North Carolina counties which were included in the Helene...
by jritter | Nov 4, 2025 | Real Estate, Tax Center
Rental activity income is generally reported on Schedule E (individuals) or Form 8825 (Partnerships) for federal income tax purposes. In recent years, as short-term rentals are on the rise, proper reporting of rental income has generated questions for which...
by jritter | Apr 29, 2025 | Tax Center
Elder care accounting falls within the scope of services provided by accountants and tax professionals. Today, we will blend two topics together to illustrate the usefulness of elder care accounting. Elder care accounting is provided for elderly individuals who have...
by jritter | Jan 17, 2025 | Tax Center
A question many Haywood County residents will be asking this tax season is whether a deduction is permissible for disaster losses. Today’s discussion will primarily be for individuals with losses to a primary residence and household furnishings. Disaster loss rules...
by jritter | Jun 21, 2024 | Personal Finance
We tend to compartmentalize the various parts of our lives Friends, family, work, money,hobbies, and faith are each parts of our lives we put into separate compartments. Of course, thisoften occurs subconsciously. Compartmentalizing money is also known as “mental...
