Small Business Tax Planning for NC S Corps and LLCs
Summary: Considering switching to an S Corp in North Carolina? Business owners earning over $50K in profit may save $5,000–$8,000
Summary: Considering switching to an S Corp in North Carolina? Business owners earning over $50K in profit may save $5,000–$8,000
Federal and North Carolina Tax Deadlines for 2025 Type Deadline Notes Individual Tax Returns (1040 + NC D-400) April 15,
✅ Quick Answer: Most NC couples save more by filing jointly, but separate filing may help with student loans, medical
✅ Quick Answer: North Carolina residents may qualify for state and federal tax credits including child care, education, retirement savings,
✅ Quick Answer: Yes, you can still file your North Carolina taxes late. Penalties apply, but filing now reduces them.
✅ Quick Answer: North Carolina’s individual income tax rate is 4.25% for 2025. It’s set to drop again to 3.99%
With more people than ever working from home or across state lines, North Carolina taxpayers are asking one big question:
Getting a letter from the IRS saying you owe money can be terrifying—especially if you live in North Carolina and
Whether you’re in Charlotte, Asheville, or anywhere in between, most North Carolina residents overpay on taxes each year—simply because they
If you own a Limited Liability Company (LLC) in North Carolina, filing your Annual Report isn’t optional—it’s a legal requirement