Firm Promotions and New Hires

TJT is proud to announce several promotions as of January 1st, 2013.  Geri Lail, CPA and Amanda Habich, CPA have been promoted to Senior Manager.  Geri works with our tax team and Amanda works with the audit team.  Crystal Cox, CPA has been promoted to Tax Manager. ...

S-Corporation Tax Planning Tips

Small business owners may choose S corporation status. As long as certain criteria are met (see the Trusted Advice column in this issue on “S Corp Criteria” for further information), the S corporation election will be recognized, and corporate income tax will be...

LLC Annual Report Notices

All North Carolina limited liability companies (LLCs) are required to file an annual report each year with the Department of the Secretary of State.  In December of 2012, the Secretary of State mailed out nearly 35,000 Notices of Administrative Dissolution to...

Need Help With Charitable Gifting?

Estate planning also includes areas such as charitable gifting methods and procedures or special gifting techniques. But all of these also involve having at least a minimum amount of knowledge in the fields of federal estate taxes and similar laws and regulations. We...

The Fiscal Cliff Legislation: What You Need to Know

The much anticipated tax legislation for 2013 has finally been passed.  On Tuesday, January 1, 2013, Congress passed the American Taxpayer Relief Act, H.R. 8 to avoid at least the tax side of the “Fiscal Cliff.”  One of the more significant aspects of this...