NC Franchise Taxes Increase for Certain Taxpayers

Some of our C and S Corporation clients are seeing significantly higher franchise taxes from the state of North Carolina for tax year 2016. In 2015, the legislature passed House Bill 97 which made significant changes to North Carolina’s tax structure. As part of...

Electronic Tax Payment Options for Individuals

Today’s world is becoming more and more electronically driven and individual tax payments are no exception. In response, the Internal Revenue Service as well as the North Carolina Department of Revenue have developed online payment systems which allow taxpayers to pay...

Defined Benefit Plans for Closely Held Companies

Traditional defined benefit plans, structured to provide a lifelong pension, have become rare in the private sector. They’re still the norm for public sector employers; some large companies continue to offer plans. Ironically, these plans might be a good fit for...

Thomas Crawford promoted to TJT Tax Partner

Thomas, Judy & Tucker is proud to announce the promotion of Thomas R. Crawford Jr. to the position of Tax Partner. Thomas has been with the firm since 2012. His primary focus is on commercial construction contractors, manufacturing/distribution companies and...

2016 Individual Tax Organizers

2016 Individual Tax Organizers will be sent out to clients within the next week. If TJT prepares your individual return, your tax organizer will be sent to you either electronically through our secure portal or a paper copy will be mailed to you. Please take the time...