Insights

TJT Community Service Day

On September 21st, the owners and employees of Thomas, Judy and Tucker participated in the North Carolina Association of CPA's first annual Day of Service.  We volunteered at two locations, the Inter-Faith Food Shuttle Farm in Raleigh and also at the SEEDS community...

Boards Agree on Lease Accounting Approach

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) recently agreed on accounting approaches for lease expenses as part of a project to revise International Financial Reporting Standards and the U.S. Generally...

Plan Ahead for Family Business Succession

It takes fortitude, innovation and perhaps a little bit of luck for a business to thrive in these uncertain economic times. But what will happen to the operation when the owner is no longer able to chart the course? According to a recent national survey, 25% of...

Post-Election Health Care Reform Seminar

TJT in conjunction with RPG Solutions will be hosting a seminar on Post Election Healthcare Reform on November 30, 2012.   Jason Cogdill, Corporate Counsel and Benefits Attorney for ProBenefits, will cover topics including: Update on Status of Health Care Reform Law...

Health Insurance Update: Is your MLR rebate taxable?

You or your company may have received a check from your health insurance provider in the past couple of months indicating that this check was your MLR rebate.  What is an MLR rebate and is it taxable to your company or to the individual beneficiaries?  A provision in...

North Carolina Tax Update

North Carolina Enacts Income Tax Deduction for Educator Expenses Legislation was enacted in North Carolina providing for an educator expense deduction against personal income taxes.  Under the measure, educators are able to deduct up to $250 in certain work-related...